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Property and Casualty Underwriting Associate

Property and Casualty Underwriting Associate

CompanyRyan Specialty
LocationTexas, USA, Denver, CO, USA
Salary$68200 – $85000
TypeFull-Time
DegreesBachelor’s
Experience LevelEntry Level/New Grad, Junior

Requirements

  • Bachelor’s degree in Risk Management, Actuarial or Business Administration required
  • 6 Months to 1 year of experience in Property and Casualty Underwriting
  • Must meet minimum requirements for state P&C and/or surplus line licenses
  • Chartered Property Casualty Underwriter (CPCU) is a plus

Responsibilities

  • Evaluates and maintains existing policy information to ensure data is current, accurate, and appropriately priced for renewal.
  • Responds to client requests and questions, offering information and advice regarding the insurance products & underwriting appetite.
  • Communicates with clients to gather necessary information, resolves inquiries, and ensures a smooth underwriting process.
  • Prepares and organizes documentation related to underwriting submissions and policy issuance.
  • Assesses risks associated with individual insurance applications, considering both standard and substandard criteria.
  • Provides support in premium calculations, ensuring accurate application of rates based on underwriting guidelines.
  • Builds and maintains reports on underwriting activities, key performance indicators, and relevant metrics.
  • Conducts internal and external audits by providing necessary documentation and information related to underwriting activities.
  • Ensures adherence to company policies, guidelines, industry regulations, and compliance standards in underwriting activities.
  • Collaborates with underwriting teams to relay information, coordinate tasks, and contribute to the overall underwriting process.
  • Serves as the key point of contact for customers and agents and delivers excellent customer service by addressing inquiries, resolving issues, and ensuring a positive experience for them.

Preferred Qualifications

  • Chartered Property Casualty Underwriter (CPCU) is a plus