Underwriting Analyst

Posted 5 Days Ago
Hiring Remotely in Texas
Remote
Entry level
Insurance
The Role
The Underwriting Analyst will organize and coordinate servicing of new and renewal accounts, prepare and model business as directed by an Underwriter, review policies, manage underwriting files, and maintain account files, ensuring compliance with company procedures and providing quality service to clients.
Summary Generated by Built In

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

Organize and coordinate the servicing of new and renewal accounts according to Company guidelines and instructions from assigned Underwriter. Provide high quality professional service to Companies.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Enter New Submissions in the clearance system and handle according to established procedures.
2. Prepare and model new and renewal business as directed and supervised by an Underwriter.
3. Review policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes, as needed.
4. Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).
5. Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and Company guidelines.
6. Produce cancellation and non-renewal notices according to statutory and contractual requirements under the direction of assigned Underwriter.
7. Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.
8. Maintain pending/suspense system per established procedures.
9. Maintain account files in accordance with company policy.
10. Perform other duties as assigned.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. College degree with a concentration in business or equivalent work experience
2. Able to understand and analyze necessary components of insurance policies/certificates
3. Strong knowledge of underwriting processes, including classification principles, rating, contract administration, proposal/new business/renewal issuance and property valuations
4. Knowledge of commercial multi-line underwriting and rating
5. Ability to use company automation systems
6. Ability to develop, foster and maintain an excellent working relationship with clients
7. Ability to work in a team environment
8. Ability to maintain current knowledge of the insurance industry
9. Good written and verbal skills
10. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
11. Ability to travel, occasionally overnight
Preferred Qualifications:
1. Insurance experience
2. State-specific insurance license
3. Ability to work extended hours, when necessary

General Description of Available Benefits for Eligible Employees of TIH Insurance: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH's generous benefit plans, please visit our site. Depending on the position and division, this job may also be eligible for TIH’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

CRC supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC is a Drug Free Workplace.

EEO is the Law   Pay Transparency Nondiscrimination Provision   E-Verify

Top Skills

Automation Systems
Insurance Policies
MS Office
Underwriting Processes
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The Company
HQ: Birmingham, Alabama
2,066 Employees
On-site Workplace
Year Founded: 1982

What We Do

CRC Group is one of the largest wholesale insurance distributors in the U.S.

CRC Group consists of three divisions, Commercial Solutions, Group & Individual Solutions, and Specialty Programs. The CRC Group family of brands includes CRC, TAPCO, Insurisk, CRC Programs, 5Star, The ABC Program, Negley, Professional Insurance Concepts, Pro-Praxis, SHU, Target, JH Blades, CRC Voluntary Benefits, Ethos Underwriting Services, and Hanleigh.

CRC Group’s insurance offerings and practice groups range from commercial property, casualty, professional lines, small business, transportation, environmental, construction, energy, healthcare, hospitality, manufacturing & distribution, public entity, and real estate, to personal lines, disability, voluntary benefits, and more.

CRC Group has the largest collection of actionable data in the wholesale business and we are putting it to use to consistently deliver better outcomes and more efficient results for our clients. We leverage data to provide a better client experience through limits benchmarking reports, amendatory endorsements, comparison tools, form review library, and property risk assessment reports. We have unveiled the REDY platform, which uses data and analytics to help clients win. In addition, we offer products exclusively available from CRC Group through our Insurisk brand. Our Claims Advocacy team is another way we strive to enhance the client experience, our dedicated team is ready to assist even after the policy is placed, we are here to help in the event of a difficult claim, as well.

These are just some of the ways CRC Group is placing you first.

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