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K2 Insurance Services logo

Underwriter - FirePlus - Remote

K2 Insurance Services
Posted 1 weeks ago
🇺🇸United States🏠Remote💰$60.0K–$75.0K📁Finance
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Salary Range: $60,000.00 To $75,000.00 Annually Allied Public Risk, LLC, an exclusive underwriting manager of customized insurance products for public entities. Allied Public Risk offers competitive compensation and benefits and the opportunity to join an established organization in growth mode. Benefits include medical, dental, and vision insurance with no waiting period, paid time-off in year of hire, 401(k) with generous employer match. Works with FirePlus Underwriters to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets; Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined; Ability to analyze loss runs and calculate loss ratios. This skill set needs to be used when underwriting and quoting new business and renewals; Will prepare referrals on accounts outside of their authority and send to FirePlus - Vice President for review and approval for release or submission to Company; Achieve new business hit ratio and retention goals; Assist in technical training to new underwriting team members to ensure that all risks conform to APR underwriting guidelines and file documentation requirements; Coordinate with UW Support to issue error free policies and endorsements. Review and analyze complex policies. Participate in new business development in accordance with the Program’s business plan; Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances; Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills; Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities; Work toward becoming a subject matter expert regarding primary public entity coverage and emerging issues in the public entity segment. Qualifications: Excellent written, verbal, and interpersonal skills; Strong analytical skills; Solid computer skills and ability to independently use Microsoft Office Products (Word, Excel, etc.); Strong negotiation skills combined with the ability to close new business opportunities; Flexibility for extensive work hours during the peak business periods of April 1 st thru July 15 th , and October 1 st thru December 15 th ; Flexibility for 0%-10% business travel. Experience / Education: Bachelor’s Degree, in Business, a related field, or equivalent education required; CPCU or ARM designation preferred; 5 or more years insurance underwriting experience required, with some experience in Public Entity related segment.

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