Underwriter, Boston

As an Underwriter with Jimcor Agency Inc., you will play a crucial role in reviewing and appraising applications for insurance placement. Utilizing your knowledge and independent judgment, you will determine the eligibility of risks by comparing them to the guidelines of available programs. You will interact with companies and brokers via various channels, including telephone, email, regular mail, and personal contact.

Key Responsibilities:

• Review applications for insurance coverage, reports from loss control consultants, and other information to determine if the application is acceptable for the program(s) available.
• Evaluate the experience of a risk against the class of business under review.
• Evaluate the loss potential due to catastrophe, severity, and/or frequency.
• May rate policies or check previously rated policies for proper rating.
• Utilize knowledge of automated systems to develop information for new or renewal policies.
• Prepare quotations for agents and answer questions from agents, policyholders, or prospects.
• Assist agents with comments or questions about applications and the likelihood of acceptance by the company.
• Review requests for cancellation, endorsements, etc.
• Review policies for renewal consideration.
• Request additional documentation necessary for the processing of an application, endorsement, or cancellation.
• Conduct marketing visits to agents.
• Perform other duties as assigned.

Requirements:

• Must have Producer's License.
• 3 plus years of insurance experience.
• Prior exposure to insurance underwriting type activities.
• Basic familiarity with computers.
• Good oral and written communications skills.
• Strong analytical skills and the ability to pay attention to details.
• Resourceful and controlled assertive behavior characteristics.
• Must have demonstrated negotiation skills.
• Technical knowledge of insurance coverage forms and their application to exposure.
• Knowledge of departmental regulations and policies.
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted underwriting practices.
• Strong interpersonal skills working with staff and company underwriters.
• Experience in standard underwriting practices and procedures.
• Associated classes or courses and/or industry license, or designation.

Visit Us On LinkedIn: https://www.linkedin.com/company/jimcor-agency-inc/

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Website: https://www.jimcoragency.com/

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