Production Underwriter

Brown & Brown Insurance

About The Position

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Bridge Specialty Group is seeking a Production Underwriter to join our growing team in Seattle, WA! The Production Underwriter reviews insurance applications to evaluate, classify, and rate individuals and groups for insurance and accepts or rejects applications by performing the following duties.

Requirements

CIC or CPCU candidate, thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms i.e. coverages, exclusions, conditions and terms
P&C State license and E&S license
Bachelor’s degree (B. A.) from four-year College or university is desired or five years insurance experience, two years of which is as an underwriting assistant
Proficient with MS Office Suite and paperless environment
Exceptional telephone demeanor
Experience with excess and surplus lines underwriting agency or company
This position requires routine or periodic travel which may require the team member to drive their own vehicle or a rental vehicle
Acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are a requirement of this position

Responsibilities

Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property
Reviews company records to determine amount of insurance in force on single risk or group of closely related risks, and evaluates possibility of losses due to catastrophe or excessive insurance
Underwrite or broker risks, ensuring that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws.
Secure payments on risks bound or written
Review, analyze and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies
Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business
Understand and extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; be responsible for your underwriting results
See that coding on specific required forms is completed and utilized
Service and perpetuate existing business, produce new business, and have a keen awareness of priorities
Instruct and train processors and assistants, review indications, quotes, binders, submissions and policies for completeness and accuracy
Provide guidance and training to the processors and assistants, to enable them to reduce the underwriter's clerical workload, and to develop basic underwriting and brokering skills and techniques
Foster and improve relationships with other departments, producers, companies and competitors