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Senior Underwriter
CiscoUnderwriter evaluating and managing new and renewal business at Summit, a leading workers' compensation provider in the Southeast. Collaborating with clients and internal teams to make informed underwriting decisions.
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
underwritingrisk analysiscoverage pricingdocumentationpolicy evaluationregulatory compliancedata analysisnegotiationdecision-makingbusiness relationship management
Soft Skills
interpersonal skillscommunication skillsanalytical skillsattention to detailcollaborationcustomer serviceproblem-solvingadaptabilityteamworkrelationship building
Certifications & Qualifications
Associate in Underwriting (AU)Chartered Property Casualty Underwriter (CPCU)Certified Insurance Counselor (CIC)Program in General Insurance (INS)Associate of Risk Management (ARM)
Industry Keywords
insurance regulationsrisk managementmarket conditionsbusiness developmentrenewal businessloss history reportsmotor vehicle reportsstate regulationsfederal regulationsinsurance policies
About the role
Key responsibilities & impact- Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
- Analyzes risk data to make informed decisions on coverage, pricing, and terms.
- Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
- Orders and reviews additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
- Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
- Evaluates existing policies for potential renewal or modification.
- Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers.
- Stays updated on industry trends, regulatory changes, and market conditions.
- Develops and maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.
- Interprets, explains, and markets products and services.
- Performs other duties as assigned.
Requirements
What you’ll need- Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience
- Generally, a minimum of 5 years of experience in Underwriting or a related field
- Completion of or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM)
- Familiar with moderately complex concepts, practices and procedures
- Maintains strong knowledge of company policies and industry laws and regulations
- Excellent interpersonal and communication skills.
- Demonstrates strong analytical skills with attention to detail.
- Strong negotiation and decision-making ability.
- Position requires occasional travel.
Benefits
Comp & perks- medical, dental, and vision coverage
- wellness plans
- parental leave
- adoption assistance
- tuition reimbursement
- Paid Time Off and paid holidays
- 401(k) plan with company match
- employee stock purchase plan
- commuter benefits