Underwriter jobs in Indiana - 61 jobs

Middle Market Underwriter - Multiline
Encova Insurance
Underwriter job in Indianapolis, IN
The salary range for this job posting is $69,152.00 - $123,921.00 annually + bonus + benefits. Pay Type: Salary The above represents the full salary range for this job requisition. Ultimately, in determining your pay and job title, we'll consider your location, education, experience, and other job-related factors, and will fall within the stated range. Your recruiter can share more information about the specific salary range during the hiring process. Ideal candidates will reside in Kentucky, Indiana or Ohio and have underwriting experience with Package Lines and Workers' Compensation. We will also consider candidates who live in any of our listed payroll approved states that have the necessary underwriting experience. This role will underwrite accounts averaging between $35k - $75k. We may hire a senior level depending on candidate qualifications. (Compensation shown is inclusive of the non-senior and senior level) This role will report to a Regional Vice President, Commercial Lines. Are you a Referral? If you know a current Encova Insurance associate and would like to apply as a referral, please encourage them to submit your referral information before you submit your application. You will receive an email with a direct URL link to the Job Posting of interest. Applying through this URL link will create your referral relationship for our Talent Acquisition Team. Unique residence requirements are listed in each job posting, please review closely for details. Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Our current footprint includes: Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin. JOB OBJECTIVE: The middle market underwriter reviews risks, determines acceptability, and successfully writes profitable business accounts. Within designated authority, reviews insurance applications to evaluate, classify and rate each risk to determine acceptability, coverage and pricing. Responsible for the financial performance of the assigned book of business and is expected to achieve profitable retention and new business growth. Focused on taking action to achieve results that positively impact sales and profitability while ensuring excellent customer service and timely responsiveness to independent agents for their commercial lines accounts. ESSENTIAL FUNCTIONS: 1. Determine the acceptability, quality, pricing, profitability and opportunity for new and existing business. 2. Complete thorough risk analysis on designated accounts using appropriate Encova, NCCI, ISO and industry rules, policies, procedures, and guidelines, etc. 3. Identify, create and initiate new business opportunities within current book of business and assigned agencies. 4. Gather and analyze information necessary to make an accurate evaluation of risk. 5. Accept or reject commercial lines accounts that fall outside of straight through processing rules through exposure identification and risk analysis, including: * understanding all exposures that might cause a policy to incur losses; * conservatively assessing the likelihood of any exposure actually causing a loss and the probable cost if it does; * setting a premium that, on average, would deliver a profit after both prospective loss costs and operating expenses are covered; * be willing to walk away if the appropriate premium cannot be obtained. 6. Apply discretionary pricing appropriately based on risk exposures, risk quality, loss potential, pricing model indications and your letter of authority. 7. Determine acceptability of revision requests that fall outside straight through processing rules and communicate how the revision will be handled to the Associate Underwriter. 8. Communicate all underwriting decisions or changes on coverage, limits, exposures and/or pricing, discussing alternatives with assigned agents as needed. 9. Promote effective agency relationships and encourage continued use of our company products and technology. 10. Provide support to appointed agents by serving as a resource for underwriting questions. 11. Utilizes Encova systems to transact requests and endorsements. 12. Utilize available resources including company underwriting guidelines, business unit strategies, and consultations with others to ensure adequate understanding of risk exposures. 13. Prepare proposals to producers, including negotiation of terms and conditions. 14. Ensure the proper issuance of policies, certificates, filings and notifications. 15. Seek the guidance of management on risks exceeding assigned authority levels. 16. Effectively utilize industry rules and guidance to ensure proper policy construction. 17. Identify underwriting issues; recommend and develop plans for problem resolution and implement them where appropriate. 18. Manage existing and prospective accounts by actively participating in account renewals, new business presentations as needed and discussion with agents. 19. Participate in monitoring and analyzing growth and profitability of assigned agents; initiate actions and understand downstream impact of alternatives. 20. Mentor entry-level underwriters and trainees to achieve profitable retention, growth and customer service standards. 21. Serve as a resource for other team members and units. OTHER FUNCTIONS: 1. Maintain an awareness of the current objectives and initiatives of Encova Insurance. 2. Maintain an understanding of all products offered by Encova Insurance and be able to guide agents to the appropriate contact for needs outside of commercial lines. 3. Travel to various locations to support business objectives when necessary. 4. Perform other duties as assigned. KNOWLEDGE, SKILLS AND ABILITIES: * Minimum 2 years of commercial lines underwriting experience in package lines and/or worker's compensation in the Property and Casualty insurance market strongly preferred. * Bachelor's degree preferred, demonstrated significant underwriting experience may substitute. * Interpersonal skills are required including the ability to demonstrate professionalism, adaptability, accountability, collaboration and problem solving. * Insurance designations or insurance education course work (i.e. AINS-Associate in General Insurance) strongly preferred. * Critical thinking: Ability to assess an individual situation and select applicable rules from an array of options, resulting in the most appropriate and sustainable decision. * Strong oral and written communication skills. * Knowledge of underwriting laws and rules and their application. * Knowledge of policy and procedures regarding risk administration and risk management, underwriting and loss control. * Knowledge of the insurance industry and the business environment in which it operates in order to develop an effective business strategy and remain technically current. * Thorough understanding of business exposure calculations, classifications, experience rating or other plan modifications. * Ability to develop and implement account, territorial, producer and book strategies to acquire and retain business. * Ability to work effectively in a team environment. * Ability to use logic and reasoning to identify strengths and weaknesses of alternative solutions, conclusions or approaches to problems. * Ability to identify complex problems and review related information to develop and evaluate options and implement solutions. * Ability to make sound decisions after considering all facts, potential risks, customer needs and alternative solutions. * Ability to initiate and build relationships and tailor services to meet customer needs. * Ability to present ideas and information to individuals and groups in a clear, concise, influential, organized and diplomatic manner and address concerns or needs. * Ability to adjust priorities based on changing situations. * Ability to effectively manage multiple assignments while meeting established guidelines. * Proficient in Excel. This position has been evaluated in accordance with the Americans with Disabilities Act. Encova Insurance makes every effort to reasonably accommodate disabilities to permit performance of the essential functions and candidates who need such accommodation are encouraged to seek it. This description reflects the nature and level of work performed by associates in this position. It is not an all-inclusive inventory of duties, responsibilities and qualifications required. It provides an accurate overview of the work and skills needed to perform this position. Because job content may change from time to time, Encova Insurance reserves the right to add and/or delete functions from this job as it deems necessary for business reasons. Ready to join our team? At Encova Insurance, we firmly believe that our associates drive our company's success by delivering unrivaled service to our customers. With success in mind, we make an ongoing effort to provide an environment that offers challenging, stimulating, and financially rewarding opportunities. Join us to discover a work experience where you can learn and grow to your fullest potential. What you can expect from us In addition to a competitive compensation package, we offer a comprehensive benefits package designed to support the well-being and growth of our associates. Available benefits (subject to any policy or plan changes) include, but are not limited to: Health, Dental & Vision Insurance Company-provided life and income protection plans Eligibility to participate in a company incentive bonus program 401(k) Retirement Plan - 100% company match up to 7% on annual salary Paid Time Off, Paid Holidays, and Floating Holidays Flexible Work Arrangements - Hybrid and remote depending on the role We believe that happy, healthy associates are the foundation of great work. Join us and thrive both professionally and personally. Encova Insurance is an EOE/E-Verify employer. #LI-Remote#LI-MF1
$69.2k-123.9k yearly 3d ago

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Underwriter, Events & Attractions
Aon 4.7
Underwriter job in Fort Wayne, IN
