Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Underwriter I - (Kg12117)

Expired Job

Reliance Standard Philadelphia , PA 19107

Posted 5 months ago

Job Summary:

Reviews and evaluates all assigned risks in the Group lines of business. Independently accepts, modifies, or rejects risks of a routine nature. Determines coverage amounts, premium rates and experience rates on prospective risks, new business submissions, amendments to in-force plans and renewals exercising judgment consistent with established Company, department and supervisory guidelines, manuals and rules.

Duties and Responsibilities:

Within the delegated underwriting authority (up to $250,000 in annual premium), independently performs such underwriting functions as reviewing requests for quotation on new cases, determining premium rates, developing benefit schedules and coverage amounts, underwriting new business submissions, reviewing requests for amendments to in-force plans and developing renewal decisions for risks in accordance with established Group Underwriting Manuals and guidelines.
Independently exercises judgment based on the evaluation of collected case data for the acceptance, modification, or rejection of group underwriting requests on risks within the delegated underwriting authority.
Negotiates with RSO personnel, brokers, and clients to balance their needs within the guidelines of the Group Underwriting department.
Submits for supervisory review and approval all decisions based on the evaluation of collected case data, for acceptance, modification, or rejection of group underwriting requests on risks not within the delegated underwriting authority.
Maintains accurate and adequate file documentation of all underwriting decisions, forms, or correspondence as determined by Company policy or supervisory discretion.
Assists in the coordination of information between all operational areas of the Company for the purpose of installing and/or maintaining a successful Group Insurance Program.
Actively strives to acquire additional group insurance knowledge and develop those analytical skills necessary to foster sound underwriting decisions.
Utilizes the Premium Billing System, PACS, DataMart, FileNet(Imaging), Varicent and other data processing systems as required by department needs.
All other duties as assigned.

Education, Qualifications and Experience:

Bachelors Degree required.
Minimum of 1 to 3 years previous relevant underwriting experience required.
Working knowledge of group products for all lines of coverage.
Effective verbal and written communication skills.
Ability to make decisions with management oversight concerning the acceptability of Group Risks.
Strong mathematical skills and analytical skills.
Excellent organizational skills with the ability to perform detailed and diversified duties including prioritization of high volume/deadline workload.
High level of customer service orientation.
Ability to research and solve problems with management oversight.
Knowledge of personal computer required including Word, Excel, and Windows.


upload resume icon
See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Credit Underwriter II

Bank Of America Corporation

Posted 1 week ago

VIEW JOBS 1/5/2019 12:00:00 AM 2019-04-05T00:00 Job Description: Commercial Credit Underwriter II or I Responsibilities: The Commercial Credit Underwriter is responsible for underwriting and structuring of straightforward and complex credit transactions with minimal oversight from the CO (Credit Officer)/CCM (Commercial Credit Manager). The Underwriter approves credit transactions with some coaching from the CO/CCM based on approval grid. The Underwriter leads the credit approval process with assistance from the CO/CCM as needed for clients with straight forward credit needs and is an active participant with the CO in credit approval process for complex clients/transactions. Underwriter leads documentation and closing for straightforward credit transactions and has an active role with the CO in documentation and closing for complex transactions. They deliver financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The Underwriter provides ongoing coaching and support to other Credit team members. They report to the Commercial Credit Manager and partner closely with Credit Officers and Analysts. * Can be hired as a Commercial Credit Underwriter II or I depending on candidate experience* Required Skills: * BS/BA degree * 5+ years of solid experience in financial analysis, structuring, underwriting and portfolio management in Commercial Banking * Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring Posting Date: 01/04/2019 Location: Philadelphia, PA, FOUR PENN CENTER, 1600 JFK BLVD, Blue Bell, PA, 4 SENTRY PKWY (PA7504), - United States Travel: No Full / Part-time: Full time Hours Per Week: 40 Shift: 1st shift Bank Of America Corporation Philadelphia PA

Underwriter I - (Kg12117)

Expired Job

Reliance Standard