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Sr underwriting Broomfield Co
Experience level: Mid-senior Experience required: 5 Years Education level: Bachelors degree Job function: Non IT Consultant Industry: Insurance Pay rate : View hourly payrate Total position: 1 Relocation assistance: No Visa sponsorship eligibility: No
This role will be Onsite first couple weeks 4 to 5 days for training; then move to hybrid model 2 to 3 days a week in office
What can you expect?
- You will acquire first-hand experience of the inner workings of a Managing General Agency (MGA) and gain specific understanding on how catastrophic modeling influences and supports underwriting, pricing, business planning, capital setting, and risk management processes
- You can expect to make a direct impact on business results by utilizing your analytical skills to enable sound risk selection
- You will be joining an experienced, collaborative team that excels in communication and supports one anothers successes and failures with empathy and understanding
- Your career will be supported with a hands-on training and development plan that encourages you to own your career and better yourself by discovering your motivations and unlocking your passions
What is in it for you?
- Top notch medical, dental, vision, employee stock purchase program, and 401(k) match
- A flexible work schedule with competitive compensation including bonus eligibility and vacation days commensurate with experience level
- A collaborative office with a fun room (ping pong, foosball, pinball), amazing views of the Rockies, and company happy hours
We will count on you to:
- Profitably underwrite a particular geographic territory with the expectation of promoting new business written premium growth and favorable loss ratios in accordance with the underwriting guidelines, third-party risk modeling services, and personal underwriting authority
- Service the book of business through the full policy lifecycle within service standards
- Build relationships with agency partners and sales representatives to improve risk classification, bind ratios, and sales volume
- Gain an understanding of agency management, product distribution, and claims procedures to enhance growth and underwriting profit
- Create and maintain procedures
- Professionally communicate with agents via phone and email regarding underwriting question, policy servicing, and billing questions
- Mentor and train less experienced team members
- Work cross-functionally with Compliance, Claims, Product, Underwriting and other business units to develop process improvements and product enhancements
- Provide input and feedback to leadership for continuous process improvement.
- Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable.
What you need to have:
- 1-3 years relevant experience (including internships) with a bachelors degree preferred.
- Technical Skills: Proficiency in MS Office (Excel, Word, PowerPoint)
- High attention to detail, creativity, intellectual curiosity, a desire to communicate, and strong time management skills
- Excellent customer service and communication skills
What makes you stand out?
- 3+ years of insurance underwriting experience
- Successful completion of CPCU or other insurance and/or financial designations
- Experience using third-party catastrophe risk modeling services
ESR Healthcare