Aon is looking for a Underwriting Professional l We have an opportunity for an Underwriting Professional with our Events & Attractions Division, K&K Insurance Group is a subsidiary of Aon. K&K has been recognized as the leading provider of sports, leisure, and entertainment insurance products. This is a hybrid role with the flexibility to work both virtually and one to two days per week in office at our Fort Wayne, IN location. Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed. What the day will look like Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverage in order to classify the degree of insurable risk and determine appropriate premium amounts. Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVRs and other information needed to properly evaluate and classify the degree of risk in relation to proposed coverage limits. Obtain all relevant information not included with the initial submission to ensure a thorough evaluation of the risk. Review and evaluate renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives. Prepare and review quotations to ensure accuracy prior to presentation to potential clients. Approve the coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirely; refer with recommended action if risk exceeds underwriting authority. Review policy forms used in specific programs to ensure consistency. Manage a book of business with goals for production, net revenue, rate increase, loss ratio and underwriting audit results. Complete a variety of underwriting projects at the direction of the Underwriting Director and Senior Vice President. Skills and experience that will lead to success P&C License required 5 years commercial insurance underwriting experience Computer skill with Microsoft Products (Word, Excel, Outlook) Understanding of commercial property, liability, crime, inland marine, auto and workers compensation coverage Computer skills to include Microsoft Word, Outlook and Excel Excellent math, oral and written English communication skills Must be well organized, able to prioritize work and possess effective time management skills in a fast-paced environment Work well with co-workers, participate in and support an underwriting team environment, advance your knowledge with educational courses, and interact with management when necessary Education: Bachelor's Degree or commensurate education and/or work experience How we support our colleagues: In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply. We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. The salary range for this position (intended for U.S. applicants) is $55,000 to $65,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location. This position is eligible to participate in one of Aon's annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan. Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies. #LI-AM4 2571309
$55k-65k yearly 3d ago
Middle Market Underwriter - Multiline
Encova
Underwriter job in Indiana
The salary range for this job posting is $69,152.00 - $123,921.00 annually + bonus + benefits. Pay Type: Salary The above represents the full salary range for this job requisition. Ultimately, in determining your pay and job title, we'll consider your location, education, experience, and other job-related factors, and will fall within the stated range. Your recruiter can share more information about the specific salary range during the hiring process. Ideal candidates will reside in Kentucky, Indiana or Ohio and have underwriting experience with Package Lines and Workers' Compensation. We will also consider candidates who live in any of our listed payroll approved states that have the necessary underwriting experience. This role will underwrite accounts averaging between $35k - $75k. We may hire a senior level depending on candidate qualifications. (Compensation shown is inclusive of the non-senior and senior level) This role will report to a Regional Vice President, Commercial Lines. Are you a Referral? If you know a current Encova Insurance associate and would like to apply as a referral, please encourage them to submit your referral information before you submit your application. You will receive an email with a direct URL link to the Job Posting of interest. Applying through this URL link will create your referral relationship for our Talent Acquisition Team. Unique residence requirements are listed in each job posting, please review closely for details. Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Our current footprint includes: Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin. JOB OBJECTIVE: The middle market underwriter reviews risks, determines acceptability, and successfully writes profitable business accounts. Within designated authority, reviews insurance applications to evaluate, classify and rate each risk to determine acceptability, coverage and pricing. Responsible for the financial performance of the assigned book of business and is expected to achieve profitable retention and new business growth. Focused on taking action to achieve results that positively impact sales and profitability while ensuring excellent customer service and timely responsiveness to independent agents for their commercial lines accounts. ESSENTIAL FUNCTIONS: 1. Determine the acceptability, quality, pricing, profitability and opportunity for new and existing business. 2. Complete thorough risk analysis on designated accounts using appropriate Encova, NCCI, ISO and industry rules, policies, procedures, and guidelines, etc. 3. Identify, create and initiate new business opportunities within current book of business and assigned agencies. 4. Gather and analyze information necessary to make an accurate evaluation of risk. 5. Accept or reject commercial lines accounts that fall outside of straight through processing rules through exposure identification and risk analysis, including: • understanding all exposures that might cause a policy to incur losses; • conservatively assessing the likelihood of any exposure actually causing a loss and the probable cost if it does; • setting a premium that, on average, would deliver a profit after both prospective loss costs and operating expenses are covered; • be willing to walk away if the appropriate premium cannot be obtained. 6. Apply discretionary pricing appropriately based on risk exposures, risk quality, loss potential, pricing model indications and your letter of authority. 7. Determine acceptability of revision requests that fall outside straight through processing rules and communicate how the revision will be handled to the Associate Underwriter. 8. Communicate all underwriting decisions or changes on coverage, limits, exposures and/or pricing, discussing alternatives with assigned agents as needed. 9. Promote effective agency relationships and encourage continued use of our company products and technology. 10. Provide support to appointed agents by serving as a resource for underwriting questions. 11. Utilizes Encova systems to transact requests and endorsements. 12. Utilize available resources including company underwriting guidelines, business unit strategies, and consultations with others to ensure adequate understanding of risk exposures. 13. Prepare proposals to producers, including negotiation of terms and conditions. 14. Ensure the proper issuance of policies, certificates, filings and notifications. 15. Seek the guidance of management on risks exceeding assigned authority levels. 16. Effectively utilize industry rules and guidance to ensure proper policy construction. 17. Identify underwriting issues; recommend and develop plans for problem resolution and implement them where appropriate. 18. Manage existing and prospective accounts by actively participating in account renewals, new business presentations as needed and discussion with agents. 19. Participate in monitoring and analyzing growth and profitability of assigned agents; initiate actions and understand downstream impact of alternatives. 20. Mentor entry-level underwriters and trainees to achieve profitable retention, growth and customer service standards. 21. Serve as a resource for other team members and units. OTHER FUNCTIONS: 1. Maintain an awareness of the current objectives and initiatives of Encova Insurance. 2. Maintain an understanding of all products offered by Encova Insurance and be able to guide agents to the appropriate contact for needs outside of commercial lines. 3. Travel to various locations to support business objectives when necessary. 4. Perform other duties as assigned. KNOWLEDGE, SKILLS AND ABILITIES: • Minimum 2 years of commercial lines underwriting experience in package lines and/or worker's compensation in the Property and Casualty insurance market strongly preferred. • Bachelor's degree preferred, demonstrated significant underwriting experience may substitute. • Interpersonal skills are required including the ability to demonstrate professionalism, adaptability, accountability, collaboration and problem solving. • Insurance designations or insurance education course work (i.e. AINS-Associate in General Insurance) strongly preferred. • Critical thinking: Ability to assess an individual situation and select applicable rules from an array of options, resulting in the most appropriate and sustainable decision. • Strong oral and written communication skills. • Knowledge of underwriting laws and rules and their application. • Knowledge of policy and procedures regarding risk administration and risk management, underwriting and loss control. • Knowledge of the insurance industry and the business environment in which it operates in order to develop an effective business strategy and remain technically current. • Thorough understanding of business exposure calculations, classifications, experience rating or other plan modifications. • Ability to develop and implement account, territorial, producer and book strategies to acquire and retain business. • Ability to work effectively in a team environment. • Ability to use logic and reasoning to identify strengths and weaknesses of alternative solutions, conclusions or approaches to problems. • Ability to identify complex problems and review related information to develop and evaluate options and implement solutions. • Ability to make sound decisions after considering all facts, potential risks, customer needs and alternative solutions. • Ability to initiate and build relationships and tailor services to meet customer needs. • Ability to present ideas and information to individuals and groups in a clear, concise, influential, organized and