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Property Underwriter
2 months ago
Our direct client in Alpharetta, GA is growing and looking to add multiple underwriters to their team. One of the fastest growing companies in the industry.
Key Responsibilities:
- Solicit and review new and renewal property submission from various production sources
- Analyze submitted documentation according to company underwriting standards and guidelines and request additional information.
- Subject to written underwriting authority prepare and present quotation terms and conditions as submitted.
- As regards quoted terms or conditions outside underwriting authority, prepare written referral document and submit for approval to appropriate authority.
- Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
- Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts.
- Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
- Review and approve final bound policy terms prior to mailing to broker/client in accordance with underwriting standards and guidelines.
- Prepare and approve file documentation in accordance with file documentation procedures.
- Prepare various Home Office reports as requested or required.
- Other duties as may be assigned by manager
Skills/Experience Required:
- Bachelors degree in a related field such as business, finance or insurance
- Minimum of 3 years of relevant experience