Underwriter, Buffalo

Jimcor Agency Inc.; South Dakota; Hybrid; USD 65,000 - 85,000; Full time

Benefits offered by this job

PTO & Holidays

Hybrid work schedule

Employer-paid medical

Job summary

Jimcor Agency Inc. is seeking an experienced insurance underwriter to review applications for placement, determine eligibility against program guidelines, and coordinate with companies and brokers by phone, email, and mail.

The role emphasizes evaluating risk experience, loss potential, and proper rating, with direct exposure to underwriting processes and negotiations. A Producer’s License and 3+ years of experience are required, plus strong communication and analytical skills.

Qualifications

• Must have Producer’s License and 3+ years of insurance experience.
• Exposure to underwriting-type activities.
• Knowledge of insurance coverage forms and how they apply to exposure.
• Strong oral and written communications skills.
• Analytical mindset with attention to details.
• Negotiation skills and ability to work independently within underwriting guidelines.

Responsibilities

• Review applications for insurance coverage and reports to determine acceptability.
• Evaluate risk experience against class of business under review.
• Assess loss potential due to catastrophe, severity, and frequency.
• May rate policies or verify previous ratings for accuracy.
• Utilize automated systems to develop information for new or renewal policies.
• Prepare quotations for agents and answer questions from agents and policyholders.

Skills

Negotiation skills

Analytical skills

Communication skills

Attention to detail

Independence

Education

Producer’s License

Underwriting knowledge or designation

Tools

Computer literacy

Job description

Job Summary:

This position is involved in the review and appraisal of applications for insurance placement . 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 communications 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.
  We offer a total compensation package which includes salary (65k-85k) plus a full comprehensivebenefits 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.

Visit Us On LinkedIn: https://www.linkedin.com/company/jimcor-agencies/

View All Openings: https://www.jimcor.com/join-our-team

Website: www.jimcor.com