Junior underwriter job description

Beyond is currently seeking a detail oriented, critical thinker who can take initiative and work consultatively with others. This person will work efficiently and effectively to meet contracted turnaround times. We look to our underwriters to be the best in the business, both analytically and in their ability to communicate their findings. Responsibilities include but are not limited to:
What You Will Do

Review, analyze, modify, and make confident decisions and recommendations for merchant applications within delegated level of authority. Reviews and analyzes exposures of risks. Consistently adheres to underwriting letter of authority, guidelines, and company policy. Manage results of book of business and implement underwriting action when applicable. Communicates regularly with Sales to achieve production profit objectives. Identifies the steps that facilitate movement from the problem to the resolution stage. Other duties as assigned.



Educational Requirements


Two years related experience in the Credit Card or Banking industry


Who You Are


Ability to effectively present information. Ability to define problems, collect data, establish facts, and draw valid conclusions. Have high levels of accuracy and detail along with a specific focus on timeliness, productivity, and quality. Able to prioritize and manage multiple tasks. Excellent written and oral communication skills. Hours 10am to 7pm M-F(shift per days may very)



About Us


Beyond strives to simplify operations, reduce costs and streamline payments for small and mid-size business owners across the country. Every customer is provided with the reliable, flexible, and secure business solutions they need in a clear, transparent manner they can trust. We are committed to the highest level of technological innovation, contract terms and customer service-earning our customers' business every day. Every employee is provided with the vital tools, resources and compensation needed to achieve success.

We will deliver results, tell the truth, and make a difference with a determination to transform the business world. Good is not nearly good enough. We go Beyond.

This job description provides many examples of the types of responsibilities required, but is in not intended to be a comprehensive list. The incumbent will complete other job responsibilities as needed which are not specifically described in this document.

Beyond is an equal opportunity employer to all employees and applicants without regard to race, color, religion, sex, national origin, age, disability or genetics. Beyond complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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About the Role:

We have created an exciting entry level opportunity for a property facultative reinsurance junior underwriter. The candidate will work in a fast paced, team environment with the highest caliber professionals in the field. This role will provide the opportunity to be mentored/trained on how to underwrite large national and international property risks across all industry classes including, but not limited to, the tech industry, renewable energy, pharmaceuticals, large real estate portfolios, industrial manufactures, and more, including all Fortune 1000 companies.

This role will enable you to work with mentors to develop the ability to exercise sound underwriting judgment in a collaborative and empowered environment. Supported by our broad tool landscape, you will be encouraged to interact with clients to help resolve their insurance needs in a way that improves our broader facultative portfolio. In this role you will:

* Grow collaborative working relationships with colleagues across product channels and external business partners. These marketing opportunities will allow you to develop and maintain key relationships with our valued business partners.
* Collaborate with colleagues to develop and implement client specific marketing and underwriting strategies. In this role you will have the freedom to interact with clients in a variety of manners that will build/develop unique relationships.
* Coordinate business strategy across a diverse national customer and broker network.
* Improve underwriting and processing efficiencies using existing and future processes and tools.
* Locations: Alpharetta/preferred (Chicago also possible)

About the Team:

You will be a part of the Property Facultative Underwriting Team. This is a high performing and fast paced team spread across North America. This is an exciting opportunity to work with a diverse group of clients in a channel neutral environment. It is a position that will allow an underwriter to grow and expand their knowledge across all industry classes, insurance perils, and product structures. They are supported by state-of-the-art proprietary modeling tools for both fire and natural catastrophe exposures. They work to provide various solutions to a diverse product need.

About You:

We are looking for a candidate pursuing a degree in Risk Management, Accounting, Business, Finance, Economics, Actuarial Science, or other degree with a major that demonstrates robust quantitative fundamentals. The ideal candidate should demonstrate a team and entrepreneurial spirit and possess strong analytical skills. Willingness to learn is key:

* Strong interest in/motivation to learn about insurance/reinsurance
* Exceptional academic performance
* Entrepreneurial/self-starting spirit and ability to work under pressure and meet deadlines
* Team-player, willingness to contribute actively to the overall team spirit
* Ability and enthusiasm to work in a global and multicultural environment
* Aptitude to express him-/herself effectively in one-on-one conversations and small groups
* Mature & self-confident; Able to work with senior colleagues
* Capacity to readily adapt to a changing and dynamic environment
* Proven expertise to work independently and proactively
* Strong analytical and quantitative skills and can focus on details without losing track of the bigger picture
* Excellent oral and written English skills; additional language skills advantageous
* Proficiency in MS Office applications (Excel, PowerPoint, Word)
* Very good communication and interpersonal skills

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

As the COVID-19 pandemic continues to impact the world, it is our responsibility to help keep our employees, customers, partners and communities healthy and safe. SwissRe will require all candidates interviewing in person in Canada to provide evidence of vaccination when arriving at our offices.

