Underwriter Lead

Alliant Insurance Services; Yardley (Bucks County); On-site; USD 90,000 - 130,000; Full time

Job summary

Alliant Insurance Services in Yardley, PA area seeks an experienced underwriter to review, underwrite and rate broker submissions for new and renewal business. You will ensure completeness, obtain information from Retail Producers and Account Managers, and work with carriers to quote, negotiate, define coverages and determine commissions.

The role requires a strong background in underwriting guidelines, renewal management, audits and data integrity within agency systems.

Qualifications

• Bachelor's degree or equivalent combination of education and experience.
• 8+ years related work experience in insurance with supervisory experience.
• Valid insurance license and license renewal requirements.
• Driver license valid and in state.

Responsibilities

• Review, underwriting and rate broker submissions for new and renewal business.
• Markets to carriers to obtain quotes, negotiate pricing, define coverages and commissions.
• Manage renewal expiration lists and timelines for renewals.
• Coordinate audits, reports, and data integrity in the agency system.

Skills

Excellent verbal and written comms

Customer service skills

Problem solving & time management

Teamwork and collaboration

Planning, organizing & prioritization

Mathematical proficiency

Microsoft Office proficiency

Education

Bachelor's degree or equivalent

8+ years related experience

Valid Insurance License

Driver License (DL)

Job description

Alliant Insurance Services is one of the nation's largest and fastest-growing insurance brokerage and consulting firms. We operate through a network of specialized national platforms and local offices to offer our clients a comprehensive portfolio of solutions built on innovative thinking and personal service. Alliant is changing the way our clients approach risk management and benefits, so they can capitalize on new opportunities to grow and protect their organizations.

More information is available on the company's website at: www.alliant.com.

SUMMARY

Responsible for reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Retail Producers and Account Managers as needed. Markets to carrier to obtain quotes, negotiate pricing, define coverage's, and determine commissions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Evaluates new and renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth;
• Manages preparation of program renewal specifications and distribution to markets;
• Participates in all appropriate committees as recognized in managed programs;
• Works with program's insurance/reinsurance markets to formalize and implement annual business plan;
• Manages renewal expiration lists and creates timelines for renewals;
• Reviews policies and endorsements to identify errors or omissions to ensure agreement with binding order; reviews for discrepancies with application, quote, proposal, and/or binder;
• Orders necessary reports such as credit, location, motor vehicle, and/or inspection reports, as well as building cost estimates;
• Analyzes inspection reports to accept or reject new business;
• Coordinates the preparation of policy delivery with all related documents;
• Issues policies and endorsements; binds coverage and coordinates binders/evidences;
• Technical expert assisting management, staff, producers, carriers and account managers with resolving complex issues;
• Coordinates the preparation and distribution of management reports;
• Maintains and manages coverage bordereaux;
• Manages and delegates work to underwriters, assistant underwriters and administrative staff; monitors to ensure timely and accurate completion;
• Maintains updated logs; submissions, written or lost business;
• Maintains files, historical data and client suspense; conducts follow-ups as appropriate;
• Coordinates underwriting audits;
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
• Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

• Bachelor's Degree or equivalent combination of education and experience
• Eight (8) or more years related work experience, knowledge of insurance industry and prior supervisory experience
• Valid Insurance License
• Must continue to meet requirements for license renewal
• DL NUMBER - Driver License, Valid and in State

SKILLS

• Excellent verbal and written communication skills
• Good customer service skills, including telephone and listening skills
• Good problem solving and time management skills
• Ability to work within a team and to foster teamwork
• Excellent planning, organizational and prioritization skills
• Ability to perform complex mathematical functions
• Proficient in Microsoft Office products
• #LI-CP1

We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer.

Alliant Insurance Services, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment based on their qualifications and ability without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, sexual orientation, and gender identity), national origin, ancestry, physical or mental disability, medical condition, marital status, age, genetic information, or status as a protected veteran, in accordance with applicable federal, state, and local laws, including California law.

Applicants are protected under Federal law from discrimination. If you need an accommodation to complete the application process or would like to review these materials in an alternative format, please reach out to [e-mail]

For more information on Alliant Insurance Service's benefits, please visit www.alliant.com/about/careers/benefits