What are the responsibilities and job description for the Junior Underwriter, Captive position at Crumdale Specialty?
About Crumdale Specialty:
Crumdale Specialty is a diversified insurance firm providing custom, self-funded healthcare solutions to a limited distribution network of brokers, consultants, and agents nationwide. Ranked on the Inc. 5000 Fastest Growing Companies and Best Workplaces, we leverage industry expertise, superior talent, data analytics, and a disruptive mindset to manufacture, underwrite, and administer agile, transparent, and cost-saving solutions. We optimize the fragmented health benefits supply chain to reduce health benefit costs and create better outcomes for employers and employees.
At Crumdale, people come first. We strive to make a positive impact on the people we serve. We believe this starts with the passion and purpose of our team. Our company culture is rooted in alignment, innovation, and integrity.
About the Job
The Junior Underwriter role will provide technical expertise in evaluating new business and renewals, providing quotes which reflect the risk profile of the account as well as the goals of the company. The successful candidate has industry experience, understands insurance and underwriting terminology and has a general understanding of the healthcare market. Prior experience in underwriting and captive arrangement a plus. An early track record of balancing creative thinking with strong business judgement and analytical skills, this role will underwrite opportunities utilizing Crumdale’s unique solutions.
Duties & Responsibilities:
- Oversee production to ensure timely and accurate completion of renewals and proposals
- Review renewal and new business proposals to ensure that quoted business is in line with Company objectives, goals and solutions
- Develop relationships with key constituents and decision makers based on trust and credibility to enhance influence on risk management and pricing decisions
- Provide solid and persuasive arguments to move Sales and external audiences toward appropriate risk solutions
- Enhance department influence by negotiating workable solutions, meeting deadlines and providing responsive service
- Conduct periodic internal reviews in order to maintain compliant rates, controls and processes
- 1 to 2 years of underwriting experience with progressive responsibilities
- General knowledge and understanding of self-funded and fully-insured markets, including understanding and interpreting claim reporting from various external sources
- Ability to balance judgement, analytical skills, and creative thinking
- A good communicator; collaborating with Sales and other key constituents to drive successful outcomes
- Demonstrated Excel skills and knowledge
- Exposure to the Ugan underwriting system and SalesForce a plus
At Crumdale, we strive to provide a comprehensive and supportive benefits package to ensure the well-being of our employees. Our benefits include:
- Medical
- Telemedicine
- Dental
- Vision
- Life, AD&D, Disability
- 401(k)
- Flexible Time-off
Please note: Crumdale Specialty is not engaging with external recruitment agencies; please refrain from contacting us regarding this position.