What are the responsibilities and job description for the Underwriter- Property and Casualty position at Lockton?
Your Responsibilities
Lockton Affinity, a division of Lockton Companies located in Overland Park, Kansas, is currently hiring for a person to join the underwriting team as an Assistant Underwriter. Our underwriting team serves as an insurance industry advocate with a focus on improving the customer experience by understanding their risk and properly insuring their exposures. This position will be responsible for qualifying individual risks in accordance with our underwriting guidelines.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
#Affinity
Lockton Affinity, a division of Lockton Companies located in Overland Park, Kansas, is currently hiring for a person to join the underwriting team as an Assistant Underwriter. Our underwriting team serves as an insurance industry advocate with a focus on improving the customer experience by understanding their risk and properly insuring their exposures. This position will be responsible for qualifying individual risks in accordance with our underwriting guidelines.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Work within established new and renewal procedures in reviewing applications to determine risk eligibility and assign competitive pricing guidance for risk.
- Correspond with internal and external customers to collect and analyze insurance information that facilitates the risk assessment process and provides underwriting support in: quoting, binding, issuing, and endorsing policies.
- Ensure compliance of referral criteria outside of underwriting authority.
- Prepare referrals to carrier outside of internal authority by performing overall risk assessment and pricing of the risk.
- Document and communicate policy approvals or rejections to the underwriting team and internal/external customers in a timely manner.
- Review and process transactional items for individual risks.
- Perform other work-related duties and projects as assigned.
- Bachelor’s degree in Business, Finance, or other relevant study preferred.
- Comprehensive understanding and application of concepts, practices, and procedures related to insurance.
- Ability to work independently and exercise good judgement in accordance with regulatory and carrier requirements on moderately complex items.
- Proficiency using Microsoft products.
- Solid aptitude for mathematical proficiency.
- Strong verbal and written communication skills.
- Organizational and time management skills to meet time sensitive deadlines.
#Affinity