Underwriting Specialist

Summit; Kentucky; Hybrid; USD 71,000 - 95,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) with company match

Paid time off

Holidays

Job summary

SCI Summit Consulting, LLC is recruiting for an experienced underwriter in the Southeast region. The role involves evaluating new and renewal business, analyzing risk data, and collaborating with actuaries, agents, brokers, and clients to gather essential information.

The position requires a Bachelor’s degree in a related field and a minimum of five years in underwriting or related areas, with professional designations preferred. Occasional travel is expected.

Qualifications

• Bachelor’s degree in Business, Economics, Risk Management and Insurance, or related field or equivalent experience.
• 5+ years of underwriting or related experience.
• Progress toward professional designation (AU/CPCU/CIC/INS/ARM) preferred.

Responsibilities

• Underwrites new and renewal business per guidelines.
• Analyzes risk data to determine coverage and pricing.
• Collaborates with actuaries, agents, brokers, and clients for information.
• Orders and reviews reports (MRV, loss history, outside inspections).
• Documents underwriting decisions per regulations.
• Evaluates existing policies for renewal or modification.
• Communicates decisions to internal teams and partners.
• Keeps abreast of industry trends and market conditions.
• Builds relationships with customers and coworkers for growth and retention.
• Interprets and markets products and services.
• Performs other duties as assigned.
• Role may require travel within the Southeast region.

Skills

Underwriting

Risk analysis

Stakeholder collaboration

Documentation

Policy evaluation

Communication

Industry knowledge

Client relationships

Product understanding

Travel

Education

Bachelor's degree in Business/Economics/Risk mgmt/Insurance

Tools

AU/CPCU/CIC/ARM designations

Job description

Company SCI Summit Consulting, LLC

Summit provides independent insurance agents and their clients with market-leading workers’ comp insurance and elite customer service. We’re growing and currently serve more than 7,000 independent agents and 31,000 policyholders across the South, Midwest, and Mid-Atlantic. Our strength comes from a single-minded focus on workers’ comp and a commitment to long-term customer relationships. Summit is who you turn to when you need a specialist who not only knows workers’ comp but also gets to know your business and your priorities. Our field team members are located in every state in which we operate. Summit is a member of the Great American Insurance Group where our highest goal is for all employees to feel included, respected, and empowered to perform at their best.

Essential Job Functions And Responsibilities

• 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, outside inspections, etc., to inform decisions.
• 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 clearly and effectively to internal teams, agents, and brokers.
• Stays updated on industry trends, regulatory changes, and market conditions.
• Develops and maintains effective 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.
• The person hired for this position will work out of the Gainesville, GA office or remotely from one of the states in our Southeast region including GA, IL, TN,, IN, SC, KY, NC.

Job Requirements

Education: Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience.

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).

Scope of Job/Qualifications: Performs work under general supervision and technical direction. Familiar with moderately complex concepts, practices and procedures. Works with authority on assignments of moderate technical complexity. Maintains strong knowledge of company policies and industry laws and regulations. Excellent interpersonal and communication skills. Demonstrates strong analytical skills with attention to detail. Strong negotiation and decision-making ability. Position requires occasional travel.

Company

SCI Summit Consulting, LLC

Salary Range

$70,680.00 -$94,620.00

Benefits

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

• Excludes seasonal employees and interns.