Insurance Underwriter

Placements24; United States; Hybrid; USD 75,000 - 105,000; Full time

Benefits offered by this job

Hybrid work model

Health insurance

Dental insurance

Vision insurance

Pension plan

Professional development

Job summary

Placements24 is seeking an Insurance Underwriter to join our team in a role that involves risk assessment, pricing, and portfolio management. The position emphasizes collaboration with brokers and internal stakeholders to ensure profitable growth and compliant underwriting practices.

The role supports a balance of in-office teamwork with remote flexibility. The successful candidate will leverage analytical and quantitative skills, experience in underwriting, and proficiency with underwriting

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or related field.
• 3+ years of experience in insurance underwriting.
• Strong analytical and quantitative skills with a keen eye for detail.
• Knowledge of underwriting principles, practices, and regulatory requirements.
• Proficiency in underwriting software and Microsoft Office Suite.
• Excellent negotiation and decision-making abilities.

Responsibilities

• Analyze insurance applications to assess risks and determine insurability.
• Evaluate applicant information, financial data, and risk factors.
• Set appropriate premium rates and terms based on risk assessment and company guidelines.
• Develop and maintain strong relationships with brokers and agents.
• Stay updated on industry trends, market conditions, and regulatory changes affecting underwriting.
• Ensure compliance with all underwriting policies and procedures.

Skills

Analytical skills

Quantitative skills

Attention to detail

Negotiation

Decision making

Education

Bachelor's degree in Finance/Economics/Business Administration

Tools

Underwriting software

Microsoft Office

Job description

About the Role

Our client is looking for a diligent and analytical Insurance Underwriter to join their team based in George . This position is vital for assessing and pricing risk to ensure the profitability and sustainability of the company's insurance products. You will evaluate applications, determine appropriate coverage levels, and set premiums, playing a key role in risk management and portfolio growth. This is an excellent opportunity for a meticulous individual with a strong understanding of risk assessment to contribute to the strategic objectives of a leading insurance provider, working in a collaborative setting that balances remote flexibility with essential in-office teamwork.

Key Responsibilities

• Analyze insurance applications to assess risks and determine insurability.
• Evaluate applicant information, financial data, and risk factors.
• Set appropriate premium rates and terms based on risk assessment and company guidelines.
• Develop and maintain strong relationships with brokers and agents.
• Stay updated on industry trends, market conditions, and regulatory changes affecting underwriting.
• Ensure compliance with all underwriting policies and procedures.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 3 years of experience in insurance underwriting .
• Strong analytical and quantitative skills with a keen eye for detail.
• Knowledge of underwriting principles, practices, and regulatory requirements.
• Proficiency in underwriting software and Microsoft Office Suite.
• Excellent negotiation and decision-making abilities.

Benefits

• Competitive salary and potential for performance bonuses.
• Hybrid work model offering a balance between office and remote work.
• Comprehensive health, dental, and vision insurance plans.
• Pension fund contribution and life assurance.
• Opportunities for professional development and industry certifications.