Summary
We are looking for a talented and experienced underwriter to join our team. The ideal candidate will have a strong understanding of insurance principles and practices. They will be able to use their skills to assess the risk of potential policyholders and make underwriting decisions that are in the best interests of the company.
Responsibilities
- Underwrite new insurance policies: Underwriters review the applications of potential policyholders to determine the risk of insuring them. They consider factors such as the applicant’s age, health, occupation, and driving history to make an underwriting decision.
- Renew existing insurance policies: Underwriters review the policies of existing policyholders to determine whether to renew them. They consider factors such as the policyholder’s claims history, payment history, and financial status to make a renewal decision.
- Manage claims: Underwriters manage claims filed by policyholders. They investigate claims to determine their validity and negotiate settlements with claimants.
- Communicate with policyholders and other stakeholders: Underwriters communicate with policyholders, agents, and other stakeholders to provide information about insurance policies and claims.
- Stay up-to-date on insurance regulations and trends: Underwriters stay up-to-date on insurance regulations and trends to ensure that they are making informed underwriting decisions.
Qualifications
- Education: Bachelor’s degree in business administration, finance, or a related field
- Experience: Experience in underwriting
Skills
- Strong understanding of insurance principles and practices
- Excellent analytical and problem-solving skills
- Ability to make sound underwriting decisions
- Excellent communication and negotiation skills
- Ability to work independently and as part of a team