Production Underwriter

Brown & Brown, Inc.; United States; Remote; USD 80,000 - 100,000; Full time

Benefits offered by this job

Health Benefits: Medical/Rx, Dental, Vision

Financial Benefits: 401(k), Tuition Reimbursement

Paid Time Off and Holidays

Job summary

001 Brown & Brown, Inc is seeking an Underwriter to assess risks and manage insurance applications accurately. The ideal candidate should possess a bachelor's degree or equivalent experience in insurance, and have proficiency with MS Office Suite. This role includes responsibilities like examining application forms, underwriting risks, and collaborating with retail agency customers to cultivate business relationships.

The position offers a competitive annual salary ranging from $80,000 to $100,000 and comprehensive benefits including health insurance, financial assistance programs, and paid time off.

Qualifications

• Bachelor's degree in a relevant field or equivalent insurance experience.
• Proficient in using Microsoft Office applications.
• Strong communication skills, especially via telephone.

Responsibilities

• Examine application forms and other documents to determine risk.
• Review company records for insurance accuracy.
• Underwrite risks and ensure timely issuance of policies.

Skills

Proficiency with MS Office Suite

Exceptional telephone demeanor

Experience with excess and surplus lines underwriting

Education

Bachelor’s degree or five years of insurance experience

Job description

Responsibilities

• Examines application forms, inspection reports, insurance maps, medical reports and other documents to determine risk based on factors such as financial standing, age, occupation, accident experience, and property condition.
• Reviews company records to ascertain insurance in force on single or related risks, and evaluates potential losses from catastrophe or excess insurance.
• Underwrites or brokers risks, ensuring all required information is obtained, applications are completed, quotes and binders are confirmed in writing, and policies are issued promptly and accurately.
• Completes state filings where applicable and makes necessary tax payments in accordance with state laws.
• Secures payments on bound or written risks.
• Reviews, analyzes and underwrites risks submitted by producers; rates submissions for premium and terms; analyzes exposures for quotes on new and renewal business; issues written indications, quotes, and binders; and engages inspection companies for additional information or to explain underwriting policies.
• Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business.
• Utilizes company binding authorities or brokering risks to negotiate placements and extends company facilities as required.
• Ensures coding on required forms is completed and correctly utilized.
• Services and perpetuates existing business, produces new business, and maintains a keen awareness of priorities.
• Instructs and trains processors and assistants; reviews indications, quotes, binders, submissions and policies for completeness and accuracy.
• Provides guidance and training to reduce clerical workload and develops underwriting and brokering skills and techniques.
• Fosters and improves relationships with other departments, producers, companies, and competitors.

Licenses and Certifications

• CIC or CPCU candidate with thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms (coverages, exclusions, conditions and terms).
• P&C State license and E&S license.

Qualifications

• Bachelor’s degree (B.A.) from a four‑year college or university, or five years of insurance experience (including two years as an underwriting assistant).
• Proficiency with MS Office Suite and paperless environments.
• Exceptional telephone demeanor.
• Experience with excess and surplus lines underwriting agencies or companies.

Travel Requirements

Routine or periodic travel may be required. Candidates must be able to drive their own vehicle or a rental vehicle, maintain an acceptable Motor Vehicle Record, and keep minimum required insurance coverages.

Compensation

Pay Range: $80,000 – $100,000 annually.

Benefits

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

Equal Opportunity Employer

Bridge Specialty Group is an Equal Opportunity Employer committed to diversity, inclusion, and belonging.