[Hiring] Underwriting Specialist @Brown & Brown Insurance

Role Description

As an Underwriting Specialist at Oxford Risk Management Group, you will be required to execute critical thinking and should have strong communication skills, a high level of organization, the ability to multitask often, and be able to consistently provide world-class customer service to our clients. The Underwriting Specialist must be creative and enjoy working within a small, entrepreneurial environment that is mission-driven, results-driven, and community oriented. The ideal candidate will have extensive knowledge of Property & Casualty insurance programs, including Commercial Property, Auto, General Liability, and GAP Coverage, and the ability to exercise good judgment in a variety of situations.

• Analyze Property & Casualty insurance policies for completion and to identify gaps in coverage.
• Analyze loss runs and claims history and propose appropriate underwriting terms, conditions, and risk mitigation recommendations.
• Complete commercial policy intake forms and gather underwriting information related to P&C exposures.
• Conduct underwriting calls with clients to discuss uninsured or underinsured risks and obtain appropriate data for actuarial pricing.
• Review policy renewal information, develop and underwrite a renewal position, and provide a quote summary with supporting documentation.
• Submit case files for risk analysis reporting and actuarial pricing.
• Review large amounts of information and raw data for accuracy and completeness.
• Evaluate client exposures and recommend appropriate coverage enhancements.
• Send underwriting documents to clients to support suggested eligible coverages.
• Explain definitions and applications of Oxford’s various lines of coverage.
• Review and coordinate with the Claims Department for underwriting sign-off and claims trend analysis.
• Maintain knowledge of industry trends, underwriting guidelines, regulatory requirements, and emerging risks.

Qualifications

• Bachelor’s degree required.
• 5+ years of underwriting experience required.
• 2+ years of experience reviewing and underwriting Property & Casualty insurance policies required.
• P&C license or industry designation preferred.
• Strong Property & Casualty background reviewing policies to ensure complete files.
• Knowledge of underwriting principles related to Commercial Property, Commercial Auto, General Liability, Umbrella/Excess Liability, and GAP Coverage products.
• Experience analyzing loss runs, claims trends, exposure data, and renewal information.
• Demonstrated proactive approaches to problem-solving with strong decision-making capabilities.
• Highly resourceful team player, with the ability to also be extremely effective independently.
• Captive insurance experience is preferred.

Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.