AI Underwriting Specialist – Middle & Large Commercial
Company | Hartford Financial Services |
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Location | Chicago, IL, USA, Charlotte, NC, USA, Hartford, CT, USA |
Salary | $100000 – $150000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior |
Requirements
- Creative and “out of the box” thinking is a must.
- Passion for AI and technology, generative AI capabilities with a willingness to stay current on external dynamics.
- Underwriting acumen and discipline, technical knowledge, and a firm understanding of our E2E underwriting process is essential.
- Understanding of and ability to work in an Agile environment
- 5+ years Commercial P&C insurance industry underwriting or related experience
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Willingness to give and receive feedback to all levels within the organization
- Ability to work quickly within a startup like environment
- Ability to work collaboratively in a team environment.
- Bachelor’s degree required.
Responsibilities
- Stay updated on AI/Gen AI advancements and their applications in insurance.
- Assist in developing AI-guided underwriting processes and frameworks.
- Collaborate with Agile Project Management teams to enable first-to-market underwriting technology solutions.
- Create detailed business requirements and user stories to guide the development and implementation of AI-driven underwriting tools.
- Conduct thorough analysis and documentation of current underwriting processes to identify areas for AI integration and improvement.
- Provide technical support and expertise to ensure the successful deployment and adoption of AI underwriting solutions.
- Assist our technology partners and vendors to write prompts (underwriting questions) to achieve desirable outcomes.
- AI output reviews, proving detailed feedback.
- The ability to work closely with subject matter experts to understand, in detail, their underwriting process.
- Ability to prepare account files for AI systems to review.
- Writing / rewriting underwriting guidelines with support from the subject matter experts to improve the grounded truth given to the AI models.
- A willingness to stay close to the line of business and business units that we are studying to gain personal expertise.
- Contribute to data strategy initiatives to unlock efficiency in underwriting.
- Support product development efforts by understanding coverage implications of emerging technologies.
- Gather and analyze customer and distribution insights to inform underwriting solutions.
- Ensure compliance and regulatory risks are considered in all AI initiatives.
- Work closely with IT, data science, and other departments to implement AI solutions.
Preferred Qualifications
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No preferred qualifications provided.