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Post Issuance Underwriter
Career Site Bala Cynwyd, PA
$70k-92k (estimate)
Full Time 1 Month Ago
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Career Site is Hiring a Post Issuance Underwriter Near Bala Cynwyd, PA

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses – and we’re on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career. 

What GBLI offers you:

  • Generous paid time off (PTO)
  • Professional development opportunities (including a mentorship program)
  • Educational assistance program, which covers up to $5,250 in educational costs per year
  • Comprehensive health insurance plan (with vision and dental)
  • Paid Parental Leave
  • Life insurance
  • 401(k) retirement plan with up to 6% company match and immediate vesting
  • Healthcare and dependent care flexible spending accounts
  • Short-term and long-term disability
  • Company-sponsored social events
  • Various committees to get involved in, which include our Diversity, Equity, and Inclusion Committee, and Charitable Giving Committee

Essential Duties & Functions

  • Evaluate issued policies to ensure binding business is handled properly by our agents within the established guidelines.
  • Review issued policies to ensure binding business meets our underwriting and policy construction standards.
  • Analyze all subjectivities in the file to include, Acord applications, Supplemental applications, loss run reports and various required subjectivities to ensure the risk meets the underwriting guidelines.
  • Follow-up on missing subjectivities with the agent after policy issuance to ensure completion and satisfactory results.
  • Review and evaluate Loss Control reports to confirm risks meet Underwriting guidelines and risk appetite.
  • Complete online review of risk utilizing different websites to determine the risk meets underwriting guidelines and appetite.
  • Work with production and renewal underwriters to present findings and help resolve exceptions noted.
  • Work directly with agents to resolve forms issues, missing inspection reports, and missing subjectivities
  • Commence or continue industry formal education by attending, completing and passing Insurance Society and CPCU courses, including underwriting designation curriculum(s). 
  • A successful candidate in this role will be able to accomplish the following:
    • Learn the basics of insurance, policy construction, and business underwriting guidelines.
    • Work quickly effectively to review and provide guidance on a large number of transactions daily.
    • Identify and analyze trends with policies and agents and highlight them to management.
    • Build strong relationships internally and across departments as well as with contacts at agents.
    • Eventually be trusted to client face and engage with agents with little oversight from Management.
    • Successfully complete AINS and/or CPCU courses.

Qualifications

  • College degree and 1 years relevant experience or equivalent
  • Ability to work independently and on a team.
  • Strong analytical skills.
  • Strong interpersonal and communication skills.
  • Ability to work from home when required (i.e., high speed internet connection, personal computer).
  • Strong computer skills are a necessity. Proficiency in Microsoft Office Products (Word, Excel, Outlook)
  • Excellent organizational and time management skills.

Job Summary

JOB TYPE

Full Time

SALARY

$70k-92k (estimate)

POST DATE

04/04/2024

EXPIRATION DATE

06/03/2024

Show more

Career Site
Full Time
$50k-63k (estimate)
2 Months Ago
Career Site
Full Time
$71k-95k (estimate)
2 Months Ago