Underwriting Specialist

Jobtailor; Kentucky; On-site; USD 65,000 - 110,000; Full time

Job summary

Jobtailor in the United States is seeking an experienced underwriter to evaluate and underwrite new and renewal business in line with guidelines and risk appetite. You will analyze risk data to set coverage, pricing, and terms while collaborating with actuaries, agents, and clients to gather necessary information.

The role involves ordering and reviewing reports, ensuring documentation and regulatory compliance, and seeking renewal opportunities.

Qualifications

• Bachelor’s Degree in Business, Economics, Risk Management and Insurance or related field or equivalent experience.
• Generally, a minimum of 5 years of experience in Underwriting or related field.
• Completion of or progress toward professional designation preferred (AU, CPCU, CIC, INS, ARM).
• Familiar with moderately complex concepts, practices and procedures.
• Strong knowledge of company policies and industry laws and regulations.
• Excellent interpersonal and communication skills.
• Strong analytical skills with attention to detail.
• Strong negotiation and decision-making ability.
• Position requires occasional travel.

Responsibilities

• Evaluates and underwrites new and renewal business per guidelines and risk appetite.
• Analyzes risk data for coverage, pricing, and terms.
• Collaborates with actuaries, agents, brokers, and clients for information.
• Orders and reviews reports and inspections (e.g., motor vehicle, loss history).
• Ensures documentation of underwriting decisions and compliance with regulations.
• Evaluates existing policies for renewal or modification.
• Communicates underwriting decisions to internal teams, agents, and brokers.
• Keeps updated on industry trends, regulatory changes, and market conditions.
• Develops and maintains relationships to generate and retain profitable business.
• Interprets, explains, and markets products and services.
• Performs other duties as assigned.

Education

Bachelor’s Degree in Business, Economics, Risk Management and Insurance

Job description

• Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite
• Analyzes risk data to make informed decisions on coverage, pricing, and terms
• Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details
• Orders and reviews additional reports and screens, such as motor vehicle reports, loss history reports, and outside inspections
• Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations
• Evaluates existing policies for potential renewal or modification
• Communicates underwriting decisions to internal teams, agents, and brokers
• Stays updated on industry trends, regulatory changes, and market conditions
• Develops and maintains business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business
• Interprets, explains, and markets products and services
• Performs other duties as assigned

Requirements

• Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience
• Generally, a minimum of 5 years of experience in Underwriting or a related field
• Completion of or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM)
• Familiar with moderately complex concepts, practices and procedures
• Strong knowledge of company policies and industry laws and regulations
• Excellent interpersonal and communication skills
• Strong analytical skills with attention to detail
• Strong negotiation and decision-making ability
• Position requires occasional travel

Core Competencies

Demonstrates expertise in underwriting processes, risk analysis, and compliance with insurance regulations while effectively communicating decisions and maintaining strong business relationships.

Highest-signal resume keywords

• Underwriting Experience
• Risk Analysis
• Regulatory Compliance
• Interpersonal Communication
• Negotiation Skills

Hard Skills

• Risk Management
• Data Analysis
• Policy EvaluationDecision-Making
• Documentation
• Insurance Pricing
• Market Analysis
• Coverage Assessment
• Report Review
• Business Development

Soft Skills

• Attention to Detail
• Collaboration
• Customer Relationship Management
• Analytical Thinking
• Communication Skills

Certifications & Qualifications

• Associate in Underwriting (AU)
• Chartered Property Casualty Underwriter (CPCU)
• Certified Insurance Counselor (CIC)
• Program in General Insurance (INS)
• Associate of Risk Management (ARM)

Industry Keywords

• Insurance Regulations
• Underwriting Guidelines
• Risk Appetite
• Market Conditions
• Loss History Reports