Underwriter

Norcross, GA 30093

Posted: 03/16/2022 Industry: Finance Job Number: 1998510 Pay Rate: $22.00/hour

Job Description

Job Description:

The Underwriter will work with Processors and the CDF team, review processed applications, assess eligibility and if eligible, determine the amount of assistance to be provided.


Job Responsibilities:

  • Collect appropriate and accurate information required to assess potential clients and decide on the acceptable risk for a policy.
  • Review policy applications based on the previous loss records, age, medical report, credit ratings and driving records.
  • Prepare reports that detail risk assessment findings that contribute to the final decision.
  • Compare various policies having similar risk undertaking and conduct actuarial studies to decide on the company s loss records.
  • Evaluate policies with regards to the company s underwriting standards.
  • Make a decision to accept, modify or reject an insurance application after scrutiny of all the required documents and studies regarding the risk involved.
  • Analyze statistical data using specialized computer programs.
  • Write quotes, determine premiums and coverage, and negotiate terms with brokers and clients.
  • Carefully select the wording of policies, and prepare the terms and conditions.
  • Handle queries from credit control departments, brokers and clients.

Job Requirements:

  • Degree in Finance or Business Administration.
  • Two years of experience as an Underwriter.
  • Analytical thinker with research proficiencies.
  • Ability to use reasonable and sound judgment.
  • Strong problem-solving and decision-making skills.
  • Thorough knowledge of databases and tracking systems.
  • Solid organizational skills and detail oriented.
  • Ability to work under pressure and meet strict deadlines.
  • Strong interpersonal and negotiation skills.
  • Brilliant IT, math and statistical skills.
  • Deep knowledge of underwriting regulations.
  • Ability to build positive relationships and partnerships with clients, brokers and key role-players.
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