Underwriter

Onyx Atlantic Corp.; Newark (NJ); On-site; USD 70,000 - 98,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Paid time off

Job summary

Onyx Atlantic Corp. in Newark, NJ is hiring an Underwriter for a full-time role. The position pays $70,000 to $97,947 per year and requires a bachelor’s degree in finance, insurance, or a related field plus 3-5 years of underwriting experience.

You will assess risks, review applications, and determine coverage terms in a collaborative office setting. Employees receive comprehensive health coverage, a robust retirement plan, and paid time off including vacations, sick leave, and holidays.

Qualifications

• Bachelor's degree in Finance, Insurance, or related field.
• 3-5 years of experience in the insurance industry, preferably in underwriting.
• Proficiency in Microsoft Office and strong analytical skills.

Responsibilities

• Analyze insurance applications to assess risks and determine coverage terms.
• Review and approve insurance policies, ensuring compliance with legal and regulatory requirements.
• Maintain and update underwriting guidelines and procedures.
• Collaborate with claims team to assess and settle claims.
• Conduct market research to identify trends and opportunities in the insurance industry.
• Provide excellent customer service to clients, answering queries and concerns.

Skills

Analytical skills

Communication skills

Interpersonal skills

Education

Bachelor's degree in Finance, Insurance, or related field

Tools

Microsoft Office Suite

Excel

Job description

Onyx Atlantic Corp. is hiring an Underwriter for its FULL_TIME position in Newark, NJ. The salary range is $70,000 - $97,947. The Underwriter will assess risks and underwrite insurance policies to protect clients and the company.

The Underwriter will review applications, assess risks, and make underwriting decisions. You'll also analyze policyholder data, maintain accurate records, and ensure compliance with regulations. Additionally, you'll provide guidance to clients and colleagues on insurance products and services.

The Underwriter will work in a team environment at our office in Newark, NJ. You'll collaborate with underwriting managers, actuaries, and other professionals to ensure accurate and efficient underwriting processes.

The salary range for this position is between $70,000 and $97,947 per year, providing a competitive compensation package. Employees can expect comprehensive health insurance coverage, including medical, dental, and vision plans, to ensure their well-being. The company also offers a robust retirement plan, allowing employees to save and invest for their future. Additionally, paid time off is provided, including vacation days, sick leave, and holidays, to help employees maintain a healthy work-life balance. These benefits are designed to support the overall health and happiness of the employees.

Candidates must have a bachelor's degree in finance, insurance, or a related field. Experience in underwriting insurance policies is required. Proficiency in Microsoft Office and strong analytical skills are essential.

The company values diversity and encourages all qualified individuals to apply.

• Analyze insurance applications to assess risks and determine coverage terms.
• Review and approve insurance policies, ensuring compliance with legal and regulatory requirements.
• Maintain and update underwriting guidelines and procedures.
• Collaborate with our claims team to assess and settle claims.
• Conduct market research to identify trends and opportunities in the insurance industry.
• Provide excellent customer service to our clients, answering their queries and addressing their concerns.
• Bachelor's degree in Insurance, Risk Management, Finance, or a related field.
• 3-5 years of experience in the insurance industry, preferably in underwriting.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Knowledge of insurance laws, regulations, and industry standards.