Brokerage Underwriter

Position Summary:

The Brokerage Underwriter analyzes, evaluates, selects, rates, prices and markets insurance products. This position will achieve and sustain business results that meet or exceed established goals for premium production, retained income and underwriting profit.

Essential Functions:

• Meets with insurance agents and carriers with marketing visits determined by manager, to provide customer service and grow book of business.
• Examines and evaluates documents such as applications, inspection reports,
• MVRS, financial reports, claims history and any other pertinent information to determine degree of risk, underwriting and appropriate market.
• Accepts, prices and binds insurance within underwriting authority or with interaction of company underwriter
• Prepares submissions; markets and negotiates with insurance companies on individual accounts.
• Communicates orally, by correspondence or in person with retail customers and underwriters to obtain further information, quote rates, present proposals, introduces products or service existing accounts.
• Assists support staff in resolving problems and questions.
• Provides complete policy issuance instructions to support staff, detailing all coverage terms and conditions.
• Demonstrate a strong customer focus through understanding customer’s needs and expectations and implements Company’s service standards.
• Assists with various projects as requested by management.
• Pursues technical development in order to maintain or enhance knowledge skills and abilities required to do this job.
• Audits support staff work as needed.
• Extensive local travel is required.

Education/Experience/Skills:

• Must have recent experience working with an MGA or Wholesale Broker. Minimum of 5 years experience in Brokerage or Brokerage Underwriting, Associate Underwriter/Broker within the insurance industry, specifically for a MGA or Wholesale Broker. 
• Insurance license is required within ninety (90) days of hire or placement in position.
• Ability to read, analyze and interpret business reports and to make independent decisions. 
• Strong oral and written communication skills required.  Ability to write business correspondence.
• Must be able to solve problems and deal with a variety of tasks in a fast-paced environment.
• Must demonstrate teamwork and ability to develop productive relationships with peers and management.
• Demonstrates appropriate aptitude for marketing calls and sales.
• Willingness and ability to travel to meet with customers and insurance carriers.
• Proficient knowledge of Microsoft Office Suite

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