Current jobs related to Associate Underwriter - Eatontown - Crum & Forster

Crum & Forster Company Overview:
**Crum & Forster (C&F)**, with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the **October 2023 Great Place to Work**®** Award** for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

**Job Description**:
**Associate Underwriter**

**Division**:Accident & Health

**Business Unit/Department**:Medical Business Unit/Direct Employer Stop Loss

**Primary Location**: Remote

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Since 2000, Crum & Forster’s Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.

In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions.

The qualities and capabilities of Crum & Forster Accident & Health demonstrate our philosophy of building meaningful, long-term partnerships and our dedication to providing alternative strategies in an ever-changing insurance market.

The A&H MBU takes a full-spectrum approach to designing and servicing a robust slate of products tailored to needs in Employer Stop Loss, Excess Medical, Life, and Ancillary and Supplemental benefits. Our diversified business model includes program partnerships as well as direct sales in Employer Stop Loss. At year-end 2023, the MBU recorded $741M in gross premium written.

**Information about the Role, Line of Business and Team**:
This position offers a unique opportunity to work with an expanding team of high-quality leaders, in an entrepreneurial environment, with the benefits of a smaller organization but the security, stability and opportunity of a large company. The Associate Underwriter is responsible for managing the pricing for a small block of stop loss business. They will partner with our sales team to help grow the top line while ensuring we meet our target loss ratio. The Associate Underwriter will also assist more Senior Underwriters with case set up and making sure the correct reporting is received.

**What you will do**:

- Assess the information provided to develop sound Specific and Aggregate Stop Loss pricing recommendations for both prospective and inforce Employer Stop Loss accounts within the North River Underwriting Guidelines
- Ability to screen large claims data prior to sending for nurse review with assistance from a Sr UW/Manager
- Begin developing strategic relationships with sales and underwriters, brokers, third-party administrators (TPAs) and other external and internal partners
- Provide support for clients on plan designs and stop loss coverage with the support of the account manager
- Begin participating in the sales process by working with the Sr UW and sales team to formulate successful strategy
- Make independent recommendation within underwriting guidelines and seeking support from managers and also maintains proper file documentation
- Managed assigned workload for set up to meet productivity and timely service
- Manage workflow during high volume periods to meet assigned deadlines
- Ability to identify drivers of medical expenses in new and renewal cases
- Provide feedback to Management to provide input on Underwriting policies and procedures as necessary
- Coordinate with Administration to provide documentation in compliance with Underwriting policies and procedures for Audit
- Maintain profitable block according to department goals
- Travel 1-2 times per year to develop relationships
- Other duties as assigned

**What YOU will bring to C&F**:

- Possess strong communication and problem solving skills
- Superior risk management and math skills
- Excellent organizational and time management skills
- Strong interpersonal skills necessary to interact with brokers, producers and clients
- Strong verbal and written communication skills
- Flexible and open to an ever changing, fast paced environment
- Exceptional attention to detail
- Ability to multi-task with an emphasis on quality and customer service

**Requirements**:

- Bachelor’s Degree from an accredited institution
- Minimum of 2 years of experience in medical stop loss underwriting and products
- Highly developed knowledge and unders