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MAPFRE Insurance
Webster, MA | Full Time
$68k-88k (estimate)
3 Months Ago
Underwriting Analyst
MAPFRE Insurance Webster, MA
$68k-88k (estimate)
Full Time | Insurance 3 Months Ago
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MAPFRE Insurance is Hiring an Underwriting Analyst Near Webster, MA

Position can be at a higher level commensurate with experience

Job Summary
The Underwriting Analyst works with Product, Application Services, Underwriting, Marketing, and Actuarial to track state performance and provide recommendations to enable the company to meet corporate performance objectives relative to loss ratio, growth, and retention objectives. Prepares reports on agent/company/industry experience, such as production, loss ratios, retention of business, frequency and severity, class distributions, territory and class credits, etc., and identifies concerns or trends for review and action. Develops this information from internal reports and outside sources. Performs, or assists in, Underwriting Reviews/Audits in order to monitor compliance to established underwriting guidelines and procedures. Performs analysis and adhoc projects and distributes various reports for Agency Evaluation Committees.
Schedule
Monday thru Friday, 8:00 a.m. to 4:30 p.m. ET / Hybrid

Knowledge, Skills and Abilities
Education: Bachelor's Degree or professional level of knowledge in a specialized field, or equivalent, related experience.
Experience: 2 - 4 years - or Associates Degree equivalent plus 4 - 6 years.
Knowledge: General knowledge of industry practices, standards, and concepts within field of work. Applies them to perform work requiring analytical business skills.
Decision Making: Makes decisions related to a wide variety of situations within management limits. Interprets guidelines and procedures, applying judgment and discretion. Decisions influence portions of a project, client relationships and/or expenditures.
Supervision Received: Works independently under general supervision. Work is reviewed for overall adequacy in performing tasks.
Leadership: May provide training and guidance to less experienced staff.
Problem Solving /Operations/Direct Work Involvement: Applies knowledge to determine solutions to complex problems with minimal direction. Uses research and analysis to develop innovative and practical solutions which are consistent with organizational objectives.
Client Contacts: Contacts other departments and or external organizations or parties frequently. Contacts are primarily at or below middle management levels. Communication is primarily task-related and involves creating and delivering varied types of messages and information.

Additional Knowledge, Skills and Abilities
Minimum three (3) years experience in property and casualty insurance underwriting or similar discipline is required. Participation in insurance or business related courses, such as CPCU. Must be familiar with the functionality of software products designed to capture, manipulate and present pertinent data such as Microsoft Excel and Microsoft Word. Additional knowledge of database query tools such as Microsoft Access, SAS and other SQL based products is a plus.

If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at talentacquisition@mapfreusa.com.
We are proud to be an equal opportunity employer

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$68k-88k (estimate)

POST DATE

03/16/2024

EXPIRATION DATE

05/23/2024

WEBSITE

mapfreinsurance.com

HEADQUARTERS

SAN RAMON, CA

SIZE

1,000 - 3,000

FOUNDED

2008

CEO

RHEA HARRIS

REVENUE

$1B - $3B

INDUSTRY

Insurance

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The following is the career advancement route for Underwriting Analyst positions, which can be used as a reference in future career path planning. As an Underwriting Analyst, 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 Underwriting Analyst. You can explore the career advancement for an Underwriting Analyst below and select your interested title to get hiring information.