Underwriter

Company : Prestige Employee Administrators

Job Description - Underwriter

Reports To: Director, Risk Management
Position Description: The Underwriter will Work closely with sales team to ensure proper and timely pricing for submissions for workers’ compensation coverage.
Key Responsibilities:

Review and assess the prospect’s history and operations to assess risk and pricing.
Liaise with insurance carriers and brokers to provide correct and timely submissions and pricing.
Use sound judgment to accept, reject or modify new and renewal business for workers' compensation insurance, with guidance to ensure a profitable book of business.
Price business according to company underwriting and pricing guidelines and ensure standards for timeliness are met.
Keep up-to-date with underwriting and pricing guidelines per each state and carrier.
Review and become familiar with: policy coverages, agency relationships, underwriting and team guidelines, processes, and procedures, company business strategy and organization.
Be a subject matter expert to the company on proper codes, pricing rates and workers’ compensation coverage issues.
Work with management and risk management colleagues to enhance knowledge and experience in: underwriting techniques and decision making methods, problem solving methods, sales.
Create and manage processes for the Underwriting team to improve efficiencies and to leverage Prestige’s CRM.
Provide ancillary services including completing of ERM 14, review of COI, assist with policy renewal and audits.

Education and Experience Qualifications:

Bachelor's degree desired; or equivalent education and/or related work experience.
5 years prior experience underwriting workers compensation insurance – especially in a PEO setting.
Any Insurance Institute programs including ARM and CPCU designations preferred.

Salary range based on experience. Between $110 - 120K

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Underwriter

Job Description - Underwriter

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