diplomatic manner and address concerns or needs. • Ability to adjust priorities based on changing situations. • Ability to effectively manage multiple assignments while meeting established guidelines. • Proficient in Excel. This position has been evaluated in accordance with the Americans with Disabilities Act. Encova Insurance makes every effort to reasonably accommodate disabilities to permit performance of the essential functions and candidates who need such accommodation are encouraged to seek it. This description reflects the nature and level of work performed by associates in this position. It is not an all-inclusive inventory of duties, responsibilities and qualifications required. It provides an accurate overview of the work and skills needed to perform this position. Because job content may change from time to time, Encova Insurance reserves the right to add and/or delete functions from this job as it deems necessary for business reasons. Ready to join our team? At Encova Insurance, we firmly believe that our associates drive our company's success by delivering unrivaled service to our customers. With success in mind, we make an ongoing effort to provide an environment that offers challenging, stimulating, and financially rewarding opportunities. Join us to discover a work experience where you can learn and grow to your fullest potential. What you can expect from us In addition to a competitive compensation package, we offer a comprehensive benefits package designed to support the well-being and growth of our associates. Available benefits (subject to any policy or plan changes) include, but are not limited to: Health, Dental & Vision Insurance Company-provided life and income protection plans Eligibility to participate in a company incentive bonus program 401(k) Retirement Plan - 100% company match up to 7% on annual salary Paid Time Off, Paid Holidays, and Floating Holidays Flexible Work Arrangements - Hybrid and remote depending on the role We believe that happy, healthy associates are the foundation of great work. Join us and thrive both professionally and personally. Encova Insurance is an EOE/E-Verify employer. #LI-Remote#LI-MF1
$69.2k-123.9k yearly Auto-Apply 39d ago
Group Underwriter II (Stop Loss)
Carebridge 3.8
Underwriter job in Indianapolis, IN
Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Group Underwriter II (Stop Loss) is responsible for determining acceptability of insurance risks and appropriate premium rates for renewal and prospect employer groups in accordance with corporate underwriting guidelines and authority limits. How You Will Make an Impact Primary duties may include, but are not limited to: * Calculates stop loss rates for group cases based on analysis of group's experience, industry and demographics. * Prepares post-sale reviews. Minimum Requirements: Requires a BA/BS in a related field; Minimum 3 years of experience in underwriting; or any combination of education and experience, which would provide an equivalent background. Preferred Skills, Capabilities, and Experiences: * CPCU, CLU, LOMA, HIAA or other insurance related courses preferred. * Stop Loss underwriting experience preferred For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $61,404 to $105,264. Locations: California, Colorado, District of Columbia (Washington, DC), Maryland, New York, Washington State In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws. * The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
$61.4k-105.3k yearly Auto-Apply 60d+ ago
E&S Production Underwriter
Amwins 4.8
Underwriter job in Indianapolis, IN
Job DescriptionWe know people don't leave companies. They leave cultures - which is why we work so hard on ours. At Amwins, our people are high-achieving, top performers who believe in collaboration, not cutthroat competition. Our teams work together to help each other succeed, and we do right by our clients so they can do right by theirs.We've built a workplace where talent is valued and success is celebrated. In this team-driven environment, Amwins creates the perfect place for you to grow your career with built-in support and opportunity to advance your knowledge base. We, like you, recognize that your team plays an integral part of the success of your book. You will have the opportunity to curate and mentor an outstanding group. Amwins is the industry leader because we hold ourselves accountable to deliver results - for our employees, our clients, our markets and our shareholders. Amwins is seeking qualified candidates for a Production Underwriter position for our nationwide E&S Binding Authority Commercial and Personal Lines Insurance division, Amwins Access.Each Underwriter is a vital member of our teams, providing: Successfully create and manage a profitable book of new and renewal business Prospect for new business by developing relationships with retail agents through both traditional and creative marketing strategies Remain up to date with new insurance companies' offers and how to leverage them Prospect for new business markets and/or lines to write with sales techniques based in trust and relationship building Mentor and train new team members We are looking for people with: 2-3 years of E&S binding authority experience Bachelor's degree not required but preferred Knowledge of the sales process and pipeline management Ability to travel Licensed preferred Snapshot of what Amwins provides to our team members: Compensation includes a competitive base plus an industry-leading bonus plan Broad benefits package available, with eligibility starting the first day of employment Most benefits available first day of employment Medical, Dental, Vision, Life, etc Parental Leave, Adoption Assistance, Travel Reimbursement for healthcare, Retail Discount Program, Scholarships for dependents of Amwins employees, etc Generous Paid Time Off and Company Holiday Schedule Collaborative, continuing education focused work environment Career advancement opportunities No direct inquiries, please
$46k-75k yearly est. 13d ago
Underwriter I
Brotherhood Mutual Careers 3.9
Underwriter job in Fort Wayne, IN
Job Title: Underwriter I FLSA Status: Exempt Job Family: Underwriting Department: UW - Data & Quality Responsible within assigned authority to evaluate, classify and price new and renewal church and related ministry business, consistent with company established standards for growth and profitability. Provide assistance to agents in resolving issues with existing policies and/or answer questions with respect to coverage existence or availability. POSITION ESSENTIAL FUNCTIONS AND RESPONSIBILITIES To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Evaluate, classify and price new and renewal church and related ministry accounts that are of small to medium size and/or minor to moderate complexity in order to achieve company growth and profitability goals. Appropriately document underwriting files to reflect significant actions taken, thought process, pricing, and exposure analysis. Effectively and professionally communicate underwriting decisions with agents in a professional manner. Travel as needed to meet with agents and policyholders, and attend conferences or other training events. Adhere to all state and federal regulations with respect to the completion of new and renewal church and related ministry accounts. Meet individual processing/workflow standards established by the department and company management to meet agent and policyholder service needs. Appropriately document all files so that other underwriters, department and company management, and external auditors can identify and understand action taken with respect to policy issuance, renewal and changes/maintenance. Order risk control inspections as needed. Present agents with risk control guidelines when hazardous activities are identified and recommend available risk management services to achieve increased profitability. Contribute to the development and maintenance of the Underwriting Resource Center. Complete other projects as assigned. KNOWLEDGE, SKILLS, AND ABILITIES The requirements listed below are representative of the knowledge, skills, and/or abilities required to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Demonstrated ability to meet basic math and professional writing competency. Proficiency in using computers and business software applications. Must be able to make independent decisions. Must have strong analytical, negotiation, and organizational skills. Must have the ability to handle difficult situations in a diplomatic manner and use negotiation skills in the resolution of underwriting and agency differences. Must be able to effectively and professionally communicate complex concepts both orally and in writing. Must be able to develop creative solutions to problems and be comfortable working in a dynamic environment. Must possess strong interpersonal skills and present a positive and professional image of the company. Effectively interface with external contacts, Brotherhood employees, managers, and department staff members. EDUCATION AND/OR EXPERIENCE List Degree Requirement, Years' Experience, and Certifications Must have a Bachelor's degree. Must have two to five years of general business, insurance or related experience. AU, CPCU, CIC or other equivalent insurance related coursework is desired. Two to five years of relevant Property and Casualty underwriting experience is desired. Terms and Conditions This description is intended to describe the general content of and requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Because the company's niche is the church and related ministries market, and because effective service requires a thorough understanding of this market, persons in this position must be familiar with church operations and must conduct themselves in a manner that will neither alienate nor offend persons within this target niche. Brotherhood Mutual Insurance Company reserves the right to modify, interpret, or apply this position description in any way the company desires. This job description in no way implies that these are the only duties, including essential duties, to be performed by the employee occupying this position. This position description is not an employment contract, implied or otherwise. The employment relationship remains “at-will”.
