Insurance Risk Evaluator
4 weeks ago
Harrison Gray Search and Consulting LLC has partnered with a growing wholesale brokerage to expand their underwriting team. We are seeking an experienced Insurance Risk Evaluator to join our team.
Job SummaryThe Insurance Risk Evaluator will be responsible for evaluating insurance applications to assess risk and determine acceptance or rejection. This will involve reviewing relevant documents and performing the following duties:
- Reviews applications, inspection reports, maps, and medical reports to assess risk based on factors such as financial standing, age, occupation, accident history, and property condition.
- Analyzes company records to evaluate coverage levels, potential losses from catastrophic events, and the possibility of over-insurance.
- Underwrites or brokers risks, ensuring all required information is gathered, quotes and binders are confirmed in writing, and policies are issued accurately and promptly.
- Reviews and analyzes submissions from producers, rates risks for new and renewal business, and issues quotes, binders, and indications.
- Develops relationships with retail agency clients to grow the book of business.
- Uses company facilities and binding authorities or brokers risks to negotiate successful placements.
- Provides guidance and training to processors and assistants to reduce clerical workload and develop underwriting skills.
- Collaborates with other departments, producers, and competitors to foster relationships and improve business.
To be successful in this role, you will need:
- Bachelor's degree or five years of insurance experience, including two years as an underwriting assistant.
- P&C State license.
- Proficiency in MS Office and working in a paperless environment.
- Strong telephone communication skills.
- Experience in excess and surplus lines underwriting agency or company.
- Ability to travel periodically, with acceptable motor vehicle record and insurance coverage.
CIC or CPCU candidate, familiarity with ISO manuals, forms, and policy coverage.
Physical RequirementsThis role requires regular use of a keyboard, mouse, and phone for 7-8 hours per day. You will also need to be able to sit for extended periods and have adequate vision for computer use.
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