Associate Underwriter

About This Role

An Associate Underwriter evaluates and rates risks to determine coverage and pricing for specialty insurance products, services a book of business under supervision, and supports new business development for Burns & Wilcox.

Responsibilities

• Service a book of business under the direct supervision of an underwriter
• Evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing to prepare quotes
• Log applications, prepare binders, and process policies and endorsements
• Bind risk, post the invoice, and process technical data
• Screen renewal applications and send out renewal letters; perform some of the underwriting and prepare quotes for underwriter approval
• Assist with new business development
• Order and follow up on inspections, plus handle endorsement requests and referrals for the underwriter
• Manage relationships with retail agents and follow up on any outstanding information needed to complete the underwriting file

Requirements

• Interest in continued education and professional development to obtain full underwriting authority
• Technologically savvy and data driven

Qualifications

• Bachelor’s degree or equivalent combination of education and experience
• 2+ years of Underwriting support or industry experience with excess and surplus lines is preferred

Nice to Have

• 2+ years of Underwriting support or industry experience with excess and surplus lines
• Demonstrated proficiency and previous experience in sales and marketing
• Proven organization skills and ability with a strong attention to detail

Benefits