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Insurance Underwriter

2 months ago


Chicago, United States Prime Insurance Company Full time
Job DescriptionJob Description

Job Description

Description:

The ideal candidate will creatively analyze, underwrite, and effectively manage Prime’s book of business to ensure profitable growth.

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

· 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.

· Stay apprised of state/territory issues, regulations and trends

· Effectively manage producer relationships to achieve production goals

· Collaborate with internal and external business partners

Qualifications / Requirements:

· College degree from an accredited institution required

· Dynamic personality

· Exhibits strong critical thinking, analytical, and problem solving skills

· Ability to effectively build, strengthen, and maintain internal and external professional relationships.

· Proficient in risk analysis and pricing to achieve profitable growth

· Competent in use of technology

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

· Outstanding oral and written communication skills.

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

· Capable of taking on and effectively executing any professional task

Job Type: Full-time

Company DescriptionPrime 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 70,000 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.Company DescriptionPrime 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 70,000 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.