What are the responsibilities and job description for the Commercial Insurance Underwriter position at Bounty Jobs?
Job Title: Commercial Insurance UnderwriterLocation: Plainview, NY areaExperience Level: Mid-Level$80-$120k, Plus full-benefits!Job Summary:We are seeking an experienced Insurance Underwriter to evaluate applications for insurance coverage. The ideal candidate will apply sound judgment and technical knowledge to assess eligibility and risk, while maintaining strong communication with brokers and insurance carriers. This role involves reviewing documentation, providing quotations, and contributing to the growth and retention of accounts.Key Responsibilities:Review insurance applications, loss control reports, and other documents to determine risk acceptability.Assess potential loss based on catastrophe risk, frequency, and severity.Verify rating accuracy or assign policy ratings as needed.Use internal systems to process information for new and renewal policies.Prepare quotations and respond to inquiries from agents, policyholders, and prospects.Assist agents in evaluating applications and determine program fit.Manage endorsements, cancellations, and renewals.Request supporting documentation to complete applications or process changes.Conduct marketing visits and build relationships with agency partners.Perform other duties as assigned.Qualifications:Active Producer’s License required.Must have a book of business!Minimum of 3 years’ experience in insurance underwriting or related field.Familiarity with standard underwriting practices and departmental regulations.Proficiency with basic computer systems.Excellent written and verbal communication skills.Strong analytical and decision-making capabilities.Demonstrated negotiation skills and technical knowledge of insurance coverage forms.Self-motivated, with the ability to work independently and complete assignments efficiently.Experience mentoring or working collaboratively with underwriters and agency staff is a plus.Industry designations or coursework preferred.Compensation:Competitive salary & benefits packages 401(k) plan with employer match Paid time off and holiday pay Health Club Reimbursement & Wellness Program Education Assistance & Learning Opportunities Mentorship Opportunities at All Levels Interactive Goal Setting and Coaching Internal Growth Opportunities Collaborative Work Environment Friendly Team, Helpful, with an Open Door Policy Forward thinking, Innovative & Encourage Ideas
Salary : $80,000 - $120,000