Insurance Underwriting Associate

Job Description

Description:

The position provides a variety of administrative information processing services to support the underwriting department and requires strong customer service skills. It operates as a training program to learn the company’s underwriting methodology and may provide an opportunity to become a full underwriter after a training period to be determined on a case-by-case basis based on applicant’s experience and potential.

Duties and Responsibilities:

· Evaluate new submissions to determine the acceptability of the risk in accordance with underwriting guidelines

· Learn and stay apprised of state/territory issues, regulations and trends

· Prioritize and manage inventory of special projects, new business opportunities, renewal business, and in-force policy endorsement and service requests

· Understand pricing components and rating methodology to price business based on risk characteristics, financial review and competitive analysis.

· Demonstrate technical and artistic/creative underwriting skills through strategic account review and detailed file pricing and risk documentation

· Effectively manage producer relationships to achieve production goals

· Learn how to collaborate with internal and external business partners

Qualifications/Requirements:

· Dynamic personality

· Exhibits strong organizational, problem-solving, and critical-thinking skills

· Build, strengthen, and maintain internal and external professional relationships

· Ability to thoroughly analyze various risk factors and demonstrate a flexible, creative, and thoughtful underwriting approach

· Competent use of technology

· Ability to function in a highly collaborative, fast pace, team environment

· Outstanding oral and written communication skills

Job Type: Full-time – On-site Only

Work Locations: In-Person at our UT, IL, PA, or FL offices

This is an in-person position that requires daily attendance at one of our office locations. NO REMOTE WORK AVAILABLE

Prime Insurance Company is a committed and trusted resource for individuals, businesses and producers, following a bold business model that has inspired 40 years of success and growth. By keeping our underwriting and risk management teams in-house, we’ve been able to write an endless list of risk classes, and offer a broad range of coverage in specialty classes. Our in-house, expert claims team has handled over 80,000 claims and provides support to insureds throughout the entire insurance process — from risk mitigation to claims handling. Our internal teams work together to support Prime, the producer and the insured to get the most reliable coverage for their liability risk.