Underwriter, Buffalo

Jimcor Agencies; Buffalo (NY); Hybrid; USD 65,000 - 85,000; Full time

Benefits offered by this job

Paid Time Off Days

Paid Holidays

Retirement Plan with Employer Match

100% Single Employer Paid Medical

Education Assistance

Wellness Program Including Mental Health Support

Employee Assistance Program

Job summary

A leading insurance agency in Buffalo is seeking a Mid-Senior level Insurance Underwriter to review and appraise insurance applications, evaluate risks, and assist agents with their inquiries. The ideal candidate should have at least 3 years of insurance experience and a Producer's License. This full-time role offers a comprehensive benefits package and a hybrid work schedule, providing a total compensation of $65k to $85k annually.

Qualifications

• Minimum of 3 years of insurance experience.
• Basic familiarity with computers.
• Experience in standard underwriting practices.

Responsibilities

• Review applications for insurance coverage.
• Evaluate risks and loss potential.
• Prepare quotations and assist agents.

Skills

Insurance underwriting

Analytical skills

Communication skills

Negotiation skills

Attention to detail

Education

Producer’s License

Associated classes or courses in insurance

Job description

Job Summary

This position is involved in the review and appraisal of applications for insurance placement. It uses knowledge and independent judgment to determine eligibility of risks when compared to guidelines of programs available. Interacts with Companies and Brokers via telephone, e‑mail, regular mail and personal contact.

Essential Duties and Responsibilities

• Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available
• Evaluate the experience of a risk against the class of business under review
• Evaluate the loss potential due to catastrophe, severity, and/or frequency
• May rate policies or check previously rated policies for proper rating
• Utilizes knowledge of automated systems to develop information for new or renewal policies
• Prepares quotations for agents and answers questions from agents, policyholder, or prospects
• Assists agents with comments or questions about applications and the likelihood of acceptance by the company
• Reviews requests for cancellation, endorsements, etc
• Reviews policies for renewal consideration
• Request additional documentation necessary for the processing of an application, endorsement or cancellation
• Conduct marketing visits to agents
• Performs other duties as assigned

Qualifications / Requirements

• Must have Producer’s License
• 3 plus years of insurance experience
• Prior exposure to insurance underwriting type activities
• Basic familiarity with computers
• Good oral and written communication skills
• Strong analytical skills and the ability to pay attention to details
• Resourceful and controlled assertive behavior characteristics
• Must have demonstrated negotiation skills
• Technical knowledge of insurance coverage forms and their application to exposure
• Knowledge of departmental regulations and policies
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices
• Strong interpersonal skills working with Staff and Company Underwriters
• Experience in standard underwriting practices and procedures
• Associated classes or courses and/or industry license, or designation

Compensation and Benefits

We offer a total compensation package which includes salary (65k-85k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Information Technology

Industries

Wireless Services, Telecommunications, and Communications Equipment Manufacturing