Junior Underwriter

One80 Intermediaries; New York (NY); On-site; USD 52,000 - 76,000; Full time

Job summary

One80 Intermediaries is seeking a Junior Underwriter to join our growing team in New York. You will learn underwriting guidelines, assess risks, and gain hands-on experience under the guidance of seasoned professionals.

The role emphasizes evaluating applications, gathering data, and collaborating with agents and clients to ensure accurate risk assessment. A bilingual background and strong analytical skills are highly valued as you develop in underwriting.

Qualifications

• 1-2 years insurance industry experience in commercial lines within an agency or brokerage.
• Bilingual English/Mandarin strongly preferred.
• Strong analytical and critical thinking skills.
• Attention to detail and accuracy in assessing risk.
• Good communication and interpersonal skills.
• Ability to work in a team-oriented environment.

Responsibilities

• Learn underwriting guidelines and policies.
• Analyze insurance applications.
• Gather and evaluate applicant data and risk factors.
• Assist with risk assessment.
• Assist in developing policies and products tailored to markets.
• Communicate with insurance agents, brokers, and clients to obtain information.
• Stay updated on industry trends, regulations, and underwriting techniques.

Skills

Analytical thinking

Attention to detail

Communication skills

Team player

Job description

One80 Intermediaries is seeking a Junior Underwriter to join our growing team!

Underwriters play a crucial role in evaluating risks and determining the appropriate insurance coverage for individuals or businesses. As a Junior Underwriter, you'll be learning the ins and outs of the underwriting process and gaining practical experience under the guidance of experienced professionals.

Responsibilities and Duties:

• Learning underwriting guidelines and policies: You'll familiarize yourself with the company's underwriting guidelines and the criteria used to assess risk.
• Analyzing insurance applications: You'll review insurance applications submitted by clients, verifying information, and evaluating potential risks.
• Gathering and evaluating data: You'll collect and analyze data on the applicant's background, risk factors, and any other relevant information to make informed decisions.
• Assisting with risk assessment: You'll work alongside experienced underwriters to evaluate the level of risk associated with insuring a particular client or business.
• Policy development: You may assist in developing new insurance policies and products tailored to specific markets or industries.
• Communication: You'll interact with insurance agents, brokers, and clients to obtain additional information and clarify any questions related to the underwriting process.
• Continuous learning: As a trainee, you'll be expected to stay updated on industry trends, changes in regulations, and advancements in underwriting techniques.

Requirements and Qualifications:

• 1-2 years insurance industry experience in commercial lines within an agency or brokerage.
• Bilingual (English/Mandarin) strongly preferred.
• Strong analytical and critical thinking skills.
• Attention to detail and accuracy in assessing risk.
• Good communication and interpersonal skills.
• Ability to work in a team-oriented environment.