Keywords:

Reference Code: 121140

Nearest Major Market: Alpharetta

Nearest Secondary Market: Atlanta

Job Segment: HR, Accounting, Actuarial, Risk Management, Underwriter, Human Resources, Insurance, Finance

What You'll Do

• Supports and demonstrates IMA's core values
• Values and understands the importance of diversity, equity, and inclusion among all IMA associates
• Performs production and underwriting of renewal account business
• Assists with review of account submissions both new and renewal, and performs exposure and loss history reviews
• Underwrites General Liability, Commercial Auto, Workers Compensation, Property, Inland Marine, and Umbrella coverages within limited authority
• Performs renewal account activities to include quotes, binders, endorsements, and policy issuance
• Rates and prices accounts according to exposure and company/state guidelines or requirements
• Adheres to underwriting guidelines and referral compliance
• Completes Loss History analysis and calculation of loss ratios/trends
• Follows compliance with underwriting documentation rules and guidelines
• Consults agent or obtains reports for Underwriter when additional information is necessary
• Maintains established department service and quality standards
• Evaluates standard renewal commercial property/casualty accounts and endorsements, within authority level, by reviewing updated account information, claims experience, risk control surveys, risk acceptability and pricing
• Consults agent for additional information when necessary and pulls third party data into underwriting file as required
• Answers basic underwriting questions from agents and routes risk-involved matters to Underwriter for evaluation
• Reviews final policies for all lines of business and routes to agent
• Maintains and reviews account files to audit standards
• Provides superior customer support
• Works with other support staff in determining workflows and training needs
• Supports Underwriter by reviewing incoming correspondence and applications to determine proper procedural action, and examines information provided in the application and related resources to determine if risk meets established eligibility guidelines
• Aids in the development and maintenance of key broker/agent relationships
• Participates in all internal company training and continuing education
• Attends strategic marketing calls to key brokers

You Should Have:

• 2-3 years of office experience, preferably processing and communication of policies
• Associate Degree or experience equivalent to a degree (Bachelor's Preferred); continuing insurance education desired
• Three to Five years related work experience and/or training or equivalent combination of education and experience required
• Commercial rating experience preferred
• Strong organizational skills required
• Proven successful verbal and written communication skills preferred
• Technical proficiency required
• Completed course work toward a risk management, insurance degree preferred
• Prior work experience in financial services or insurance industry preferred
• Ability to organize, prioritize and manage multiple tasks in a fast-paced environment required
• Intermediate experience with MS Office products required (specifically PowerPoint, Outlook, Word, and Excel)
• Completion of, or working towards AINS, AU, or similar designation required
• This Job Description is not a complete statement of all duties and responsibilities comprising this position.

The IMA Financial Group, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, The IMA Financial Group, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

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Compensation & Benefits Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:

Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Paid Holidays, Sabbatical, Gift Matching, Health Club Reimbursement & Fitness Device (Fitbit), Personal and Professional Development.
Why Join IMA?

We've built a reputation for putting our associates first

What if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It's this unique ownership business model that makes working at IMA so appealing.

We work in teams. We sell in teams. We win and prosper as a team

We provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we're big enough to write business all over the world and small enough to implement your ideas quickly.

We are recognized nationally as a leader in our industry.

• 2020-2022 Business Insurance Magazine Best Places to Work in Insurance
• 2021-2022 Inc. 5000's List of Fastest Growing Companies
• 2022 Kansas City Business Journal's Best Places to Work
• 2021-2022 Los Angeles Business Journal's Best Places to Work
• 2021-2022 Puget Sound Business Journal's Washington's Best Workplaces
• 2021 Wichita Business Journal's Best Places to Work, #1 in extra-large category
• 2021 Denver Business Journal's Best Places to Work
• 2021 Dallas Business Journal's Best Places to Work
• 2021 Utah Business Best Companies to Work for in Utah
• 2021 Alaska Journal of Commerce's Best Workplaces in Alaska
• 2021 Civic 50 Colorado Honoree Recognizing 50 Most Community-Minded Companies
• 2021 Wichita Business Journal's Faste