Underwriting Analyst

SUMMARY 

Responsible for providing technical and marketing support to their assigned team, including but not limited to the initial review and underwriting of new and renewal business, collection of information from Producers/Clients, as well as preparation of the Underwriting Risk Evaluation Loss Analysis.  Coordinates coverage terms and pricing with carriers to obtain quotes for team.

ESSENTIAL DUTIES AND RESPONSIBILITIES  

• Reviews new business submissions from co-Brokers to ensure content is complete;
• Processes new business clearance through applicable carrier system;
• Communicates with co-Brokers to obtain necessary data for initial underwriting review for both new and renewal business;
• Analyzes data to ensure program eligibility for new and renewal risks;
• Completes Underwriting Risk Evaluation Loss Analysis for new and renewal accounts;
• Inputs data into carrier rating models and produces quote for Underwriter;
• Coordinates delivery of quote(s) to co-Broker;
• Manages policy review and delivery to co-Broker/Client;
• Evaluates and underwrites policy and coverage change requests received from co-Broker/Client;
• Manages endorsement process with carrier and delivery to co-Broker/Client;
• Organizes and maintains department business reports and logs;
• Organizes and maintains program underwriting files;
• Prepares and analyzes interim underwriting reviews for delegated accounts;
• Participates in meetings with co-Brokers, clients and carriers;
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
• Other duties as assigned. 

QUALIFICATIONS 

EDUCATION / EXPERIENCE 

Bachelor's Degree or equivalent combination of education and experience 

Four (4) or more years of related work experience

Valid Insurance License

Must continue to meet Continuing Education requirements for license renewal

SKILLS

Excellent verbal and written communication skills

Good leadership, problem solving and time management skills

Good planning, organizational and prioritization skills

Ability and motivation to work independently

Proficient in Microsoft Office products

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