Senior Underwriter: Risk Strategy & Growth Lead

ADP; Raleigh (NC); On-site; USD 98,000 - 148,000; Full time

Job summary

ADP in Raleigh, NC seeks a Senior Underwriter to evaluate and negotiate insurance terms, leveraging data analysis and regulatory expertise to drive profitable risk selection. You will mentor junior underwriters, develop guidelines, and partner with brokers and clients to tailor coverage.

The role requires a Bachelor’s degree in finance or related field, 5+ years underwriting and workers' compensation auditing experience, and strong communication skills.

Qualifications

• Bachelor’s degree in Finance, Business, Risk Management, or related field.
• 5+ years of underwriting experience in the insurance.
• 5+ years or workers compensation auditor experience.
• Strong knowledge of insurance products, underwriting principles, and regulatory environment in the United States.
• Proficiency in risk assessment and financial analysis.
• Excellent communication and negotiation skills.

Responsibilities

• Evaluate and analyze insurance applications, financial statements, and risk factors to determine policy eligibility and terms.
• Develop and implement underwriting guidelines and strategies to optimize risk selection and pricing.
• Collaborate with sales teams, brokers, and clients to clarify coverage needs and negotiate terms.
• Review and approve complex or high-value insurance policies, ensuring compliance with regulatory standards.
• Monitor portfolio performance and adjust underwriting approaches based on emerging trends and loss experience.
• Provide mentorship and guidance to junior underwriters to enhance team capabilities and knowledge.
• Prepare detailed reports and documentation to support underwriting decisions and audit requirements.

Skills

Underwriting

Risk assessment

Financial analysis

Communication

Negotiation

Leadership

Education

Bachelor's degree in Finance/Business/Risk Management

Tools

Underwriting software

Data analytics tools

Job description

ADP in Raleigh, NC seeks a Senior Underwriter to evaluate and negotiate insurance terms, leveraging data analysis and regulatory expertise to drive profitable risk selection. You will mentor junior underwriters, develop guidelines, and partner with brokers and clients to tailor coverage.

The role requires a Bachelor’s degree in finance or related field, 5+ years underwriting and workers' compensation auditing experience, and strong communication skills.