$50k-77k yearly est. 6d ago
Appraisal Underwriter
Ruoff Mortgage 4.0
Underwriter job in Fort Wayne, IN
Full-time Description Responsible for the review of conventional and government mortgage loan applications ensuring quality and compliance with company, investor & appraisal guidelines and meeting closing schedules. Essential Responsibilities Completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines. Evaluate the entire appraisal package and collateral for residential mortgage loans and ultimately ensure an “investment” quality loan product. Check accuracy of calculations. Assists with training of new underwriters. Recommend the loan disposition for loan amounts in excess of authority limitations to underwriting manager. Communicate decision on loans to appropriate parties both verbally and in writing. Be available to processors and correspondents for general guideline interpretations and questions on specific loan files. Respond to post-closing reviews and audits in a timely fashion. Maintains a professional image and standards consistent with company policies and procedures. Responsible for a high level of confidentiality and security while handling company information; verbal and/or written documentation. Performs other tasks as requested. Knowledge, Skills and Abilities Ability to read, write, and communicate at a level consistent with the requirements of this position, including legal documents and to non-technical staff. Ability to clearly organize information, understand relevant laws, identify and fix any financial discrepancies that may arise, and perform mathematical equations accurately. Ability to learn and support new systems and applications, and use critical thinking to make good decisions and meet deadlines. Demonstrated ability to handle multiple projects and details simultaneously; holds self to a high level of quality. Must be self-motivated and enthusiastic to obtain personal and company goals. Ability to stay organized to easily retrieve information and documents as needed. Job Dimensions Reporting to this position: No direct reports Internal Relationships: All internal operations staff and management, loan officers, underwriting, and compliance. External Relationships: Credit and title companies, Realtors, appraisers, and other outside professionals. Requirements Experience and Training Bachelor's degree in related field, preferred. High school diploma or equivalent is required. Minimum of three years' mortgage loan underwriting experience, required. DE designation, required. Proficient with MS Office including Word, Excel and PowerPoint. Must maintain industry standard training according to company policies. Physical Demands and Work Environment Physical Demands: Mostly sedentary, however, while performing the duties of this job, the employee is occasionally required to walk; reach with hands and arms; stoop; talk and hear. Extensive reading and computer use is expected more than 50% of the time. Receiving and expressing detailed information verbally, in person and by telephone is essential. Must be able to verbally communicate effectively with others. Occasionally lift and/or move up to 15 pounds. Regular attendance is necessary and essential to this position. Work Environment: Professional atmosphere in a branch environment Routinely uses office equipment such as computers, phones, photocopiers, filing cabinet and fax machine. Why is Ruoff Mortgage the right career choice? At Ruoff Mortgage, we truly believe that where you work and loving your job matters, so you will receive all the vital resources necessary for your career to take off! Our team is focused on helping our clients achieve their home borrowing goals while providing our employees with a rewarding, professional experience, and a friendly team-oriented work environment. We offer a comprehensive Ruoff Total Rewards benefits package designed to support the well-being and success of our employees. Health & Wellness: Enjoy comprehensive health insurance plans, including medical, dental, and vision coverage, to keep you and your family healthy. Retirement Savings: Take advantage of a 401(k) plan with company match to help you plan for your future. Paid Time Off: Benefit from paid vacation, holidays, and sick leave to ensure you maintain a healthy work-life balance. Professional Development: We support your growth with training, education, and opportunities for career advancement. Employee Assistance Program (EAP): Access confidential counseling and support services for personal or professional challenges. We're committed to providing our employees with the tools and resources they need to thrive both personally and professionally. Ruoff Mortgage reserves the right to modify, interpret, or apply this in any manner the company desires. This in no way implies that these are the only duties, including essential duties, to be performed by the employee occupying this position. This job description is not an employment contract, implied or otherwise. The employment relationship remains “At Will.” The aforementioned job requirements are subject to change to reasonably accommodate qualified individuals with disabilities. While we thank all candidates for your interest in our company, only those selected for interviews will be contacted. Ruoff Mortgage is an equal opportunity employer.
$39k-68k yearly est. 60d+ ago
Mortgage Loan Underwriter Senior
City National Bank 4.9
Underwriter job in Indianapolis, IN
WHAT IS THE OPPORTUNITY? The role of the Underwriter III is to evaluate the credit risk against company standards and to determine the borrower's ability to repay a residential mortgage. The Underwriter III analyzes and interprets the most complex financial and non-financial data decisioning the requests with the goal of achieving the optimal quality asset for the bank while satisfying the needs of borrower. The Underwriter III is also responsible for LLCs along with other complex borrower types. The Underwriter III works within established lending authorities and guidelines, with complex or unusual situations escalated to the next highest authority level for resolution. This includes mentoring and training of Underwriters I and II including second level reviews. What you will do * Reviews the loan package received to ensure completeness verifying that all supporting documents are included to make a credit decision per established policies * Identifies issues and recommends appropriate resolution within policy service level agreements * Analyzes and determines the financial capacity of the borrower's ability to repay: * Performs credit analysis, financial statement analysis, cash flow analysis, liquidity qualification and payment calculation spreads * Reviews for stability of residency and employment * Verifies income per established policy * Identifies any exceptions to current policies * Documents a reasonable conclusion mitigating any identified risks supporting the request will be repaid * Accurately sets and clears conditions * Interacts with RLC and Processor throughout the life cycle of the loan, providing information, updates and assistance as required * Updates System(s) with pertinent information and appropriate data as required * Renders a decision within his/her lending authority. If deal is outside of lending authority, provides a recommended decision and submits for appropriate level signing authority * Originates appropriate client letters; Commitment, Counter Offer, Declination * Certifies and provides a final Workbook to the Processor * Ensures compliance with bank and statutory/regulatory guidelines * Client Satisfaction * Promotes a team environment fostering a positive working environment * Functions as a collaborator and innovator to drive continuous improvement * Provides guidance and support to the RLC and Processor when required * Utilizes systems and tools to ensure that the RLC's are updated on the status of loans * Interacts and communicates daily with all levels as required to support business units, Processors, Funding/Doc Prep to ensure requirements are understood and met * Provides timely, complete and accurate response to inquiries * Handles all situations in a professional and ethical manner * Takes the lead in resolving problems for his/her own loans; assisting Underwriters I and II with resolutions * Supports and contributes to the quality and customer satisfaction goals of the bank * Productivity * Ensures all goals and service level agreements (SLAs) are met * Tracks, logs and provides daily, weekly, monthly, quarterly reporting of production statistics as defined by management * Consistently meets quality control and data integrity standards * Effectively utilizes available systems, workflow and imaging tools * Mentor and train Underwriters I