New Business Underwriter

001 Brown & Brown, Inc; Ephrata (WA); On-site; USD 60,000 - 95,000; Full time

Benefits offered by this job

Health benefits

401k plan

Tuition reimbursement

Paid time off

Job summary

Brown & Brown is seeking an Underwriter I to evaluate and quote prospective new members and renewals in our Washington state operations. You will make independent underwriting decisions, ensure accuracy in quotes and policy docs, and support underwriting strategy.

The role requires a high school diploma, progression toward a WA Property & Casualty license within 12 months, and prior insurance experience or a related degree.

Qualifications

• High school diploma required.
• Obtain Washington State Property & Casualty license within 12 months (courses and testing provided).
• Preferred math skills such as basic accounting or business math.
• Prior insurance experience or college degree.

Responsibilities

• Make independent underwriting decisions using discretion.
• Underwrite new applications and renewals per guidelines.
• Determine acceptability of business and maintain underwriting integrity.
• Provide training to Underwriter I and Assistants as requested.
• Assist in developing underwriting rates, guidelines and strategies.

Skills

Underwriting

Discretion

Communication

Teamwork

Education

High school diploma

WA Property & Casualty license within 12 months

Prior insurance experience or college degree

Tools

Microsoft Office

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Summary: Responsible for underwriting and associated tasks for existing and new programs, with a focus on evaluating and quoting prospective new members.

Essential Duties and Functions:

• Make independent underwriting decisions using discretion.
• Underwrite new applications and renewal submissions according to Letter of Authority, if applicable.
• Determine acceptability of business.
• Maintain integrity of underwriting practices.
• Perform essential functions of Underwriter I at a higher degree of proficiency and for more complex programs.
• Provide training to Underwriter I and Underwriting Assistants as requested.
• Assist organization in formulating underwriting strategies for continued growth and profitability.
• Implement methods for promotion of policies or improvements to processes.
• Assist in developing, implementing, and monitoring quality control efforts.
• Serve as resource for organization on underwriting and technical insurance issues.
• Participate in developing underwriting rates and guidelines.
• Assist marketing programs to carriers along with existing and prospective insureds.
• Oversight of document issuance; indications, quotes etc. issued without errors.
• Review competitor quotes, binders, and policy forms to provide comparisons to pool coverage as requested.
• Other job-related projects or assignments as delegated.

Competencies:

Proficient computer skills in Microsoft Office programs. Ability to learn other business software programs. Underwriting at the advanced level of position and difficulty. Excellent oral and written communication skills and the ability to work in teams. Possess a positive attitude, strong interpersonal skills, organizational skills, the ability to analyze situations to make decisions, and be detail-oriented. Professional office dress is mandatory. Must present oneself in a professional manner, including personal hygiene and appearance. Regular attendance is essential and expected for the effective operation of the company.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. Required: High school diploma. Obtain a Washington State Property & Casualty Insurance Producers License within 12 months (courses and testing provided by Company). Preferred Math skills such as Business Math or basic accounting functions. Prior insurance experience or college degree.

Physical Requirements Necessary on a Regular Basis:

Manual dexterity, arm and upper body range of motion sufficient for use of a keyboard, mouse and telephone on a constant basis for at least 7-10 hours per day. Speech and hearing sufficient for in-person and telephone communication on a constant basis for at least 7-10 hours per day. Vision sufficient for use of a computer monitor. Ability to sit at a desk on a constant basis for at least 7-10 hours per day.

Annual Salary Range:

Annual Salary Range: $60,000 - $95,000 DOE Pay Range 60000 - 95000 Annual The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater “WE”—never “me.”While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.

Brown & Brown and its affiliates maintain an internal recruiting team responsible for filling open roles posted to the public. In certain situations, Brown & Brown may supplement its internal capabilities by engaging external recruiting vendors and employment agencies ("Recruiting Vendors"). Recruiting Vendors are not authorized to submit resumes, share candidate data, or directly or indirectly contact Brown & Brown employees to present candidates for employment opportunities. The only exception applies to Recruiting Vendors with an active Valid Agreement (as defined below) that has been approved by Brown & Brown. In accordance with this policy, and to ensure appropriate authorization for sharing candidate personal information, Brown & Brown will not accept unsolicited resumes from any source other than Authorized Recruiting Vendors with a Valid Agreement in place who have been expressly invited to support a specific role. Any unsolicited resumes, incomplete submissions, or candidate data received through any means (including email or otherwise) will be considered the property of Brown & Brown. Brown & Brown will not pay any placement or related fees for unsolicited submissions or candidate data provided in violation of this policy. Such submissions may be used by Brown & Brown without any obligation to pay fees of any kind to Recruiting Vendors. A Valid Agreement is defined as a written contract signed by an authorized representative of Brown & Brown. In the absence of a Valid Agreement, Brown & Brown assumes no liability under any legal theory, including but not limited to breach of contract, breach of implied contract, tortious interference, quantum meruit, any/or any other contractual or equitable claims in connection with candidates identified through unsolicited submissions made in violation of this policy.