Description
Associate Underwriter I/II-Property & Inland Marine Division
Our Property & Inland Marine team is looking for an Associate Underwriter I/II to join their team in Houston, TX. Job title and compensation will be dependent upon successful applicant’s level of experience.
Essential Job Functions and Responsibilities
Assists in the review and evaluation of applications, ensuring they align with Company policies and underwriting guidelines.
Works closely with underwriters and brokers/agents to gather additional information and clarify application details.
Analyzes relevant data, including financial statements, property valuations, and loss histories to assess risk exposure.
Prepares and maintains underwriting files, ensuring all documents and approvals are properly filed.
Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management.
May underwrite new and renewal policy transactions within written authority.May enter policy information on an assigned product, territory and / or agency in accordance with template rules.
Proofs / audits policy information on an assigned product, territory, and/or agency(ies).
Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
Orders, reviews, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.
Research and respond to questions from brokers/agents.
Provides information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.Monitors entry / processing to ensure data integrity and to avoid potential systemic issues.
May provide guidance to less experienced staff and serve as a resource to other functional areas.
Performs other duties as assigned.
Requirements
Education: Associates Degree in Business, Finance, or a related field or equivalent experience.
Experience: Generally, 6 months-3 years of related work experience.
Scope of Job/Qualifications: Performs work under moderate supervision. Performs standard duties utilizing often-complex processes/procedures on assignments of a routine nature. Possesses procedural knowledge and skills that enable task accomplishment. Demonstrates working knowledge of coverage and forms, provisions for policies written within the assigned territory/unit, workflow and systems. Foundational written and verbal skills. Works within standard, established authority limits.
