Associate Underwriter (Healthcare)

Associate Underwriter

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

The Associate Underwriter reports to the VP, Underwriting and is responsible for providing underwriters with information necessary to make underwriting and pricing decisions (e.g. data entry, clearance, additional information from agents/brokers, modeling, mapping, and other administrative support from initial submission through policy issuance and renewal). This position provides support within established process workflows and guidelines that are responsive to marketing, underwriting, retention, and service goals. Candidates applying for this position need to have a strong customer service focus mindset combined with the ability to manage responsibilities in a timely, accurate, professional, and consistent manner.

The responsibilities include:

• Perform data entry, maintain service diaries, manage account clearance, and support renewal templating processes
• Setting up ILF rater with tower schematics and exposure details
• Setting up UW template with exposure & financial information
• Update and maintain transaction logs, account documentation (ensuring accuracy and organized files), and internal information systems
• Setting up ILF rater with tower schematics and exposure details
• Setting up UW template with exposure & financial information
• Support with maintenance of manual submission and transaction logs.
• Support with file organization/completeness
• Support underwriters by assembling and processing quotes, binders, policies, endorsements, and billing communications
• Support with data entry into OYYO for new/renewal business for quotes/binders/policies
• Communicate with brokers and agents to gather additional account information and provide updates on account status
• Follow up for missing documentation to facilitate with account review and file audits
• Provide general administrative support to underwriters and other internal teams as needed

What we are looking for:

• Minimum of 2 years of experience in the insurance industry or related financial services
• Strong commitment to providing excellent customer service preferred.
• Collaborative mindset with adaptability to changing priorities
• Proactive approach to achieving results and supporting team goals
• Ability to quickly learn and navigate various technical platforms
• Effective communication skills, both verbal and written
• Professional, analytical, and flexible approach to work
• Strong organizational skills with the ability to prioritize and work independently in a fast-paced environment with time-sensitive deadlines

We love people who want to:

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress
• Be intellectually curious, think creatively, and pragmatic

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits
• Long Term Financial Incentives STOCK!
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Lifestyle Spending Allowance
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

Pay Range: $60,000 - $70,000 + Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.