Underwriter, Albany

Job Summary:

This position is involved in the review and appraisal of applications for  insurance  placement . Uses knowledge and independent judgment to determine eligibility of risks when compared to guidelines of programs available. Interacts with Companies and Brokers via telephone, e-mail, regular mail and personal contact.

Essential Duties and Responsibilities:

• Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available
• Evaluate the experience of a risk against the class of business under review
• Evaluate the loss potential due to catastrophe, severity, and/or frequency
• May rate policies or check previously rated policies for proper rating
• Utilizes knowledge of automated systems to develop information for new or renewal policies
• Prepares quotations for agents and answers questions from agents, policyholder, or prospects
• Assists agents with comments or questions about applications and the likelihood of acceptance by the company
• Reviews requests for cancellation, endorsements, etc
• Reviews policies for renewal consideration
• Request additional documentation necessary for the processing of an application, endorsement or cancellation
• Conduct marketing visits to agents. 
• Performs other duties as assigned

Qualifications/Requirements:

• Must have Producer’s License
• 3 plus years of insurance experience
• Prior exposure to insurance underwriting type activities
• Basic familiarity with computers
• Good oral and written communications skills
• Strong analytical skills and the ability to pay attention to details
• Resourceful and controlled assertive behavior characteristics
• Must have demonstrated negotiation skills
• Technical knowledge of insurance coverage forms and their application to exposure
• Knowledge of departmental regulations and policies
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices
• Strong interpersonal skills working with Staff and Company Underwriters
• Experience in standard underwriting practices and procedures
• Associated classes or courses and/or industry license, or designation