and II * 2nd level review of Underwriters I and IIs' work * Performs other duties as assigned by Management, including participation in projects, process improvement initiatives, etc. *Must-Have** * Minimum 7 years of experience as an Underwriter in a financial services or mortgage banking environment required. * Minimum 7 years of experience in jumbo and super jumbo underwriting to investor or organization's guidelines required * Minimum 7 years of experience with state and federal lending regulations (i.e., Ability to Repay (ATR), RESPA, Reg B, Reg O, Reg Z, Fair Lending, etc.). *Skills and Knowledge* * Bachelor's degree in Business, Finance or Economics or related discipline with 10 or more years of experience in a mortgage banking environment required * Familiar with FNMA/FHLMC guidelines * Computer literate with experience using Microsoft applications with mortgage industry standard software, preferably InterLink E3 or NetOxygen/Gallagher. * Superior ability to communicate effectively in both verbal and written form * Strong time management skills to plan and organize a high daily loan volume * Strong ability to be very detail oriented * Must be a team player and work constructively with their fellow colleagues * Specific knowledge and exposure to funding and loan documentation to resolve more complex situations such as occur with LLC's, irrevocable trusts, and Co-operatives *Compensation* Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. **To be considered for this position you must meet at least these basic qualifications* The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. *Benefits and Perks* At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our **************************************************************************************************** ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves. *City National Bank does business in Miami and the state of Florida as CN Bank. For more information about City National, visit ********************* *EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION* City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. ************************************************************************************************** If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via mailto:*************************) or leave a message at *************. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
$41.8-66.8 hourly 60d+ ago
Field Underwriter
Luminous Financial
Underwriter job in Indianapolis, IN
INSURANCE SALES REPRESENTATIVE - REMOTE SALES - WORK FROM ANYWHERE! We offer Part-time and Full-time job opportunities everywhere in the United States.We are looking for motivated people who want to become financially independent and get a sense of significance in their work. We offer LICENSED PRODUCERS a very good opportunity for financial freedom! In addition, we help UNLICENSED AGENTS get through the LICENSING REQUIREMENTS and provide free training to help them achieve their goals. WHO WE ARE We are an independent broker of Living Benefits Life Insurance. We represent some of the largest insurance carriers in the USA and Canada. This is a place agents can (1) be their own boss and set their own schedules; (2) gain financial independence; and (3) get the respect and recognition they deserve. What do distributors do? We are hiring and training men and women to distribute a revolutionary new type of life insurance with Living Benefits. This allows the policy holder to accelerate the death benefit for their own use while they are still living. Living benefits are the best-kept secret of life insurance. This new type of insurance practically sells itself. These insurance agents service middle income America and we are looking for entrepreneurs who want to build their own distribution network. We are partnering with agency owners with a current sales force or we will train you to hire and build your own agency. The absolute best compensation in the industry - you literally determine your own income and income potential. Agents can earn commissions in excess of 140% of sales! We have an unmatched and proven hiring and onboarding system in place. Great carrier overrides and bonuses! Job requirements Life insurance license or willing to obtain one. You will need a valid drivers license and vehicle to travel to and from client appointments. Cell and laptop/tablet and/or IPAD are required as well. What do we offer? If you currently have a Life Insurance license, then you can be in the field within one week If you do not have a Life Insurance License, no problem! We can show you how to get one very easily - Most complete the requirements in one week or less! There is no income cap and we offer weekly bonuses, monthly bonuses, and a profit sharing program. Disclaimer: Compensation is 100% Commission and Bonus. Please be aware before applying for position Training is 100% FREE and it is the absolute best in the industry. We will train you to call, set, and run appointments from your home office. We offer the best leads in the industry. Our leads are new, qualified, and affordable. We have access to multiple vendors which ensures our agents high quality, low cost leads. Renewals are 100% vested from day one - there is no waiting period! Flexible schedule - you are your own boss and you set your own schedule Opportunity for advancement into leadership and management roles.
$41k-69k yearly est. 60d+ ago
Case Underwriter II
Trustmark 4.6
Underwriter job in Indianapolis, IN
Trustmark's mission is to improve wellbeing - for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities. **About the role** Trustmark is looking for a Case Underwriter to join the organization. Responsible for providing timely and accurate underwriting offers, while adhering to pricing and profit objectives. Develops partnership with Sales to maximize ability to sell new/maintain existing business. Stays current with our Administrative, Enrollment, Broker, and Enrollment Company capabilities and processes. **Key Accountabilities** + Processes, reviews, analyzes and makes informed underwriting decisions for assigned territory. All cases are reviewed with manager or higher level underwriter until proficiency is achieved. At full proficiency, underwriting authority is a maximum of 5,000 life case or $500,000 of annualized premium. + Reviews enrollment and participation trends in assigned territory and makes recommendations to optimize opportunity for sales while minimizing risk. + Provides monthly updates on sold case successes and failures as it relates to access and participation for Guarantee Issue cases. + Continually asks questions to grow and better understand our products and procedures. Develops and grows relationship with Implementation Managers to gain their confidence in decisions. + Understands non-standard broker arrangements and enrollment company strengths and weaknesses. + Identifies elements of a successful enrollment and makes recommendations that will create value. + Works with reinsurer on cases that require facultative review. **Minimum Requirements** + Bachelor's Degree and/or 2 - 4 years of related experience OR High School Diploma or GED with 4-6 years of related experience. The compensation range for this role is (based on the corporate location in Lake Forest, Illinois): $61,412.00 - $88,706.00 per year The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market. Brand: Trustmark In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview. Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business. We are an equal opportunity employer, including disability and protected veteran status. Join a passionate and purpose-driven team of colleagues who contribute to Trustmark's mission of helping people increase wellbeing through better health and greater financial security. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. When you join Trustmark, you become part of an organization that makes a positive difference in people's lives. You will play a vital role in delivering on our mission of helping people increase wellbeing through better health and greater financial security. Our customers tell us they simply appreciate the personal attention and knowledgeable service. Others tell us we've changed their lives. At Trustmark, you'll be part of a close-knit team. You'll enjoy abundant opportunities to grow your career. That's why so many of our associates stay at Trustmark and thrive. Trustmark benefits from more than 100 years of experience but pairs that rich history with a palpable sense of optimism, growth and excitement for what's ahead - and beyond. This is a place where associates bring their whole selves to work each day. A place where you can be yourself. Whatever your beyond is, you can achieve it at Trustmark.
