Insurance Underwriter/Broker

Broker / Underwriter

Our client is looking for a talented Bi-Lingual ( Mandarin Chinese Preferred ) Broker / Underwriter to assist an underserved market.

This is an opportunity to map your own course, while working from home. Having success and satisfaction, knowing you are assisting others to cover their homes, and businesses giving them peace of mind knowing their possessions and livelihoods are protected from things they cannot control.

When you work for our client, you join a firm you can be proud of. Their ability to attract and retain some of the finest people in the Wholesale Industry speaks well of them and how they value their associates.

Responsibilities

• Initiate, coordinate and quote new and renewal business with little or no supervision
• Determine coverage needs, prepare submissions for market and secure quotes
• Negotiate terms and coverage available with accessible markets
• Analyze, process and provide rating for premium and non-premium endorsements, including audits, cancellations & reinstatements
• Monitor accounts to ensure compliance with the company’s policies and procedure
• Possess and maintain an in-depth knowledge of underwriting guidelines, carrier appetite and state specific insurance laws / regulations
• Communicate with agents on underwriting issues including cancellations, declinations, exposure concerns, and inspection results

Education and Experience Requirements

• Broad knowledge of concepts and procedures related to commercial property and casualty insurance which is typically acquired through a Bachelor’s degree in a related field or at least 2 years of wholesale or E&S related experience
• Must be able to understand and analyze necessary components of insurance policies
• Possess or obtain California Property & Casualty Insurance license within 120 days of employment
• Proficient computer knowledge including all aspects of Microsoft Office
• Maintain and cultivate relationships with agents and insurance carriers
• Familiarity with multi-faceted systems including company rating websites, AIM & ImageRight
• Ability to effectively and independently manage complex workload while exhibiting very sound judgment
• Highly organized, able to multi-task, detail-oriented and possesses a sense of urgency
• Ability to work in a team environment is essential
• Maintain strong knowledge of the E & S market within the wholesale distribution channel

Supervisory Responsibilities : There are no supervisory responsibilities required. Supervisory responsibilities are a future possibility due to Manger retirement.

Competencies : To perform the job successfully, an individual should demonstrate the following competencies :

• Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data.
• Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Uses reason even when dealing with emotional topics.
• Technical Skills - Pursues training and development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.
• Customer Service - Responds promptly to customer needs; Responds to requests for service and assistance; Meets commitments
• Interpersonal Skills - Focuses on solving conflict, not blaming.
• Oral Communication - Listens and gets clarification; Responds well to questions.
• Written Communication - Presents numerical data effectively; Able to read and interpret written information.
• Teamwork - Contributes to building a positive team spirit; Able to build morale and group commitments to goals and objectives.
• Business Acumen - Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition.
• Cost Consciousness - Contributes to profits and revenue.

Language Skills : Ability to read and interpret documents such as business reports, safety rules, operating and maintenance instructions, and procedure manuals.

Ability to write routine reports and business correspondence. Ability to speak effectively before groups of customers or employees of organization.

Mathematical Skills : Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.

Ability to apply concepts of basic algebra and geometry.

Reasoning Ability : Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.

Ability to deal with problems involving several concrete variables in standardized situations. Ability to make independent decisions.

Computer Skills : To perform this job successfully, an individual should have knowledge of Spreadsheet software and Word Processing software.

Other Qualifications

• Ability to problem-solve and deal with a variety of tasks in a fast-paced environment.
• Ability to develop productive relationships with peers and management and to demonstrate teamwork.
• Willingness and ability to travel to meet with customers and insurance carriers.

Physical Demands : The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear.

The employee is frequently required to reach with hands and arms and stoop, kneel, crouch, or crawl. The employee is occasionally required to stand and walk.

The employee must occasionally lift and / or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.

Work Environment : The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.