Commercial Lines Underwriter

Triple-S; Guaynabo (PR); On-site; USD 65,000 - 90,000; Full time

Job summary

Triple-S is seeking an experienced underwriter to assess the risk of insuring commercial businesses, determine premiums, and approve or decline applications within delegated authority. You will coordinate with the department on projects and relate to Producers to address service needs.

The role requires strong analytical skills and knowledge in pricing and underwriting for P&C programs, with CIC/CISR being preferable.

Qualifications

• Bachelor's degree with 1 year or more of related experience in pricing and underwriting, financial arrangements and P&C programs.
• Or Associate Degree with 3 years or more of related experience in pricing and underwriting, financial arrangements and P&C programs.
• Or 5 years or more of related experience in pricing and underwriting, financial arrangements, and P&C programs. Strong analysis and knowledge in Commercial Lines processes is highly preferred.

Responsibilities

• Evaluates new business and commercial lines renewals to select new risks to underwrite and renewals to maintain according to underwriting guidelines.
• Provides guidance and service to producers and authorized representatives by telephone, in writing or in person.
• Provides follow-up to new businesses that are listed to close them.
• Evaluates the loss experience of the policies to be renewed, identifies cases with adverse experience, takes measures or requests notice of non-renewal for them.
• Evaluate, quote and issue commercial lines new policies, endorsements and renewals.

Skills

Manages Ambiguity

Instills Trust

Collaborates

Customer Delight (Employee)

Action Oriented

Education

Bachelor's Degree

Associate's Degree

Job description

At Triple-S, we are committed to providing meaningful job experiences for Valuable People (Gente Valiosa). We strive for excellence in everything we do, from the way we work together to the way we serve our customers.

When you join Triple-S, you will be key to our efforts on delivering high-quality and affordable healthcare as well as contribute to our purpose to enable healthier lives. We serve more than 1 million consumers in Puerto Rico through our Medicare Advantage, Medicaid, Commercial, Life and Property & Casualty Businesses.

JOB SUMMARY

This role involves assessing the risk of insuring commercial businesses, determining the appropriate premiums, and making decisions about whether to approve or decline insurance applications according to delegated authority limit and based on Company Underwriting Guidelines. Conducts planning efforts within your department, whether for day-to-day operational situations or assigned projects or to coordinate multiple resources within your department or division. Responsible for influencing decisions through fundamental recommendations or opinions. Maintain a direct relationship with Producers through immediate and effective attention to the service needs they present.

ESSENTIAL FUNCTIONS

• Evaluates new business and commercial lines renewals to select new risks to underwrite and renewals to maintain according to underwriting guidelines.
• Provides guidance and service to producers and, or authorized representatives by telephone, in writing or in person.
• Provides follow-up to new businesses that are listed to close them.
• Evaluates the loss experience of the policies to be renewed, identifies cases with adverse experience, takes measures or requests notice of non-renewal for them.
• Evaluate, quote and issue commercial lines new policies, endorsements and renewals.

EDUCATION

• Bachelor's Degree
• Associate's Degree

EXPERIENCE

Bachelor's degree with 1 year or more of related experience in pricing and underwriting, financial arrangements and P&C programs. Or Associate Degree with 3 years or more of related experience in pricing and underwriting, financial arrangements and P&C programs. Or 5 years or more of related experience in pricing and underwriting, financial arrangements, and P&C programs. Strong analysis and knowledge in Commercial Lines processes is highly preferred.

LICENSES AND CERTIFICATIONS

• CIC designation (preferable)
• CISR (preferable)

COMPETENCIES

• Manages Ambiguity
• Instills Trust
• Collaborates
• Customer Delight (Employee)
• Action Oriented

It is company policy to seek for the qualified applicants for positions throughout the company without distinction of race, color, national origin, religion, sex, gender identity, real or perceived sexual orientation, civil status, social condition, political ideologies, age, physical or mental disability, veteran status or any other characteristic protected by law. Drug-free company.

Equality Employment Opportunity/Affirmative Action for People with Disabilities/Veterans. Employer with E-Verify to verify the eligibility of employment of all the new employees.

We encourage Veterans and Disabled to Apply.