$61.4k-88.7k yearly 60d+ ago
Underwriter
Bridge Specialty Group
Underwriter job in Fort Wayne, IN
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Arrowhead Intermediaries is Seeking Underwriter to join our growing team in Ft. Wayne, IN. The Underwriter operates at an intermediate level of underwriting skill and difficulty and will work independently under moderate direction from their assigned Underwriting Team Leader. The Underwriter will operate within its assigned intermediate level of Underwriting Authority to evaluate, qualify and rate individual insurance applications/ supporting documentation for assigned underwriting files to determine the acceptability of risk factors on behalf of the carrier. This individual is expected to maintain a high level of accuracy within their work product. The Underwriter will also contribute toward the achievement of the company's premium and profitability goals as defined by its underwriting leader How You Will Contribute Underwrite standard level of new and renewal accounts in accordance with all applicable guidelines and procedures. Moderate contribution toward the achievement of American Specialty's premium and profitability objectives. Evaluate client's entire range of exposures (general liability, excess/umbrella, property, and automobile) ensuring each exposure has been properly assessed. Ensure effective, comprehensive approaches are developed, recommended, and implemented to address the exposures. This is accomplished by examination and evaluation of documents such as application forms, inspection reports, product brochures, financial reports, loss information, and other data to determine degree of risk, underwriting and market selection. Develop and communicate informed, sound underwriting decisions. Monitor results to identify trends and developments on assigned accounts. Coordinate account servicing through interaction with Client Services, Risk Services and Claims Services in such a way as to meet American Specialty service objectives. Any other job-related duties may be assigned by your underwriting leader. Licenses and Certifications: Active Indiana Property and Casualty License. Skills & Experience to Be Successful Bachelor's degree in insurance & risk management OR possess 2+ years of on-the-job underwriting experience, including developed technical knowledge and underwriting philosophy. Solid understanding of underwriting commercial exposures and insurance coverages. Teammate Benefits & Total Well-Being We go beyond standard benefits, focusing on the total well-being of our teammates, including: Health Benefits : Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more. Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations. The Power To Be Yourself As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
$43k-72k yearly est. Auto-Apply 15d ago
Underwriter
Auto-Owners Insurance 4.3
Underwriter job in Marion, IN
We offer a merit-based work-from-home program based on job responsibilities. After initial training in-person, you could have the flexibility of work-from-home time as defined by the leadership team. Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated underwriting trainee to join our team. This job performs and applies insurance coverage, rules and guidelines to execute the underwriting decision-making process according to Company underwriting philosophy. This job includes training and development through completion of the Company's underwriter training program for the assigned line of insurance and requires the person to: Learn various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment Analyze loss experience, financial conditions and physical characteristics of risks Acquire a working knowledge of supporting sections of the underwriting department Effectively communicate with independent agents and other associates through verbal and/or written means Participate in and successfully complete the Company underwriter training program Desired Skills & Experience Bachelor's degree or direct equivalent experience with property/casualty underwriting Ability to organize data, multi-task and make decisions independently Above average communication skills (written and verbal) Ability to write reports and compose correspondence Ability to resolve complex issues Continually develop product knowledge through participation in approved educational programs Benefits Auto-Owners offers a wide range of career opportunities, and we are seeking talent that will help us continue our long tradition of success. We offer a friendly work environment, structured training program, employee mentoring and an excellent compensation/benefits package. Along with a competitive base salary, matched 401(k), fully-funded pension plan (once vested), and bonus programs, Auto-Owners also provides generous paid time off including holidays, vacation days, personal time, and sick leave. If you're looking to do rewarding work alongside great people, Auto-Owners is the place for you! Equal Employment Opportunity Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law. *Please note that the ability to work in the U.S. without current or future sponsorship is a requirement. #LI-DNI #IN-DNI
$44k-72k yearly est. Auto-Apply 8d ago
Centralized Underwriter
Everwise Credit Union 4.0
Underwriter job in South Bend, IN
The Centralized Underwriter is responsible for reviewing and evaluating all consumer loan applications to determine risk levels and formulate credit decisions. The incumbent will apply underwriting principles and guidelines to make informed decisions and manage risk effectively to formulate credit decisions for consumer loan applications. Primary Responsibilities and Duties: Review, analyze and evaluate loan applications for completeness and accuracy utilizing departmental policies and strategies. Assess risk factors associated with applicants and determine eligibility for credit to protect credit union assets. Collaborate with branch employees to gather additional information as needed. Responsible for making sound lending decisions based upon Everwise's underwriting and documentation requirements. Communicate underwriting decisions to the originating loan officer and provide rationale on credit decisions when necessary. Personal lending limit may vary according to experience, quality of loan decisions, and product type. Responsible for maintaining a professional relationship with Retail Branches and MCC team by providing prompt, courteous, and quality service. Ensure compliance with company policies, regulatory requirements and accountable for understanding and applying government laws and regulations and Everwise's policies and procedures relating to the Anti-Money Laundering Regulations including but not limited to the Bank Secrecy Act (BSA), US PATRIOT ACT and OFAC. Assumes additional responsibilities as necessary for the growth and advancement of the credit union. Knowledge/Skills: Ability to comprehend detailed instructions. Strong analytical and problem-solving skills Excellent communication and interpersonal skills Ability to work well with others in a team environment. Proficient in Microsoft Office Suite Strong organizational, prioritization and time management skills. Ability to perform efficiently while working under deadlines and time constraints. Minimum Requirements: High School diploma or GED 3+ years lending and/or financial experience required Variability of shifts may include weekday, evening or weekend hours. Hybrid position with expectation to work in office a minimum of 1 day per week. Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
$60k-95k yearly est. Auto-Apply 42d ago
Mortgage Underwriter
3Rivers Federal Credit Union 3.8
Underwriter job in Fort Wayne, IN
Mortgage Underwriter Reports To: Mortgage Underwriting Manager Location: Onsite Position Type: Non-Exempt Pay: $63,450- $92,250/yr ***Note - Pay is dependent on pay and experience, with the top of the pay range reflecting someone who has held a similar position with a similar title and responsibilities for 10+ years. Variable Incentive Pay / Merit: This position is eligible for variable incentive pay based on individual and credit union performance. In addition, the position is also eligible for merit-based pay adjustments after the completion of one year of service, based on personal performance. Reviews, analyzes, and underwrites 1st and 2 nd mortgage loan requests utilizing sound lending decisions. Measures expectations for fraud, delinquency and loss. Utilizes approved lending and credit evaluation guidelines adopted by the Credit Union. Assists in supervising the system of checks and balances associated with pricing, rates, fees, and rate-locks for lending requests. Maintains communication with the mortgage team members working with the membership. Obtains and evaluates credit information on applicants to render sound credit lending decisions. Enters and processes assigned internal software applications in a timely and accurate fashion. Supports reasons for denials and follow-up with required regulatory adverse action notifications to applicants. Responsible for the Credit Union's consumer credit granting decisions. Examines current credit history and member relationship to suggest additional products and services (cross-sell). Recommends lending products that would better suit the member's needs at the time of the request. Knowledge Requirements Extensive experience and thorough knowledge of the 1st mortgage lending industry FHA underwriting experience and endorsement Working knowledge of lending practices and procedures. Knowledge of office procedures and equipment. Computer knowledge with exposure to Microsoft Excellent verbal and written communication skills. Exceptional organizational skills. Ability to maintain composure and positive attitude at all times. Good knowledge of loans, types and purposes Must be able to use sound judgment at all times Exercises judgment with management team to make decisions based on data and process knowledge. Ability to analyze work flow and develop procedural modifications. Focused on quality and problem resolution. Adheres to all federal, state and credit union regulations and policies. Work Environment & Physical Effort Required Normal Education and/or Experience Minimum of 5 to 7 years of mortgage lending experience 3-5 years' history of underwriting 1st mortgage loans at a pace of 5 to 8 per day High School diploma or equivalent Bachelor's Degree in a related field Core Values Commitment - Be all in. Consistency - Be all in EVERY DAY. Innovation - Think (UYH) and ASK WHY. Integrity - Do the RIGHT thing, not the easy or quick thing. Quality - Do an OUTSTANDING job, don't run out of GAS. Trust - Hold trust and be trustworthy. Value - Make members lives better, easier, safer; help them fulfill dreams; help them to do what they don't know how to or think isn't possible even if it's not here (see integrity above); make them wiser; help them build wealth (beyond saving $$)
$63.5k-92.3k yearly 50d ago
National Accounts Strategic Underwriter
Elevance Health
Underwriter job in Indianapolis, IN
Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The National Accounts Strategic Underwriter is responsible for providing strategic and analytical underwriting support for national account clients. This includes financial modeling, risk assessments, and developing multi-year pricing strategies tailored to large, complex employer groups. The role requires extensive research, and collaboration to meet client demands and support growth and retention. The role collaborates cross-functionally to deliver customized solutions aligned with business priorities. How You Will Make an Impact Primary duties may include, but are not limited to: * Create competitive, financially sound proposals for business growth and renewals. * Collaborate on RFPs. * Lead contract customization and negotiations, ensuring accurate financial outcomes and risk mitigation. * Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements. Minimum Requirements: Requires a BA/BS in in Finance, Actuarial Science, Business, or related field; Minimum of 7 years in large group insurance underwriting, actuarial analysis, or strategic finance. Preferred Skills, Capabilities, and Experiences: * ASA/FSA, CFA, or CEBS credentials preferred. For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $105,504 to $180,864. Locations: California, Colorado, District of Columbia (Washington, DC), Illinois, Maryland, Massachusetts, Minnesota, Nevada, New York, Washington State In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws. * The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Job Level: Non-Management Exempt Workshift: Job Family: UND > Analysis Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
$105.5k-180.9k yearly 9d ago
Mortgage Underwriter
Solomonedwards 4.5
Underwriter job in Indianapolis, IN
About Us SolomonEdwardsGroup, LLC ("SolomonEdwards") is a full-service professional services firm offering financial, operational, and technology consulting and operations support. We work with some of the world's most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards Position Summary: SolomonEdwards is looking for a Mortgage Fulfillment Underwriter for one of its mortgage clients to ensure the assets reviewed meet all applicable investor guidelines, through a complete knowledge of requirements and regulations. You will be held accountable for the quality and accuracy of decisions. Position Locations: Phoenix, AZ Tampa, FL St. Louis, MO Plano, TX Moorpark, CA Pasadena, CA Essential Duties: - Decisions full range of mortgage loans, preferably including FHA loans. - Review all mortgage applications and documentation for accuracy and completeness. - Work with clients to prepare mortgage applications and related documentation as needed, and help resolve any outstanding issues. - Work with compliance officers to ensure Federal, State, and local compliance with all mortgage and loan materials. - Approve or deny mortgages on a timely basis. - Perform other related duties as required and assigned. - Demonstrate behaviors that are aligned with the organization's desired culture and values. Qualifications: - Bachelor's degree or equivalent work experience. - 3+ years of mortgage underwriting experience required. - Knowledge of mortgage laws and regulations required, including the Home Mortgage Disclosure Act. - Knowledge of state and federal agency mortgage loan guidelines and regulations is helpful. Skills and Job-Specific Competencies: - Solid knowledge of mortgage underwriting and basic automated underwriting systems. - Proficiency with basic automated underwriting systems. Travel Requirements: No travel will be required, unless at the client's discretion. Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices. Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to, education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $26 - 36. Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k). Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated. We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives; and to be their whole selves. Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy. Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise. Job Ref: 141866 ### Place of Work On-site ### Requisition ID 141866 ### Application Email ****************************
$26-36 hourly Easy Apply 60d+ ago
Commercial Lines Underwriter / Renewal Underwriter (Commercial P&C)
Amerisure Mutual Insurance Co 4.8
Underwriter job in Indianapolis, IN
Amerisure creates exceptional value for its partners, policyholders, and employees. As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. With an A.M. Best "A" (Excellent) rating, Amerisure serves mid-sized commercial enterprises focused in construction, manufacturing and healthcare. Ranked as one of the top 100 Property & Casualty companies in the United States, we proudly manage nearly $1 Billion of Direct Written Premium and maintain $1.21 billion in surplus. We are recruiting for a Commercial Lines Underwriter (Renewal Underwriter) to join our team in the North. This role will sit hybrid in Farmington Hills, MI, Chicago, IL or Indianapolis, IN. Position Summary: Responsible for evaluating and managing assigned accounts, maintaining a portfolio of renewal accounts, and making informed underwriting decisions in alignment with Amerisure's risk appetite and strategic objectives. This role highlights data-driven risk assessment, effective negotiation, and collaboration with agency partners to achieve underwriting goals. Responsibilities: * Evaluate, underwrite, price, and negotiate assigned accounts in accordance with Amerisure risk evaluation process and renewal framework. * Analyze and assess risk factors to ensure adherence to Amerisure's underwriting philosophy. * Provide service excellence to agency partners, adhering to established service standards to strengthen agency relationships and support business objectives. * Develop and maintain relationships with key agency contacts to facilitate effective negotiations and ensure successful account acquisition and retention. * Attain established underwriting performance metrics for both new and renewal accounts. * Maintain organized and thorough underwriting documentation in accordance with Amerisure's standards and guidelines. * Utilize underwriting tools to effectively support risk assessment and decision-making. Requirements: * Bachelor's degree or equivalent years of experience. * 1 year underwriting experience in commercial or middle market insurance. * Proficient computer skills required including Microsoft Office Suite. * Strong analytical skills and attention to detail. * Demonstrated successful ability to build positive relationships and partnerships within department, across the organization and with external customers. * Excellent organizational skills, including ability to multi-task and prioritize workload. Excellent interpersonal and communication skills with the ability to interact with all levels of the organization. * Ability to travel up to 5%. #LI-CR1 Just as we are committed to creating exceptional value for our Partners For Success agencies and policyholders, Amerisure also remains committed to being an employer of choice. We reinforce this commitment by adhering to an Employee Value Proposition that, in part, is provided through a competitive total rewards package. This package includes competitive base pay, performance-based incentive pay, comprehensive health and welfare benefits, a 401(k) savings plan with profit sharing, and generous paid time off programs. We also offer flexible work arrangements to promote work-life balance. Recognized as one of the Best and Brightest Companies to Work For in the Nation and one of Business Insurance magazine's Best Places to Work in Insurance, we provide a workplace that fosters excellence and professional growth. If you are looking for a collaborative and rewarding career, Amerisure is looking for you. Amerisure Insurance 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, Amerisure Insurance 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. Amerisure Insurance expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Amerisure's employees to perform their job duties may result in discipline up to and including discharge.
$74k-104k yearly est. Auto-Apply 60d+ ago
Underwriting Specialist/Underwriting Manager
Arch Capital Group Ltd. 4.7
Underwriter job in Homecroft, IN
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Position Summary: Are you tired of losing business to Group Captives? Well, come join our team! As an Underwriter within Arch Alternative Markets, this position is responsible for the technical underwriting, account management and client management of our casualty group captive programs. We have been growing steadily 20% per year with no shortage of opportunities. We exceeded $1 Billion of GWP and are looking for more team members. Responsibilities and Accountabilities: * Technical Underwriting - Solicits and reviews new and renewal account information required to evaluate a risk. Identifies all potential exposures and hazards in relation to coverage requested and individual and program risk characteristics. Assesses insurance and related financial risk in order to structure appropriate captive programs to effectively protect against frequency, severity, catastrophic and credit risk. Engage other internal resources as necessary. Underwrites, prices and prepares proposals within authority and with necessary input of Arch Actuarial, Credit and Alt Market team. Prepares program binders and presents to captive manager/producer and or prospective insured. Coordinates all administrative duties related to existing and prospective accounts. * Account Management - Quarterbacks all pre and post bind activities including policy production, compliance issues, audits and adjustments, legal agreements, receipt of collateral, legal agreement execution, TPA coordination and any other related items. Together with internal team members, takes responsibility to deliver promised service to customers. Responsible for the renewal and retention management and manages the renewal process to achieve targeted retention and price change goals. Initiates, coordinates and conducts a mid term account review. * Client Management - Develops and maintains relationships with producers and insured's to achieve overall production and profitability goals. Meets with producers and insureds to discuss individual account issues, uncover critical customer needs and financial buying characteristics. Develops a strategic plan for positioning and selling Arch at both the producer and the insured level. Engages and introduces other team members or management team as appropriate. Develops and maintains relationships with producers to generate a flow of qualified submissions. * Administrative - Responsible for all underwriting and policy file documentation which is in compliance with Arch's internal audit process. Completes ad hoc projects as assigned by management. Required Skills and Abilities: * Understanding and knowledge of the intent, scope and purpose of the Workers Compensation, General Liability, and Automobile coverage forms and endorsements with the ability to tailor to the sold captive program design. * Possess a thorough understanding of loss sensitive programs, excess & surplus lines programs. * An understanding of captive programs is desired, but not required. This would include products, pricing, expensing, actuarial loss projecting techniques, retention and aggregate setting, limit profiles, ALAE, credit risk, and effective utilization of facultative reinsurance. * Understanding and knowledge of exposure identification and analysis. * Possess a cross functional generalist knowledge of other disciplines including claims, risk control, audit, premium accounting, finance and legal. Knowledge of regulatory and compliance issues. Education & Experience: * Bachelor's degree or equivalent training required * CPCU or other similar designation a plus. * Three (3) to Five (5) years underwriting experience and/or experience in the Loss Sensitive, Excess & Surplus marketplace, or captive insurance marketplace. * Proficiency with Excel, Word and PowerPoint. * Established broker or captive program relationships not necessary. #LI-Remote #LI-AM3 For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. $125,000 - $145,000/year + 10% target bonus * Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future. * Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits. Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team. 14400 Arch Insurance Group Inc.
