Underwriter

Meridian Grove Solutions; Raleigh (NC); On-site; USD 60,000 - 82,000; Full time

Benefits offered by this job

Health insurance

401(k) with company match

Tuition reimbursement and professional

Professional development opportunities

Job summary

Meridian Grove Solutions in Raleigh, NC is seeking an Underwriter to join our growing team. The position involves reviewing and underwriting insurance applications, assessing risk, and determining appropriate coverage and premiums to ensure accurate policy terms.

You will work with underwriting, claims, and sales teams in a collaborative office environment in Raleigh, NC. The role emphasizes strong analytical and communication skills, knowledge of regulations, and proficiency with Excel and

Qualifications

• Bachelor's degree in Insurance, Finance, or related field.
• 3–5 years of experience in the insurance underwriting field.
• Strong analytical and communication skills.
• Knowledge of insurance regulations and risk assessment.
• Proficiency in Microsoft Office Suite, especially Excel.
• Knowledge of insurance software and systems is a plus.

Responsibilities

• Review and underwrite insurance applications for accuracy and completeness.
• Assess risk factors and determine appropriate coverage and premiums.
• Conduct investigations to verify information provided by applicants.
• Collaborate with other departments to ensure smooth underwriting workflows.
• Maintain accurate records of underwriting activities.
• Provide excellent customer service and support to clients and colleagues.
• Stay up-to-date with industry regulations and underwriting best practices.

Skills

Analytical skills

Communication skills

Education

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

Tools

Microsoft Excel

Job description

Underwriter at Meridian Grove Solutions in Raleigh, NC, FULL_TIME. We offer tailored insurance solutions and exceptional service to clients. Join our growing team and contribute to our success.

Daily tasks include reviewing and assessing insurance applications, determining risk levels, and recommending appropriate coverage. You'll work closely with clients and other team members to ensure accurate and efficient underwriting processes.

Working in a collaborative team environment at our office in Raleigh, NC, you'll have the opportunity to work closely with underwriting, claims, and sales teams. This collaborative approach allows us to provide comprehensive insurance solutions to our clients. In the underwriting team, you'll be responsible for assessing risk and determining the terms and conditions of insurance policies. This involves reviewing client information, analyzing risk factors, and making decisions on policy approvals. The claims team handles the processing of insurance claims, from initial reporting to final resolution. This includes investigating claim details, assessing damages, and communicating with clients throughout the claims process. The sales team focuses on identifying potential clients, presenting insurance products, and closing deals. They also provide ongoing support and advice to policyholders. By working together, these teams can provide a seamless and efficient insurance experience for our clients.

The salary range for this position is between $60,000 and $81,865 per year, providing a competitive compensation package. Employees can also benefit from comprehensive health insurance coverage, which includes medical, dental, and vision plans. Additionally, the company offers robust retirement plans, such as a 401(k) with a company match, to help employees save for their future. Professional development opportunities are also available, including tuition reimbursement for further education and access to training programs and workshops to enhance skills and advance in the field.

Requirements: Bachelor's degree in Insurance, Finance, or related field. 3-5 years of experience in insurance underwriting. Strong analytical and communication skills. Knowledge of insurance regulations and risk assessment.

Duties:

• Review and underwrite insurance applications for accuracy and completeness.
• Assess risk factors and determine appropriate coverage and premiums.
• Conduct thorough investigations to verify the information provided by applicants.
• Collaborate with other departments to ensure smooth and efficient underwriting processes.
• Maintain accurate and up-to-date records of all underwriting activities.
• Provide excellent customer service and support to clients and colleagues.
• Stay up-to-date with industry trends, regulations, and best practices in underwriting.

Requirements:

• Bachelor's degree in Insurance, Business, Finance, or a related field.
• Minimum of 3 years of experience in the insurance industry, preferably in underwriting.
• Strong knowledge of insurance products, regulations, and risk assessment.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills, with the ability to work well in a team.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Knowledge of insurance software and systems is a plus.