Junior Underwriter

ONE80 INTERMEDIARIES INC
Hackensack, NJ Remote Full Time
POSTED ON 5/17/2024
As our company expands its operations, we're on the lookout for a skilled Underwriting Associate to play a crucial role in evaluating new and renewal programs within specific lines of business. In this role, you'll be responsible for proposing terms that encompass benefits, policy forms, terms & conditions, rates, and splits. Your recommendations should align with our profit and growth objectives, ensuring that the company maintains a competitive edge in the market. Your Impact: Analyze prospective risks and propose benefits, policy forms, terms & conditions, rates and splits that will reasonably achieve targeted profit and are marketable. Recommend declination only when unable to devise a scenario that will reasonably achieve targeted profit and remain marketable. Analyze active risks and propose renewal terms that will reasonably achieve targeted profit and are marketable. Recommend non-renewal only when unable to devise a scenario that will reasonably achieve targeted profit and remain marketable. Answer questions, provide direction and make decisions on issues that arise on a day-to-day basis related to assigned accounts, applying analytical and problem-solving skills, common sense, creativity, and the ability to persuade. Present your position or point of view to prospects, clients, brokers, carriers, coworkers, or others in a fashion that is cogent and convincing, both orally and written. Provide your clients, carriers and coworkers with timely and accurate information on your prospects’ and clients’ programs. Work with senior underwriters to ensure that all programs you underwrite are compliant with the carrier’s requirements and regulatory requirements. Successful Candidate Will Have: Bachelor’s degree or underwriting experience Strong math or financial skills Advanced Microsoft Excel skills Well-developed verbal and written communication skills Ability to work well in a team-based environment About One80: One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, One80 offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services, and warranty business. Launched just four years ago, One80 Intermediaries has grown to be one of the largest intermediaries in the United States. In 2022, Business Insurance ranked One80 as the 5th Largest MGA/Underwriting Manager/Lloyd’s Coverholder, and 5th Largest Underwriting Manager in the country. One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers. One80 Intermediaries offers market leading access to major insurance markets in the US, UK, Canada and Asia, as well as exclusive programs and in-house binding authority for property & casualty, financial lines, personal lines, life insurance, medical stop loss risks, travel/accident and health, executive benefits, affinity business and warranty coverage. One80 serves commercial companies, non-profits, public entities, associations, unions and private individual risks; and has offices in 55 locations throughout the US and Canada.

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