[Hiring] Underwriter, Insurance @HUB International

Role Description

This is a full-time remote role for an Underwriter at New Heights Insurance Solutions, a Division of Specialty Program Group. The Underwriter will be responsible for:

• Analyzing insurance applications
• Determining coverage amounts and premiums
• Evaluating clients' risk levels
• Ensuring compliance with underwriting guidelines

Key Responsibilities

• Risk Assessment: Analyze applications and related documents to assess the risk involved in insuring an individual or entity.
• Policy Evaluation: Review policy terms and conditions, ensuring they align with company standards and regulations.
• Data Analysis: Utilize statistical data and/or risk assessment software to make informed decisions on coverage.
• Communication: Liaise with agents, brokers, and clients to gather information and clarify details about applications.
• Decision Making: Approve, modify, or decline insurance applications based on risk evaluation.
• Documentation: Maintain accurate records of underwriting decisions and rationale for future reference.
• Regulatory Compliance: Ensure compliance with industry regulations and company policies.
• Continuous Education: Stay updated on industry trends, regulations, and changes in underwriting guidelines.
• Collaboration: Work closely with claims adjusters, actuaries, and other professionals to refine risk assessment processes.
• Reporting: Generate reports on underwriting activities and trends for management review.

Qualifications

• Strong analytical and decision-making skills
• Excellent attention to detail and risk assessment abilities
• Knowledge of insurance policies, regulations, and underwriting principles
• Effective communication and interpersonal skills
• Property casualty license
• Relevant certification such as Chartered Property Casualty Underwriter (CPCU) is a plus

Requirements

• High school diploma required; College or Associates degree preferred
• 2-5 years of relevant experience
• No Travel Required

Compensation

The expected salary range for this position is $65,000 to $75,000 and will be impacted by factors such as the successful candidate’s skills, experience, and working location, as well as the specific position’s business line, scope, and level.

• Comprehensive benefit and total compensation packages which could include:
• Health/dental/vision/life/disability insurance
• FSA, HAS, and 401(k) accounts
• Paid-time-off benefits such as vacation, sick, personal, floating holidays, and company holidays
• Eligible annual bonuses, equity, and commissions may be available for some positions

Company Description

New Heights Insurance Solutions, a division of SPG Insurance Solutions, is a growing and successful property and casualty insurance wholesaler and managing general agency based in Doylestown, PA, with remote staff. We sell exclusively to retail and wholesale agencies across the country with a focus on commercial construction risks.