Underwriter

Lockton Companies; Overland Park (KS); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Health insurance

Job summary

Lockton Companies in Overland Park, KS, is seeking an underwriting professional with 2–5 years in commercial Property and Casualty insurance. The role reviews new and renewal applications, rates, and endorses policies, while collaborating with clients and carriers to ensure compliant, timely outcomes.

Applicants should have a Bachelor’s degree (or equivalent), strong math and communication skills, and proficiency with Microsoft Office.

Qualifications

• Bachelor’s degree preferred; high school diploma or equivalent education and/or experience required.
• 2-5 years of experience in commercial Property and Casualty insurance.
• Experience in rating and underwriting.
• Ability to work independently and exercise good judgment in accordance with regulatory and carrier requirements for moderately complex items.
• Proficiency in Microsoft Office products.
• Strong mathematical skills.

Responsibilities

• Follow established procedures for reviewing new and renewal applications, assessing risk eligibility, and providing competitive pricing guidance.
• Accurately rate new business, renewals, and endorsements for assigned programs.
• Communicate with internal and external customers to gather and analyze insurance information, supporting underwriting activities such as quoting, binding, issuing, and endorsing policies.
• Ensure compliance with referral criteria outside of underwriting authority.
• Prepare files for underwriter approval outside of authority by performing preliminary review and evaluation of the risk.
• Issue policies in accordance with state requirements.
• Work within pre-established timeframes and underwriting authority to meet service standards.
• Review and process transactional items for individual risks.
• Document and communicate policy approvals or rejections to the underwriting team and customers in a timely manner.
• Maintain and update personal and assigned library manuals within established guidelines.

Skills

Analytical thinking

Communication skills

Numerical accuracy

Independent work

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Overland Park - Affinity, Kansas, United States of America

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

About the Position

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented, and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers who developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

Follow established procedures for reviewing new and renewal applications, assessing risk eligibility, and providing competitive pricing guidance.

Accurately rate new business, renewals, and endorsements for assigned programs.

Communicate with internal and external customers to gather and analyze insurance information, supporting underwriting activities such as quoting, binding, issuing, and endorsing policies.

Ensure compliance with referral criteria outside of underwriting authority.

Prepare files for underwriter approval outside of authority by performing preliminary review and evaluation of the risk.

Issue policies in accordance with state requirements.

Work within pre-established timeframes and underwriting authority to meet service standards.

Review and process transactional items for individual risks.

Document and communicate policy approvals or rejections to the underwriting team and customers in a timely manner.

Maintain and update personal and assigned library manuals within established guidelines.

Perform other work-related duties and projects as assigned.

Qualifications

Bachelor’s degree preferred; high school diploma or equivalent education and/or experience required.

2-5 years of experience in commercial Property and Casualty insurance, with comprehensive understanding of insurance concepts, practices, and procedures.

Experience in rating and underwriting, ideally acquired in a role such as Underwriting Specialist.

Ability to work independently and exercise good judgment in accordance with regulatory and carrier requirements for moderately complex items.

Proficiency in Microsoft Office products.

Strong mathematical skills and solid aptitude for numerical accuracy.

Excellent verbal and written communication skills.

Strong organizational and time management skills to meet deadlines.

Equal Opportunity Statement

Lockton Companies is proud to provide everyone anequal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learnsfrom, celebrates and thrives because of ourbreadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 13,100+ Associates doing business in over 155 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time.

• In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.