Associate Underwriter

Jimcor Agencies

Plainview (NY)

Hybrid

USD 50,000 - 65,000

Full time

14 days+

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Benefits offered by this job

Paid Time Off

Paid Holidays

Retirement Plan with Employer Match

100% Employer Paid Medical

Education Assistance

Wellness Program Including Mental Health Support

Job summary

A leading insurance agency in Plainview is seeking a qualified individual for an Underwriting position focused on client relationships and risk assessment. The ideal candidate will possess a Producer's License and have 3+ years of insurance experience. Responsibilities include reviewing insurance applications, preparing quotations, and interacting with agents. The role offers a competitive salary ranging from $50k to $65k along with a comprehensive benefits package, including Paid Time Off, Medical, Dental, and a Hybrid Work Schedule.

Qualifications

3+ years of insurance experience required.
Must possess a Producer’s License.
Familiarity with automated systems is essential.

Responsibilities

Review applications for insurance coverage.
Evaluate loss potential and catastrophe risk.
Prepare quotations for agents.

Skills

Insurance Underwriting

Analytical Skills

Negotiation Skills

Communication Skills

Attention to Detail

Education

Producer's License

Industry License or Designation

Job description

This position is focused on generating opportunities and client relationships in their area of coverage specialty. It involves the review & appraisal of applications for insurance placement, using knowledge and independent judgment to determine eligibility of risks compared to guidelines of available programs. The role interacts with companies and brokers via telephone, e‑mail, regular mail, and personal contact.

Essential Duties and Responsibilities

Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if the application is acceptable for the program(s) available.
Evaluates the experience of a risk against the class of business under review.
Evaluates the loss potential due to catastrophe, severity and/or frequency.
May rate policies or check previously rated policies for proper rating.
Utilizes knowledge of automated systems to develop information for new or renewal policies.
Prepares quotations for agents and answers questions from agents, policyholders or prospects.
Assists agents with comments or questions about applications and the likelihood of acceptance by the company.
Reviews requests for cancellation, endorsements etc.
Reviews policies for renewal consideration.
Requests additional documentation necessary for the processing of an application, endorsement or cancellation.
Performs other duties as assigned.

Qualifications / Requirements

Must have Producer’s License.
3+ years of insurance experience.
Prior exposure to insurance underwriting type activities.
Basic familiarity with computers.
Good oral and written communication skills.
Strong analytical skills and the ability to pay attention to details.
Resourceful and controlled assertive behavior characteristics.
Must have demonstrated negotiation skills.
Technical knowledge of insurance coverage forms and their application to exposure.
Knowledge of departmental regulations and policies.
Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices.
Strong interpersonal skills working with staff and company underwriters.
Experience in standard underwriting practices and procedures.
Associated classes or courses and/or industry license or designation.

Compensation and Benefits

We offer a total compensation package which includes salary ($50k‑65k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More.

Seniority Level