Senior Underwriter/Senior Underwriting Specialist

Summit Consulting; Richmond (VA); Hybrid; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter/Senior Underwriting Specialist to join their dynamic team in Richmond, VA. This role involves evaluating and underwriting business, analyzing risk data, and collaborating with various stakeholders. The company fosters a supportive environment for growth, offering competitive benefits and opportunities for advancement. With a hybrid work setup, you can enjoy flexibility while contributing to a respected organization. If you have a strong background in underwriting and a passion for risk management, this is a fantastic opportunity to enhance your career.

Benefits

Health Plans

PTO

Holidays

Commuter Benefits

Stock Purchase Plan

Education Reimbursement

Parental Leave

401(k) Matching

Qualifications

• 5+ years of experience in underwriting or a related field.
• Professional designations such as AU, CPCU, CIC, INS, or ARM are preferred.

Responsibilities

• Evaluate and underwrite new and renewal business according to guidelines.
• Collaborate with actuaries, agents, brokers, and clients for information.
• Communicate underwriting decisions effectively to stakeholders.

Skills

Underwriting

Risk Analysis

Communication

Analytical Skills

Negotiation

Decision-Making

Education

Bachelor’s Degree in Business

Bachelor’s Degree in Economics

Bachelor’s Degree in Risk Management

Bachelor’s Degree in Insurance

Job description

The job description is comprehensive and well-structured, but it contains some irrelevant details and could benefit from improved formatting for clarity and engagement. Minor adjustments will enhance readability and focus.

Senior Underwriter/Senior Underwriting Specialist

Apply locations: Richmond, VA (USA) | Full time | Posted 4 Days Ago | Job Requisition ID: R6935

Headquartered in Lakeland, Florida, Summit employs over 700 associates across its main and regional offices in Baton Rouge, Louisiana, and Gainesville, Georgia. As specialists in workers’ compensation, we foster an environment of growth and development for our employees.

Summit provides workers’ compensation programs to thousands of employers throughout the Southeast and is a member of Great American Insurance Group, which offers a dynamic environment combining entrepreneurial spirit with industry expertise.

Essential Job Functions and Responsibilities

• Evaluate and underwrite new and renewal business according to company guidelines and risk appetite.
• Analyze risk data to determine coverage, pricing, and terms.
• Collaborate with actuaries, agents, brokers, and clients to gather information and clarify details.
• Order and review reports such as motor vehicle reports, loss histories, and inspections.
• Ensure proper documentation and compliance with insurance regulations.
• Assess existing policies for renewal or modifications.
• Communicate underwriting decisions effectively to internal and external stakeholders.
• Stay informed on industry trends, regulations, and market conditions.
• Build and maintain relationships with agents, brokers, and clients.
• Market products and services appropriately.
• Perform other duties as assigned.
• This role offers potential advancement within the Underwriting Career Path, up to a Senior Underwriting Specialist.
• The position can be remote in central or northern Virginia or based in Gainesville, GA, with a hybrid work setup (3 days in-office, 2 days remote).

#LI-Hybrid

Job Requirements

Education:

Bachelor’s Degree in Business, Economics, Risk Management, Insurance, or related field, or equivalent experience.

Experience:

Minimum of 5 years in underwriting or a related field. Professional designations such as AU, CPCU, CIC, INS, or ARM are preferred.

Qualifications:

Ability to work under general supervision, familiarity with industry practices, strong communication, analytical, negotiation, and decision-making skills. Occasional travel required.

Company: SCI Summit Consulting, LLC

Benefits:

Competitive total rewards including health plans, PTO, holidays, commuter benefits, stock purchase plan, education reimbursement, parental leave, and 401(k) matching. Details provided during hiring.

About Us

Great American Insurance Group is a financially strong, long-term organization with nearly 150 years of experience, trusted by Americans for protection. We offer diverse career paths and a supportive environment for growth. Join our team of over 8,500 employees and "Be Here. Be GREAT!"