Excess Flood Underwriter

SWBC; Shavano Park (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive overall compensation package

Work/Life balance

Employee engagement activities

Career enhancement and growth opportunities

Variety of healthcare coverage options

Job summary

SWBC in Shavano Park, Texas, is looking for a talented underwriter to manage all Excess Flood policies. The successful candidate will evaluate quote submissions, process renewals, and ensure compliance with coverage aggregates.

Applicants should have a bachelor's degree or equivalent experience alongside at least five years in P&C insurance or related fields. Key benefits include a competitive compensation package, a strong work-life balance, and opportunities for career growth.

Qualifications

• At least five (5) years P&C insurance, customer service, or related experience.
• Possess P&C Insurance license.
• Lifting 10-20 lbs. of files and/or boxes.

Responsibilities

• Evaluate all Excess Flood quote submissions and provide quotes as appropriate.
• Process all renewal Excess Flood quotes in advance of policy renewal dates.
• Verify agent property-casualty or surplus lines licensing.
• Monitor Excess Flood coverage aggregates and premiums.
• Process agent billing and monitor to ensure timely payments.
• Maintain all Excess Flood policy files.

Skills

Organizational skills

Analytical skills

Written communication skills

Verbal communication skills

Ability to work independently

Education

Bachelor’s degree in business administration or equivalent work experience

Tools

Word processing

Spreadsheets

Job description

Overview

SWBC is seeking a talented individual to underwrite all Excess Flood policies and monitor aggregate limits.

Responsibilities

• Evaluate all Excess Flood quote submissions and provide quotes as appropriate.
• Process all renewal Excess Flood quotes in advance of policy renewal dates and forward to independent provider agents.
• Verify agent property-casualty or surplus lines licensing.
• Monitor Excess Flood coverage aggregates, including aggregate limits, flood zone aggregate, and Excess Flood premiums, to comply with Excess binding authority.
• Process agent billing and monitor to ensure timely payments.
• Maintain all Excess Flood policy files.
• Evaluate all NPC and CBRS quote submissions and provide quotes as appropriate.
• Perform NPC and CBRS policy setup in the system and monthly Bordereaux reporting.
• Evaluate and submit requests for open market quotes and forward quotes to agents.
• Review and approve all open market debit notes, cover notes, and policies prior to release.

Qualifications

• Bachelor’s degree in business administration or equivalent work experience.
• At least five (5) years P&C insurance, customer service, or related experience.
• Excellent organizational and analytical skills.
• Must possess excellent written and verbal communication skills.
• Strong working knowledge of word processing and spreadsheets.
• Must be able to work independently.
• Possess P&C Insurance license.
• Lifting 10-20 lbs. of files and/or boxes.

Benefits and Culture

• Competitive overall compensation package
• Work/Life balance
• Employee engagement activities and recognition awards
• Years of Service awards
• Career enhancement and growth opportunities
• Leadership Academy and Mentor Program
• Continuing education and career certifications
• Variety of healthcare coverage options
• Traditional and Roth 401(k) retirement plans
• Wellness Program

Additional Information

• SWBC is a Substance-Free Workplace and requires pre-employment drug testing.
• SWBC does not hire tobacco users as allowed by law.
• To learn more about SWBC, visit www.SWBC.com.
• If interested, please click the appropriate apply button.
• Join Our Team Great People. Great Company. Great Place to Work. SWBC is a diversified financial services company providing insurance, mortgage, and investment services to financial institutions, businesses, and individuals. Headquartered in San Antonio, Texas, SWBC employs 2,400 people nationwide. At SWBC, you are not just an employee number, but a vital team member; each employee stands out and has the ability to make a direct impact at SWBC. We’re looking for the brightest and most creative to help introduce new solutions to new problems identified in the market and improve how our existing solutions can better help our users. SWBC is a big proponent of nurturing the entrepreneurial spirit through mentorship, continuing education, internal career growth opportunities and having a platform to make meaningful changes come to life.