Underwriting Specialist

One80 Intermediaries; Town of Florida (NY); On-site; USD 75,000 - 95,000; Full time

Job summary

Oxford Risk Management Group in New York seeks an Underwriting Specialist to execute critical thinking, with strong communication and organizational skills. You will work in a small, entrepreneurial, mission-driven environment focused on customer service and risk assessment for P&C lines.

You will analyze policies, loss history, and renewal data, discuss uninsured risks with clients, and prepare quotes and documentation for sign-off.

Qualifications

• Extensive knowledge of Property & Casualty insurance programs, including Commercial Property, Auto, General Liability, and GAP Coverage.
• Strong written and verbal communication, and organizational skills.

Responsibilities

• Analyze Property & Casualty policies for completion and coverage gaps.
• Analyze loss runs and claims history to propose underwriting terms and risk mitigation.
• Complete commercial policy intake forms and gather underwriting information.
• Conduct underwriting calls with clients to discuss uninsured risks and data for pricing.
• Review renewal information, develop a renewal position, and prepare quote summaries.
• Submit case files for risk analysis and actuarial pricing.
• Review large datasets for accuracy and completeness.
• Evaluate exposures and recommend coverage enhancements.
• Send underwriting documents to clients to support coverages.
• Explain Oxford's coverage definitions with emphasis on P&C, Auto, GL, and GAP.
• Coordinate with Claims for underwriting sign-off and trend analysis.

Skills

Analytical thinking

Communication skills

Organizational skills

Multitasking

Customer service

Discretion

Independent working

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

As an Underwriting Specialist at Oxford Risk Management Group, you will be required to execute critical thinking and should have strong communication skills, a high level of organization, the ability to multitask often, and be able to consistently provide world-class customer service to our clients. The Underwriting Specialist must be creative and enjoy working within a small, entrepreneurial environment that is mission-driven, results-driven, and community oriented. The ideal candidate will have extensive knowledge of Property & Casualty insurance programs, including Commercial Property, Auto, General Liability, and GAP Coverage, and the ability to exercise good judgment in a variety of situations, with strong written and verbal communication, administrative and organizational skills, and the ability to maintain a realistic balance among multiple priorities. The Underwriting Specialist will have the ability to work independently on projects, from conception to completion, and must be able to work under pressure at times to handle a wide variety of activities and confidential matters with discretion.

Your Impact

• Analyze Property & Casualty insurance policies, including Commercial Property, Commercial Auto, General Liability, and GAP Coverage, for completion and to identify gaps in coverage.
• Analyze loss runs and claims history and propose appropriate underwriting terms, conditions, and risk mitigation recommendations as necessary.
• Complete commercial policy intake forms and gather underwriting information related to P&C exposures.
• Conduct underwriting calls with clients to discuss uninsured or underinsured risks across property, liability, auto, and GAP programs, 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 and completeness.
• Evaluate client exposures and recommend appropriate coverage enhancements to address property, casualty, auto liability, physical damage, general liability, and GAP-related risks.
• Send underwriting documents to clients to support suggested eligible coverages for the current policy year.
• Explain definitions and applications of Oxford’s various lines of coverage, with an emphasis on Property & Casualty, Auto, General Liability, and GAP Coverage solutions.
• Review and coordinate with the Claims Department for underwriting sign-off and claims trend analysis.