5,521 Underwriter jobs in the United States

REPORTING RELATIONSHIPS: This position reports to the Underwriting Manager.

DUTIES AND RESPONSIBILITIES:

* Review new business submissions and make pricing recommendations in accordance with internal strategy and department goals

* Utilize analytical skills, problem-solving and critical thinking to reach business decisions

* Mentor less experienced team members and develop training materials for internal stakeholders

* Collaborate with external partners including carrier representatives

* Communicate and build relationships with insurance and benefits department team members

* Review and update benefit plan documents and procedures to ensure they align with current regulations

* Regulatory Updates for federal, state and local laws and regulations related to client benefits.

* Maintain accurate and up-to-date records of the client benefits products, ensuring compliance with data retention and privacy requirements

* Provide guidance and training to employees and managers supporting client benefits products to ensure compliant procedures, adequate training and record-keeping requirements.

* Prepare and submit timely reports to regulatory agencies and participate in any audits that occur both internally and outside of BBSI.

* Identify and address compliance issues, working with relevant departments to implement corrective actions.

* Complete assigned workflow in a timely and accurate manner

CORE TRAITS/COMPETENCIES:

* Advanced knowledge of health-care industry, benefit design, and underwriting strategies

* Excellent critical thinking and analytical skills

* Advanced communication, ability to simplify complex concepts

* Flexibility and organizational skills, able to prioritize workload as needed based on volume

* Strong interpersonal skills, can thrive as an individual contributor and in a team setting

QUALIFICATIONS:

* Bachelor's degree required in Business, Accounting, Finance, or related field preferred

* 5+ years of health insurance underwriting experience required

* Ability to collect, reconcile, analyze, and summarize data at an advanced level

* Exceptional attention to detail and an ability to produce accurate outputs

* Strong written and verbal communication skills

* Broad range of skills with technology including Microsoft Office Suite and Excel

Salary and Other Compensation :

The starting hourly rate for this position is between 80-95K per year. Factors which may affect starting pay within this range may include geography, skills, education, experience, certifications, and other qualifications of the candidate.

This position is also eligible for annual incentive pay equal to 8% of annual regular pay, prorated in the first year, in accordance with the terms of the Company's plan.

Benefits : The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, health savings account, flexible savings account, dental insurance, vision insurance, 401(k) retirement plan, accidental death and dismemberment, life insurance, voluntary life insurance, voluntary disability insurance, voluntary accident, voluntary critical care, voluntary hospital indemnity, legal, identity & fraud protection, commuter benefits, pet insurance, employee stock purchase program, and an employee assistance program.

Paid Time Off : Accrued sick leave of 1 hour for every 40 hours of work, with maximum based on state or regional requirements; vacation accrues up to 80 hours in the first year, up to 120 hours in years 2-4, and up to 160 hours in the fifth year; 6 paid holidays annually, 4 paid volunteer days annually.

Diversity and Inclusion are critical parts of our corporate culture. BBSI strives to create a workplace where everyone feels included and empowered to bring their full, authentic selves to work, and is treated fairly. BBSI is an equal opportunity employer and makes employment decisions on the basis of merit.

If you meet the above requirements, we welcome the opportunity to learn more about you. For more information, visit us at www. bbsi.com Please apply via this posting and not by contacting our local or corporate offices.

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• Review and analyze insurance applications for accuracy, completeness, and compliance with company guidelines.
• Assess risks associated with insurance policies, considering factors such as applicant history, demographics, and industry trends.
• Determine appropriate coverage limits, deductibles, and premium rates based on risk assessment.
• Communicate underwriting decisions and rationale to agents, brokers, and policyholders.
• Interpret policy terms and conditions, ensuring they meet regulatory requirements and company standards.
• Maintain up-to-date knowledge of insurance products, market conditions, and underwriting best practices.
• Collaborate with claims adjusters and other departments to resolve complex underwriting issues.
• Develop and maintain positive relationships with agents and brokers to ensure efficient workflow.
• Utilize underwriting software and tools to process applications and manage risk.
• Identify opportunities to improve underwriting processes and efficiency.

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.
• Minimum of 3 years of experience in insurance underwriting, preferably in (specific line of insurance, e.g., Commercial Property, General Liability).
• Strong analytical and quantitative skills with the ability to interpret complex data.
• Proficiency in underwriting principles and practices.
• Excellent written and verbal communication skills.
• Detail-oriented with strong organizational and time management abilities.
• Proficiency in Microsoft Office Suite and familiarity with insurance underwriting software.
• Ability to work independently and as part of a collaborative team in a hybrid work environment.
• Relevant professional designations (e.g., CPCU, AU) are a strong asset.
• Sound judgment and decision-making skills.

• Analyze insurance applications and supporting documentation to assess risk.
• Determine eligibility for coverage based on company guidelines and risk appetite.
• Calculate premiums and set terms and conditions for insurance policies.
• Develop and maintain strong relationships with agents and brokers.
• Review and interpret actuarial data and market trends.
• Ensure compliance with all relevant insurance regulations and company policies.
• Provide exceptional service to internal stakeholders and external partners.
• Identify and evaluate potential exposures to loss.
• Make independent decisions regarding policy acceptance, rejection, or modification.
• Renew existing policies, reassessing risk and adjusting terms as necessary.
• Collaborate with claims adjusters and loss control specialists.
• Stay updated on industry changes, new products, and emerging risks.
• Contribute to the development of underwriting guidelines and best practices.
• Achieve production and profitability goals for assigned territories or lines of business.
• Effectively communicate underwriting decisions and rationale.

• Proven experience as an Insurance Underwriter, preferably in (specific insurance line, e.g., Property, Casualty, Life).
• In-depth knowledge of insurance principles, practices, and regulations.
• Strong analytical and critical thinking skills.
• Excellent decision-making abilities with a focus on risk assessment.
• Proficiency in underwriting software and relevant IT systems.
• Strong communication and interpersonal skills for effective client and broker interaction.
• Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
• Professional designations such as CPCU, AU, or ARM are highly preferred.
• Ability to work independently and manage a caseload in a remote environment.
• High level of integrity and attention to detail.
• Understanding of financial statements and their implications for risk assessment.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 4 years of experience in insurance underwriting.
• Proven ability to analyze risk and make sound underwriting decisions.
• Strong understanding of insurance products, regulations, and market trends.
• Excellent analytical, mathematical, and problem-solving skills.
• Proficiency in underwriting software and MS Office Suite.
• Strong communication and interpersonal skills.
• Ability to work effectively both independently and as part of a team.
• Underwriting certifications (e.g., CPCU, AU) are a plus.

• Evaluate insurance applications to assess risk and determine insurability.
• Analyze financial data, credit reports, and other relevant information for risk assessment.
• Determine appropriate policy terms, conditions, coverage limits, and premiums.
• Ensure compliance with company underwriting guidelines and regulatory requirements.
• Communicate underwriting decisions and rationale to agents, brokers, and policyholders.
• Identify and mitigate potential risks and fraudulent activities.
• Maintain accurate records of underwriting decisions and policy information.
• Collaborate with claims and actuarial departments to refine underwriting strategies.
• Stay updated on industry trends, market conditions, and regulatory changes.

• Bachelor's degree in Finance, Business, Economics, or a related field.
• Minimum 3 years of experience in insurance underwriting.
• Strong analytical, quantitative, and decision-making skills.
• Proficiency with underwriting software and insurance industry knowledge.
• Excellent communication, negotiation, and interpersonal skills.
• Detail-oriented with strong organizational abilities.
• Ability to work effectively in a hybrid work environment.
• Pursuit of professional designations (e.g., CPCU) is a plus.