Underwriter

GetJobSmart; Philadelphia (Philadelphia County); On-site; USD 55,000 - 76,000; Full time

Benefits offered by this job

Health insurance

Retirement plans

Professional development

Job summary

Summit Summit Partners in Philadelphia, PA is seeking an Underwriter to evaluate and manage insurance risks, ensure competitive premiums, and maintain accurate policy records. The role requires a bachelor''s degree in finance/insurance, at least two years in underwriting, strong analytical and communication skills, and proficiency with Excel.

You will collaborate with colleagues, stay current with regulations, and contribute to underwriting strategies while delivering excellent customer service

Qualifications

• Bachelor's degree in Finance, Insurance, or a related field.
• Minimum 2 years of insurance underwriting experience.
• Strong knowledge of insurance regulations and industry standards.

Responsibilities

• Assess and evaluate insurance applications to determine risks and coverage eligibility.
• Review and analyze policyholder information to ensure compliance with insurance regulations and company guidelines.
• Collaborate with underwriting staff to make informed decisions regarding insurance applications.
• Provide exceptional customer service to policyholders, answering questions and addressing concerns.
• Maintain accurate and up-to-date records of insurance policies and claims.
• Stay current with industry trends and best practices in insurance underwriting.
• Participate in team meetings and contribute to the development of underwriting strategies and processes.

Skills

Analytical thinking

Communication

Problem-solving

Attention to detail

Education

Bachelor's degree in Finance/Insurance

Tools

Excel

Office Suite

Job description

The role of Underwriter at Summit Summit Partners in Philadelphia, PA, is a full-time position that offers a competitive salary ranging from $55,000 to $76,250 per year. This opportunity is open until November 23, 2026, providing ample time for interested candidates to apply and secure their position. The Underwriter at Summit Summit Partners plays a crucial role in the company's operations, focusing on the evaluation and management of risks associated with insurance policies. This position requires a strong understanding of insurance principles and a keen eye for detail to ensure accurate risk assessment and policy management. The Underwriter will work closely with clients and other team members to provide comprehensive insurance solutions tailored to their specific needs. The role also involves maintaining accurate records and reports, as well as staying up-to-date with industry trends and regulations. With a full-time schedule, the Underwriter at Summit Summit Partners can expect a dynamic and challenging work environment, where they can make a significant impact on the company's success.

As an Underwriter, you'll evaluate and manage insurance risks, ensuring clients receive optimal coverage at competitive rates. You'll analyze policy applications, assess risk factors, and determine appropriate premiums.

Join our team in a collaborative work environment in Philadelphia, PA. We foster professional growth and development, providing tailored financial strategies to our clients.

The salary range for this position typically spans from $55,000 to $76,250 annually, depending on factors such as experience, location, and the specific requirements of the role. In addition to the base salary, employees may be eligible for a comprehensive benefits package that often includes health insurance, retirement plans, and opportunities for professional development. These benefits are designed to support the overall well-being and career growth of the employees.

You should have a bachelor's degree in finance, insurance, or a related field. Experience in risk management and insurance underwriting is preferred. Strong analytical and communication skills are essential.

Duties

• Assess and evaluate insurance applications to determine risks and coverage eligibility.
• Review and analyze policyholder information to ensure compliance with insurance regulations and company guidelines.
• Collaborate with underwriting staff to make informed decisions regarding insurance applications.
• Provide exceptional customer service to policyholders, answering questions and addressing concerns.
• Maintain accurate and up-to-date records of insurance policies and claims.
• Stay current with industry trends and best practices in insurance underwriting.
• Participate in team meetings and contribute to the development of underwriting strategies and processes.

Requirements

• Bachelor's degree in Finance, Insurance, Business, or a related field.
• Minimum of 2 years of experience in insurance underwriting or a related role.
• Strong knowledge of insurance regulations, laws, and industry standards.
• Excellent analytical and problem-solving skills.
• Outstanding communication and interpersonal skills.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Ability to work well under pressure and meet tight deadlines.