Integrated Specialty Coverages - ISC

Integrated Specialty Coverages (ISC) provides specialized insurance solutions across various industries to improve client service, achieve underwriting excellen

Senior Underwriter – Workers Comp

Location

United States

Posted

4 days ago

Salary

$101K - $127K / year

Seniority

Senior

Bachelor Degree5 yrs expExperience acceptedEnglish

Job Description

Senior Underwriter – Workers Comp

Integrated Specialty Coverages - ISC

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals. Use level of authority to accept, reject, or mitigate risk for applications. • Approve or decline insurance applications within certain limits and issue coverage and prepare referral submission for risks exceeding individual authority. • Review and analyze risk characteristics on insurance applications, renewals, and change requests. • Ensure that underwriting activities comply with all industry and government regulations. • Documentation of Underwriting files including risk analysis and pricing justification in accordance with established underwriting standards. • Offer recommendations to clients on insurance applications to reduce exposure to excessive risk. • Utilize underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. • Cultivate relationships with assigned producers to achieve production goals. • Collaborate closely with the underwriting team to finalize insurance applications efficiently. • Utilize multiple databases to gather and verify supplementary data for submissions and leverage specialized software to compare risks ensuring accurate policy pricing. • Respond to customer needs, providing guidance and assistance tailored to their insurance needs. • Process accounts from approved quotes through to policy issuance with accuracy and efficiency. • Recommend ideas for program development and process improvement. • Assist in the development of the Underwriting team through sharing knowledge and market intelligence, collaboration, and mentoring relationships.

Job Requirements

  • Bachelor’s degree required or 10+ years of related experience
  • Minimum 5 years of Workers Compensation underwriting or related insurance experience required
  • Experience underwriting risk for the following classes: construction, hospitality, real estate, manufacturing
  • CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus
  • Strong customer service experience
  • Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software
  • Ability to work collaboratively with team members and other departments
  • Strong desire to learn, explore new ideas, and seeking out new knowledge
  • Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities

Benefits

  • Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows
  • Professional development opportunities
  • Owner Referral Program
  • Work from home reimbursement for remote/hybrid roles
  • Canary emergency financial assistance program
  • Comprehensive medical, dental, vision
  • Life/AD&D Insurance
  • Confidential, Employee Assistance Program
  • Health Savings Account, includes company contribution
  • Short-term disability
  • Voluntary benefits - supplemental accident, critical illness, hospital insurance
  • Employee discounts
  • 401(k) Plan with company match contribution
  • Addition Wealth Financial Wellness Program
  • Various Time Off Programs
  • 11 company paid holidays

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