14253167
Located in Brooklyn, NY
Pay: $21 -$29/h
Job Full Description
We are seeking a meticulous Insurance Underwriter to assess the risk factors of potential clients and establish coverage terms. You will be responsible for implementing guidelines that ensure a balanced ratio of favorable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price. This role requires a comprehensive understanding of risk analysis, the ability to analyze data, and make informed decisions. The Insurance Underwriter plays a crucial role in maintaining the financial stability and profitability of the company.
Responsibilites:
- Review insurance applications for compliance and adherence
- Assess clients’ background information and financial status
- Liaise with specialists to gather information and opinions
- Weight loss exposures and determine underwriting alternatives
- Draw up a quotes for competitive insurance premiums
- Negotiate and define the specific terms of insurance policies with brokers or policyholders
- Keep detailed records of policies underwritten and decisions made
- Balance between mass and homogeneity of risks to achieve predictability of future results
- Develop and maintain a profitable book of business for the insurer
- Follow applicable insurance laws
Requirements:
- Proven insurance underwriting experience
- Hands-on experience with “smart systems”, analytical tools and statistical packages (spreadsheets,SPSS, databases etc)
- Sensible judgement and attention to detail
- Confident decision making skills
- Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
- Proven numeracy and statistical skills
- Insurance diploma or certification
- BS in Business Administration, Finance or related field
Pay Range: $21-29/hr
Brooklyn, NY
1032
254 36th St
Suite C247
Brooklyn, NY 11232
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