$125k-145k yearly Auto-Apply 5d ago
Commercial Underwriter C&I
Old National Bank 4.4
Underwriter job in Evansville, IN
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. Responsibilities Salary Range The salary range for this position is $60,000 - $165,100 per year plus bonus. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled. We are growing and have opportunities for Commercial Underwriters/Credit Analysts/Portfolio Managers for C&I. This role has the primary responsibility of underwriting lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards. You will assign an appropriate asset quality rating, in a fast-paced, high volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. You will collaborate with Relationship Managers, and internal support staff to provide credit expertise to underwrite and monitor the portfolio. We are an in-office working enviornment with the following locations for you to work with team members; Evansville IN, 8750 W. Bryn Mawr Chicago (near Rosemont and the Cumberland Blue line station), 180 N. LaSalle Chicago, Hickory Hills IL, McHenry IL, Gurnee IL, Sycamore IL, Milwaukee on Capital Drive and 76th, Madison Capital Square, Troy MI, Nashville Gulch TN, and Indianapolis 900 E. 96th at Parkwood. Key Accountabilities Underwrite Loans Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting guidelines and policy; evaluation by Loan Review, OCC, and/or others may identify unacceptable underwriting or inaccurate asset quality ratings (AQR) Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volume Produce a high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high volume environment juggling multiple requests while adhering to client driven response timelines, etc. Partner with respective Relationship Managers as well as Treasury Management Partners Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge, understanding, and application of ONB guidelines/standards/policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions. Deliver exceptional internal customer service and adopt new processes and new tools, as available. Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise Partner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environment Monitor Portfolio Accurately assign asset quality ratings (AQR) Work with assigned Relationship Managers to monitor the credit portfolio to maintain strong asset quality; review trend analysis reports, address default situations, delinquencies, review maturing notes, receipt of financial information, review covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate. Prepare credit data in Special Assets Assessment and Action Summary (SAAAS) and Upgrade Hurdles, as necessary, working with assigned Relationship Managers Commercial Underwriters may monitor overlines and Treasury Management/ACH risk reports or other trends, as appropriate Key Competencies for Position Cultural Leadership: Communication - effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery methods. Collaboration - actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives. Execution Leadership: Drive and Execution - committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results; consistently achieves performance targets. Problem Solving/Decision Making - with minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement. Adaptability - flexible and agile (can be a utility player); modifies behavior and approach in order to deal effectively with changing business needs, conditions, work responsibilities and requirements, and client needs; maintains effectiveness when experiencing change; accepts new challenges/shifts/change in a "can-do" way; focuses on the beneficial aspects of change Technical Knowledge - possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge Client Leadership: Client Leadership - Puts the (internal and/or external) client in the forefront; strives to delight clients/partners by becoming a trusted advisor, establishes long-term productive relationships by viewing and understanding outcomes and operations through the eyes of the client, identifying and acting upon needs, and delivering increased value Qualifications and Education Requirements Demonstrate at least 3-7 years progressive experience within Commercial Credit for C&I is required with each incremental level of responsibility. Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements Understands and takes appropriate action related to risks associated with lending to various types of industries. Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply and conform to ONB lending policies, guidelines and standards Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal/external client quickly given the high volume, fast-paced environment Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly Must feel comfortable working in a collaborative team environment along with being an independent thinker. Bachelor's degree in finance, accounting or equivalent experience Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position. Our culture is firmly rooted in our core values. We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank. Join our team We can recommend jobs specifically for you! Click here to get started. If you're qualified for a position but need additional help with the application because of a disability, please email ************************** (This email will respond to accommodation requests only.)
$42k-53k yearly est. Auto-Apply 1d ago
Mortgage Warehouse Underwriter II
Centier Bank 4.0
Underwriter job in La Porte, IN
Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the individual differences, life experiences, knowledge and talent that our associates invest in their work represents a significant part of not only our culture, but our reputation and company's achievement as well. A Centier Associate is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results. What are our values? Our Corporate values are Caring, Loyalty, Integrity, Friendship, Fun....who wouldn't want to work for an AWARD-WINNING company that's built on these pillars? What about the perks? Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE. Supervisory Responsibilities: No supervisory responsibilities Job Summary: A Mortgage Warehouse Underwriter II will prepare written loan analyses for new and existing lines for Mortgage Warehouse relationships ranging from $3,000,000 up to the bank's Mortgage Warehouse Lending Guidelines. He or she will also monitor existing lines through annual reviews. A Mortgage Warehouse Underwriter II will be expected to have knowledge and experience with moderately complex Warehouse relationships.. A Mortgage Warehouse Underwriter II should be proficient in warehouse lending and Bank policy and procedures. Position will also be responsible for reviewing a sampling of files post-closing to verify proper adherence with lending guidelines, policy and procedures. Promote good relations with all associates and departments within the Bank to maintain organization and efficiency. Essential Duties and Responsibilities: Collect and analyze detailed financial information about sellers, borrowers and associated guarantors to determine the level of credit that is appropriate for complex warehouse line relationships. Prepare 10-50 page written presentations for new warehouse lines, line modifications, and annual reviews. Presentations include identification of strengths, risks with applicable mitigating factors, an appropriate risk grade and recommendation regarding the warehouse facility decision. Approval will come from Loan Committees depending on the size of relationship. Will need to interact with warehouse management, senior management, warehouse clients and customers to evaluate credit worthiness of new relationships and potential deterioration of existing warehouse clients or borrowers. Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure. Financial monitoring and review of approved end investor financials annually. Review monthly sampling for internal review of appraisals and HUD settlement statements. Review outstanding loans for any missing documents. Knowledge, Skills, and Abilities: Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers. Ability to think critically and express conclusions in writing and verbally. Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends. Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of warehouse lines. Strong organizational skill sets. Strong attention to detail. Working knowledge of Microsoft Office, Warehouse Loan Funding System, and Credit Quest. Demonstrated success in a fast-paced service environment. Strong communication skills; both interpersonal and written are necessary. Ability to successfully perform work independently and in a team environment. Familiarity with loan documents is a plus. Job Qualifications: Must possess working knowledge of underwriting principles for moderately complex Warehouse Lines. Bachelor's Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for business relationships. Minimum of 5 years of commercial underwriting experience with an emphasis on credit and risk management for mortgage warehouse clients. What do I do now? Apply with us! Refer this opening to others! Disability Accommodation Statement Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank, please call us at ************ or send us an email at *********************. Equal Opportunity Employer: Disability/Veteran Centier Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Member FDIC
$35k-45k yearly est. Auto-Apply 39d ago