General Description:
Assess risks of a less complex nature, develop, and negotiate premiums. Manage relationships with brokers and carriers. Provide appropriate insurance product to clients. Generate profit in accordance with company goals.
Responsibilities: • Under general supervision, review insurance policy applications. Includes review for completeness, accuracy, and acceptability of risks. • Obtain supplementary information as needed to underwrite policy. • Determine the desirability of accepting or rejecting risks within program guidelines. • Coordinate risk assessment with Underwriting team. • Underwrite and price exposures in accordance with filed and approved program rate levels and guidelines. Bring policy to completion with recommending and binding coverage, invoicing, and policy issuance. • Identify the need, order, and evaluate additional risk assessment information. • Communicate with agents to obtain supplemental underwriting information as needed. • May issue policies and endorsement accurately and update Agency logs. • Analyze and rate endorsement requests. • Issue and track conditional/non-renewal notices and cancellations. Adhere to regulatory compliance. • Maintain knowledge of policy terms and endorsements. • May require some travel for educational development or client relationship building.
Knowledge, Skills and Abilities: • 2 years underwriting assistant or rating experience. • High school diploma or equivalent required. • Broad knowledge of insurance industry. • Ability to negotiate with strong mathematical skills. • Strong written and verbal communication skills. • Working knowledge of Microsoft Office suite of products. • Proficiency in utilizing company systems. • Strong organizational skills with attention to detail and accuracy. • Research skills required to troubleshoot customer problems. • Ability to travel 5% of the time.
GLDR #LI-AG1 #LI-Hybrid
USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time .
Salary Range: $45,000-$55,000 (depends on experience) This is a bonus-eligible position with a target incentive of 5%. Applications accepted through 7/31/2024