Senior Underwriting Specialist

Jobtailor; North Carolina; On-site; USD 90,000 - 140,000; Full time

Job summary

Jobtailor in the United States is seeking an experienced Underwriter to evaluate and underwrite new and renewal business, applying underwriting guidelines and risk appetite.

You will collaborate with actuaries, agents, brokers, and clients to obtain information, develop risk assessment models, and ensure compliance with industry regulations while aiming to grow profitable business.

Qualifications

• Bachelor’s Degree or equivalent experience in business, economics, risk management, or insurance.
• Minimum of 9 years of underwriting experience or related field.
• Professional designation such as AU, CPCU, CIC, INS, or ARM preferred.

Responsibilities

• Evaluate and underwrite new and renewal business according to Company underwriting guidelines and risk appetite
• Develop and implement risk assessment models for coverage, pricing, and terms decisions
• Collaborate with actuaries, agents, brokers, and clients to obtain information and provide guidance
• Procure and analyze supplementary reports and screenings, including motor vehicle reports, loss history reports, and external inspections
• Document underwriting decisions and ensure compliance with state and federal insurance regulations
• Evaluate complex policy renewals and modifications, identifying policy enhancement and risk mitigation opportunities
• Communicate underwriting strategies and decisions to internal teams, agents, and brokers
• Monitor industry trends, regulatory changes, and market conditions
• Maintain relationships with internal and external customers and coworkers to generate new business and retain profitable business
• Monitor underwriting practices and assist with strategic adjustments
• May oversee performance and coaching of staff and participate in talent selection, development, and performance management for direct reports
• Provide technical advice and support to lower-level positions
• Perform other duties as assigned

Skills

Underwriting Experience

Risk Assessment Models

Analytical Skills

Communication Skills

Negotiation

Decision-Making

Market Analysis

Data Analysis

Policy Evaluation

Loss History Reports

Education

Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or related field

AU

CPCU

CIC

INS

ARM

Tools

Policy Evaluation Tools

Data Analysis Tools

Job description

• Evaluate and underwrite new and renewal business according to Company underwriting guidelines and risk appetite
• Develop and implement risk assessment models for coverage, pricing, and terms decisions
• Collaborate with actuaries, agents, brokers, and clients to obtain information and provide guidance
• Procure and analyze supplementary reports and screenings, including motor vehicle reports, loss history reports, and external inspections
• Document underwriting decisions and ensure compliance with state and federal insurance regulations
• Evaluate complex policy renewals and modifications, identifying policy enhancement and risk mitigation opportunities
• Communicate underwriting strategies and decisions to internal teams, agents, and brokers
• Monitor industry trends, regulatory changes, and market conditions
• Maintain relationships with internal and external customers and coworkers to generate new business and retain profitable business
• Monitor underwriting practices and assist with strategic adjustments
• May oversee performance and coaching of staff and participate in talent selection, development, and performance management for direct reports
• Provide technical advice and support to lower-level positions
• Perform other duties as assigned

Requirements

• Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience
• Generally, a minimum of 9 years of experience in Underwriting or a related field
• Completion of or continuing progress toward a professional designation preferred, such as AU, CPCU, CIC, INS, ARM, or a marketing designation
• Advanced knowledge of company policies and industry laws and regulations
• Excellent interpersonal and communication skills
• Advanced analytical, risk assessment, and problem-solving skills
• Strong negotiation and decision-making ability
• Familiarity with marketing strategies and tools is beneficial
• Performs work under limited supervision and technical direction
• Works with significant latitude and authority on complex assignments
• Position requires occasional travel

Core Competencies

Demonstrates expertise in underwriting processes, risk assessment, and compliance with insurance regulations, while effectively communicating strategies and decisions to stakeholders. Possesses strong analytical and negotiation skills to enhance policy offerings and mitigate risks.

Highest-signal resume keywords

• Underwriting Experience
• Risk Assessment Models
• Regulatory Compliance
• Analytical Skills
• Communication Skills

ATS Optimization Keywords

Hard Skills

• Underwriting Guidelines
• Risk Management
• Policy Evaluation
• Data Analysis
• Decision-Making
• Negotiation
• Market Analysis
• Insurance Regulations
• Policy Enhancement
• Loss History Reports

Soft Skills

• Interpersonal Skills
• Problem-Solving
• Collaboration
• Coaching
• Customer Relationship Management

Certifications & Qualifications

• Bachelor’s Degree
• AU
• CPCU
• CIC
• INS
• ARM

Industry Keywords

• Insurance
• Risk Appetite
• Market Conditions
• Supplementary Reports
• Policy Modifications
• Talent Development
• Strategic Adjustments
• Complex Assignments
• Limited Supervision
• Marketing Strategies