Commercial Insurance Underwriter

Description

The Opportunity : The Underwriter is responsible for evaluating individual account risk in relation to coverage granted to price and set terms for accounts that will balance written premium, rate, and profitability goals. This position will support management and coworkers with projects through leadership, teamwork, training, and implementation.  In This Role You Will Execute On :

• Effectively implement the underwriting standards, procedures, coverage forms and rating plans established for each HAS program
• Identify acceptable accounts from those submitted by HAS appointed agencies / producers utilizing the HAS Underwriting Guidelines established for each program or plan
• Utilize all resources available to determine the terms and premium for each account submitted, including but not limited to : account application, schedules, web-site, driver data, motor vehicle driver reports, news articles, risk management reports, MSB valuations, independent appraisals, IRMI and other resources;
• Determine the terms and premium for each account and release a quotation utilizing the HAS underwriting system by or prior to the agent / producer due date
• Place necessary reinsurance when exposures exceed program or program delegated authority / capacity
• Demonstrate knowledge of coverage forms specific to each assigned program
• Demonstrate sound underwriting decisions as demonstrated by file documentation and discussions on facts leading to the decision
• Maintain effective file organization
• Demonstrate effective planning and organization skills utilized to manage the assigned accounts, projects and performance requirements;

In This Role You Will Need :