Accident & Health Underwriter

Coverys; East Lansing (MI); On-site; USD 82,000 - 110,000; Full time

Job summary

Coverys is seeking an Underwriter II in the United States to evaluate new and renewal risks within the assigned territory, ensuring proper risk selection, pricing and terms. The role works within established strategy and delegated authority to generate a profitable portfolio.

The position requires a Bachelor's degree (or 4–7 years related experience) and may include CPCU or RPLU pursuit. Strong analytical abilities, regulatory reading, and MS Office proficiency are essential.

Qualifications

• Bachelor's degree or equivalent experience with 4–7 years in underwriting.
• Willingness to pursue CPCU or RPLU is preferred.
• Strong analytical and interpretive abilities across business documents.
• Ability to write reports and communicate clearly.

Responsibilities

• Evaluate submissions to determine risk acceptability, pricing, limits and terms.
• Follow underwriting guidelines and maintain adherence to regulations and authority.
• Interact with customers, agents and brokers to gather information and clarify requirements.
• Use analytical tools to assess exposure and drivers of claims.
• Collaborate with underwriters and teams to understand exposure and coverage.
• Document underwriting decisions and maintain audit-ready records.
• Manage profitability, submission flow, agent relationships and service in assigned territory.
• Assist in marketing activities and participate in projects as needed.

Skills

Analytical skills

Report writing

Communication

Reading/regulatory interpretation

Presentation skills

Team collaboration

Education

Bachelor's degree

CPCU or RPLU preferred

Experience equivalent to 4–7 years

Tools

Microsoft Office

Job description

Position Summary

The Underwriter II will evaluate new and renewal risks to ensure proper risk selection, pricing and terms for policies generated in assigned territory. This position will work within the established strategy and delegated authority to generate a profitable portfolio.

Essential Duties & Responsibilities

• Risk evaluation. Evaluate submissions to determine acceptability of risks in accordance with company guidelines and standards. Determine proper coverage, pricing, limits and terms based on exposure.
• Guideline adherence. Understand and follow the applicable underwriting guidelines, policies, and procedures to maintain consistency and adherence to industry regulations. Operate within assigned letter of underwriting authority.
• External communication. Interact with customers, agents, and brokers to gather necessary information and to clarify underwriting requirements. Negotiate policy terms. Participate in stewardship meetings.
• Data analysis. Utilize analytical tools to evaluate exposure and understand the driver of claims.
• Collaboration. Drive a multi-disciplinary approach to understanding insureds’ risks. Collaborate with other underwriters and team members to gain a comprehensive understanding of the exposure and best means to provide coverage.
• Documentation. Maintain accurate and detailed records of underwriting decisions and communication with both internal and external parties. Responsible for documenting the underwriting process and decisions of assigned policies.
• Portfolio Management. Manage profitability, risk characteristics, submission flow, agent/broker relationships and customer service of assigned territory. Exhibit knowledge of insurance and health care industries and other companies underwriting similar coverage.
• Marketing. Assist in marketing activities.
• Project work. May participate on or lead projects.

Education, Experience, Competencies & Values

• Bachelor's degree from four-year college or university preferred; or four to seven years related experience and/or training; or equivalent combination of education and experience.
• Willingness to complete requirements of the CPCU or RPLU designation is preferred.
• Strong analytical skills.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, governmental regulations, underwriting guidelines and manuals, bylaws, financials, articles of organization, loss runs, Joint Commission reports and other industry reports.
• Ability to write reports and business correspondence.
• Proficiency with Microsoft Office suite of programs.
• Comfortable and effective in presenting information and responding to questions from groups of managers, clients, customers, and the general public.
• Ability and willingness to travel up to 20% of the year.

The base salary range for this role is $81,665 - $110,480. Individual compensation packages are based on a variety of factors that are unique to each candidate including geographic location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!