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1 Associate Underwriter Job in Chantilly, VA

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CO1005 ProAssurance Group Services Corporation
Chantilly, VA | Full Time
7 Months Ago
Associate Underwriter
Full Time 7 Months Ago
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CO1005 ProAssurance Group Services Corporation is Hiring an Associate Underwriter Near Chantilly, VA

An exciting opportunity exists to join the ProAssurance family of companies! We are a specialty writer of professional liability, products liability and workers' compensation insurance. With approximately 1000 employees operating in all 50 states, we are well positioned to offer career opportunities to individuals interested in professional growth. This position supports our LawyerCare professional liability program. Preference is for this position to be hybrid and based out of our Chantilly VA location when in the office. The primary responsibility of an Associate Underwriter is to assess risk and protect the company from financial loss by working closely with the underwriting, policy services, claims, sales and marketing, and regulatory departments. The associate underwriter interacts with internal and external customers and plays a key role in ensuring that production and profitability goals are met and exceeded. The expectation is that the AU perform their duties in accordance with established customer service and Treated Fairly standards and do so within the framework of the rules, rates, and coverage forms filed and approved by law in the state of responsibility. Essential Duties and Responsibilities: 45% - Assist underwriter in reviewing and issuing direct and agent written new business and renewal applications and make recommendations regarding classification and pricing based on insurability and profitability. This includes comparing year over year risk profile and loss history information and take necessary steps to ensure that each risk is appropriately classified and priced. 25% - Generate and mail out renewal offers monthly. 15% - Analyze and appropriately process policy endorsement requests from insureds and agents. 5% - Attend team, department, and cross functional team meetings. Participate in discussions or education sessions with other teams or departments as needed. Review underwriting reports and reviews as requested by management. Secondary Responsibilities: 5% - Perform special projects as directed by management. 5% - Work in partnership with Underwriting and Policy Services leadership and staff to foster efficient and accurate service to our agents and insureds. Qualifications: Bachelor’s Degree in Business, Insurance, or related field preferred. A high school diploma or G.E.D. and a minimum of 3 years of professional experience is required for candidates without a bachelor’s degree. Minimum one year experience within an insurance environment required. Prior professional liability underwriting experience desired. Understanding of insurance terminology, and insurance and underwriting principles preferred. Proficiency with Microsoft Office Suite. Excellent organizational and interpersonal skills. Self-motivated and able to accomplish multiple tasks in a timely manner. Accomplished written and verbal communication skills. Strong analytical skills required.

Job Summary

JOB TYPE

Full Time

POST DATE

09/21/2022

EXPIRATION DATE

12/19/2022

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The job skills required for Associate Underwriter include Underwriting, Customer Service, Leadership, Microsoft Office, Pricing, etc. Having related job skills and expertise will give you an advantage when applying to be an Associate Underwriter. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Associate Underwriter. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Associate Underwriter positions, which can be used as a reference in future career path planning. As an Associate Underwriter, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Associate Underwriter. You can explore the career advancement for an Associate Underwriter below and select your interested title to get hiring information.

If you are interested in becoming an Associate Underwriter, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Associate Underwriter for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Associate Underwriter job description and responsibilities

The Underwriting Associate performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings.

05/03/2022: Saint Petersburg, FL

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Associate Underwriter jobs

Being an Underwriting Associate typically requires a high school diploma.

04/28/2022: Orlando, FL

Working as an Underwriting Associate typically requires 0-2 years of related experience.

02/25/2022: Flagstaff, AZ

To write an effective associate underwriter job description, begin by listing detailed duties, responsibilities and expectations.

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Get a job as an entry-level employee.

04/04/2022: Sioux Falls, SD

Step 3: View the best colleges and universities for Associate Underwriter.

Butler University
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