Underwriter

Underwriter Job Description Template

Our company is looking for a Underwriter to join our team.

Responsibilities:

  • Review and follow up for loss control recommendations;
  • Responsible for file maintenance and completeness;
  • Adherence to Admiral underwriting guidelines and referral compliance;
  • Act as referral authority for Associate Underwriters;
  • Maintain an acceptable underwriting profit;
  • Determine whether to accept, modify, or decline risks;
  • Attend industry client centric events;
  • Assist with the development of new products, services, process improvements, and marketing initiatives;
  • Selecting individual risks with company product line pricing and underwriting guidelines;
  • Achieve favorable rate and retention within given territory;
  • Consistently meet or exceed designated LOB production metrics;
  • Establish and maintain broker relationships though superior levels of service and direct broker engagement;
  • When necessary, complete account transactions as required;
  • Participates annually in audits of program administrators;
  • Refer accounts outside of assigned underwriting authority with complete information and including a recommended course of action.

Requirements:

  • Working knowledge of Banking and/or Payments products;
  • Knowledge of Word, Excel and Financial Statement Spreading Tools;
  • 1-3 Years previous work experience in collections, credit, underwriting, or an equivalent occupation with progressive responsibilities;
  • Ability to work in team driven environment, yet be able to work independently to complete daily tasks;
  • Strong risk management skills;
  • Demonstrated ability to be persuasive and to negotiate;
  • Demonstrated ability to mentor associate UW’s;
  • Demonstrated ability to adapt to change as the company moves forward in its strategic vision;
  • College degree preferred;
  • Must have 2-5 years of underwriting experience;
  • Solid background in risk analysis;
  • Must have valid state-issued driver’s license in good standing;
  • Demonstrate proficiency in usage of all supplied desktop tools, including the automated underwriting and email systems;
  • Candidate must have proven ability to successfully negotiate and develop producer relationships;
  • Knowledge of emerging Technology hazards, trends and concepts preferred.