Underwriter III

Underwriter III

The Underwriter III provides support to the underwriting process, making appropriate decisions within own underwriting assigned authority levels. Reviews insurance applications and processes accounts. Projects a professional company image through internal and external customer interaction.

This role is located in our Scottsdale office on a hybrid schedule. We will consider highly qualified remote candidates.

• Assesses new and renewal accounts to determine acceptability based upon NIC underwriting guidelines and authority granted.
• Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, addresses discrepancies as needed, and enters information into appropriate systems.
• Establishes types and limits of coverage to be provided.
• Creates, analyzes and interprets data from various systems and underwriting resources.
• Responsible for monitoring production, profitability, and maintaining agency relationships.
• Collaborates with underwriting team as well as other departments on underwriting philosophy.
• Effectively communicates (written / verbal) information to both internal and external customers to ensure our standards of excellence are maintained.
• Consults with agency staff to obtain additional information on existing accounts.
• Promotes consistency amongst underwriting teams by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals.
• Maintains confidentiality with discretion and integrity with both internal and external information.
• Maintains familiarity with state laws and filing requirements within assigned territory to properly transact business within a state.
• Consults with underwriting team to determine if reinsurance is needed, and negotiates terms with designated reinsurer companies.
• Identifies and recommends changes to policy verbiage when standard text is not appropriate. Seeks manager approval before implementing.
• Monitors the amount of insurance in force on a single risk or group of closely related risks. Evaluates possibility of catastrophe losses and takes necessary action, as needed.
• Occasionally requested to assist with the development of special programs, underwriting procedures, and educational seminars.
• Composes reports and business correspondence such as travel summaries, agendas, and meeting minutes.
• Coordinates internal and / or external visits including but not limited to scheduling meetings, confirming staff availability, and arranging meals / entertainment.
• Provides guidance and support to less experienced team members within the department.
• Travel to agent offices and / or other external events is required.
• Performs other duties as assigned.

Qualifications

Additional Company Details

The Company is an equal employment opportunity employer. We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role