Underwriter Lead - Multiline

Alliance HCM
Any Location, PA
Category Finance
Job Description
Responsible for reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Retail Producers and Account Managers as needed. Markets to carrier to obtain quotes, negotiate pricing, define coverage's, and determine commissions.

Requirements

  • Evaluates new and renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth;
  • Manages preparation of program renewal specifications and distribution to markets;
  • Participates in all appropriate committees as recognized in managed programs;
  • Works with program’s insurance/reinsurance markets to formalize and implement annual business plan;
  • Manages renewal expiration lists and creates timelines for renewals;
  • Reviews policies and endorsements to identify errors or omissions to ensure agreement with binding order; reviews for discrepancies with application, quote, proposal, and/or binder;
  • Orders necessary reports such as credit, location, motor vehicle, and/or inspection reports, as well as building cost estimates;
  • Analyzes inspection reports to accept or reject new business;
  • Coordinates the preparation of policy delivery with all related documents;
  • Issues policies and endorsements; binds coverage and coordinates binders/evidences;
  • Technical expert assisting management, staff, producers, carriers and account managers with resolving complex issues;
  • Coordinates the preparation and distribution of management reports;
  • Maintains and manages coverage bordereaux;
  • Manages and delegates work to underwriters, assistant underwriters and administrative staff; monitors to ensure timely and accurate completion;
  • Maintains updated logs; submissions, written or lost business;
  • Maintains files, historical data and client suspense; conducts follow-ups as appropriate;
  • Coordinates underwriting audits;
  • Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
  • Other duties as assigned.
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