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Underwriter Lead - Multiline
Alliance HCM
Any Location, PA
Category
Finance
Apply for Job
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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