Underwriter, Boston Job at Jimcor Agency Inc., Hopkinton, MA

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  • Jimcor Agency Inc.
  • Hopkinton, MA

Job Description

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.
We offer a total compensation package which includes salary plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance,  Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More. 

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Job Tags

Holiday work, Full time,

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