Underwriting Specialist

One80 Intermediaries; Maryland; On-site; USD 52,000 - 85,000; Full time

Job summary

Risk Strategies is seeking a seasoned underwriter to analyze P&C policies, review claims history, and propose accurate terms and conditions. The role involves completing policy intake, discussing uninsured risks with clients, and preparing renewal positions with supporting quotes and documentation.

The ideal candidate has substantial underwriting experience, a background in P&C policy reviews, and familiarity with risks requiring coverage gaps identification.

Qualifications

• 5+ years of underwriting experience required.
• 2+ years reviewing commercial property & casualty policies and servicing claims.
• P&C license or industry designation preferred.
• P&C background reviewing policies to ensure complete files and identifying gaps in coverage.
• Captive insurance experience preferred.

Responsibilities

• Analyze P&C policies for completion and identify coverage gaps.
• Review loss runs/claims history and propose terms and conditions as necessary.
• Complete commercial policy intake forms.
• Conduct underwriting calls with clients to discuss uninsured or underinsured risks and obtain data for pricing.
• Review renewal information and underwrite a renewal position with a quote summary.
• Submit case files for risk analysis reporting and actuarial pricing.
• Review large amounts of information for accuracy.
• Send underwriting documents to clients to support coverage recommendations.
• Explain definitions of various lines of coverage.
• Review and coordinate with the Claims Department for underwriting sign-off.

Skills

Underwriting experience

P&C policy review

Claims servicing

Gaps identification

Captive insurance experience

Job description

Your Impact

• Analyze P&C Insurance policies for completion and to identify gaps in coverage
• Analyze loss runs/claims history and propose appropriate terms & conditions as necessary.
• Complete commercial policy intake forms
• Conduct underwriting calls with clients to discuss uninsured, or underinsured risks, and obtain appropriate data for actuarial pricing
• Review policy renewal information, develop and underwrite a renewal position, and provide a quote summary with supporting documentation to be approved for sign-off
• Submit case files for risk analysis reporting, and actuarial pricing
• Review large amounts of information and raw data for accuracy
• Send underwriting documents to clients to support suggested eligible coverages for current policy year
• Explain definitions of Oxford’s various lines of coverages
• Review and coordinate with the Claims Department for underwriting sign-off

Successful Candidate Will Have

• 5+ years of underwriting experience required
• 2+ years of experience reviewing commercial property & casualty policies & servicing claims required
• P&C license or industry designation preferred
• P&C background reviewing policies to ensure complete files and identifying gaps in coverage
• Captive insurance experience is preferred

Physical Demands and Work Environment

• While performing the duties of this job, the employee is required to regularly sit, hear, and reach with hands and arms. The employee is occasionally required to stand and walk. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus
• The work environment characteristics described are representative of those employees performing the essential functions of this job. The noise level in the work environment is usually moderate to loud. Occasional travel

At Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, life, and retirement savings, The total compensation for a position may also include other elements dependent on the position offered. The expected base pay range for this position is between $ 51,800.00-85,000.00 The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.

Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at Risk Strategies by visiting our careers page: www.risk-strategies.com/careers.