Underwriter

001 Brown & Brown, Inc; Fort Wayne (IN); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health Benefits

401k

Student Loan Assistance

Tuition Reimbursement

Mental Health Services

Paid Time Off

Holidays

Job summary

Arrowhead Intermediaries is seeking an Underwriter to join our growing team in FT. Wayne, IN.

The Underwriter will evaluate, qualify and rate insurance applications to determine acceptability of risk under the assigned underwriting authority, working with a team under moderate direction. The role requires a bachelor’s degree in insurance & risk management or 2+ years of underwriting experience, with strong attention to accuracy and alignment with premium/profit goals.

Qualifications

• Bachelor's degree in insurance & risk management or 2+ years of underwriting experience.
• Solid understanding of underwriting commercial exposures and insurance coverages.

Responsibilities

• Underwrite standard level of new and renewal accounts in accordance with guidelines.
• Moderate contribution toward premium and profitability objectives.
• Evaluate client exposures (general liability, excess/umbrella, property, automobile) and assess risk.
• Develop and communicate informed underwriting decisions.
• Monitor results to identify trends on assigned accounts.
• Coordinate account servicing with client services, risk services and claims services.
• Any other job-related duties as assigned by underwriting leader.

Skills

Underwriting experience

Insurance knowledge

Education

Bachelor's degree in insurance & risk management

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. Arrowhead Intermediaries is seeking an Underwriter to join our growing team in FT. Wayne, IN. The Underwriter operates at an intermediate level of underwriting skill and difficulty and will work independently under moderate direction from their assigned Underwriting Team Leader. The Underwriter will operate within its assigned intermediate level of Underwriting Authority to evaluate, qualify and rate individual insurance applications/ supporting documentation for assigned underwriting files to determine the acceptability of risk factors on behalf of the carrier. This individual is expected to maintain a high level of accuracy within their work product. The Underwriter will also contribute toward the achievement of the company's premium and profitability goals as defined by its underwriting leader

How You Will Contribute

• Underwrite standard level of new and renewal accounts in accordance with all applicable guidelines and procedures.
• Moderate contribution toward the achievement of American Specialty's premium and profitability objectives.
• Evaluate client's entire range of exposures (general liability, excess/umbrella, property, and automobile) ensuring each exposure has been properly assessed.
• Ensure effective, comprehensive approaches are developed, recommended, and implemented to address the exposures.
• This is accomplished by examination and evaluation of documents such as application forms, inspection reports, product brochures, financial reports, loss information, and other data to determine degree of risk, underwriting and market selection.
• Develop and communicate informed, sound underwriting decisions.
• Monitor results to identify trends and developments on assigned accounts.
• Coordinate account servicing through interaction with Client Services, Risk Services and Claims Services in such a way as to meet American Specialty service objectives.
• Any other job-related duties may be assigned by your underwriting leader.

Licenses and Certifications

Active Indiana Property and Casualty License.

Skills & Experience to Be Successful

• Bachelor's degree in insurance & risk management OR possess 2+ years of on-the-job underwriting experience, including developed technical knowledge and underwriting philosophy.
• Solid understanding of underwriting commercial exposures and insurance coverages.

Teammate Benefits & Total Well-Being

• 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.

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.