Associate Underwriter

4 days ago


Albuquerque, New Mexico, United States New Mexico Mutual Full time
Job Title: Associate Underwriter

The Associate Underwriter will play a crucial role in the underwriting process, responsible for evaluating and selecting risk based on the organization's underwriting risk appetite. This position will assist in the acquisition and retention of profitable workers' compensation policies through specialized processing and support.

Key Responsibilities:
  • Analyze and organize underwriting information to prepare for quote issuance and policy maintenance
  • Select risk based on the organization's underwriting risk appetite
  • Document justification for underwriting direction
  • Analyze and manage policies to ensure company renewal written premium, loss ratio, submission, and service objectives are achieved
  • Utilize communication tools and groups to provide timely and professional communication to clients
  • Assist the team through servicing accounts - processing endorsements, cancellations, and re-writes
Requirements:
  • Bachelor's or Associate degree from an accredited college/university in business or related field
  • Two to four years of Property and Casualty insurance experience preferred
  • Knowledge of insurance industry; workers' compensation experience preferred
  • Knowledge of underwriting concepts, practices, and procedures
  • Excellent communication skills, including experience with negotiation and sales
  • Strong writing skills with ability to clearly communicate underwriting decisions
  • Demonstrated ability to confidently accept appropriate risk
  • Significant attention to detail
  • Experience reviewing financial statements and ratios associated with risk analysis
  • Proven organizational, prioritization, and multi-tasking ability
  • Proven ability to manage high volume production environment
Preferred Qualifications:
  • MS Office (Word, Excel, PowerPoint, Outlook) proficiency
  • ARM, CIC, AU designation preferred
Working Conditions:

New Mexico Mutual maintains general office conditions with moderate physical demands. May be required to lift up to 50 pounds. Employees adhere to all safety rules and regulations, including building security. New Mexico Mutual maintains a drug-free environment; drug testing prior to employment as well as upon a work-related accident.


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