Program Underwriter

Risk Placement Services, Inc
Whippany, NJ Full Time
POSTED ON 2/18/2022 CLOSED ON 4/15/2022

What are the responsibilities and job description for the Program Underwriter position at Risk Placement Services, Inc?

Risk Placement Services, Inc. is one of the nation’s largest specialty wholesale insurance brokerage firms. We work with top-rated carriers to design robust coverage for our clients. Our employees are fueled by a culture built around teamwork, creativity and responsiveness.


Position Summary

Essential Duties and Responsibilities:
  • Primary focus is to assist Underwriter/Broker Senior in servicing and operational management of accounts.
  • Underwrites, services, and manages assigned accounts.
  • Has Production and Service goals assigned and is measured on attainment of both.
  • Underwrites individual insurance applications to cover property and casualty with guidelines set for the issuance of policies on a standard or substandard basis.
  • Determines whether to accept, modify or decline a risk through evaluation of the property's value, location, usage, and safety features, and other information pertinent to the decision.
  • Has frequent contact with field to gather information on which to base and defend underwriting decisions.
Additional Considerations: Important requirements for any candidate will be knowledge of program underwriting, experience working on new and renewal accounts, knowledge of P&C package and Excess Liability business, and knowledge of AIM/Imageright.

Required:
  • Bachelor's degree and 3 or more years related professional experience required.
  • Working knowledge of Microsoft Windows applications and Microsoft Office.
Work Traits:
  • Assignments are broad in nature and usually require originality and ingenuity.
U.S. Eligibility Requirements:

  • Submit an application and resume/CV online to be considered.
  • Are you 18 years of age or older or can you demonstrate legal capacity to enter a contract?
  • Willing to submit to a background investigation; any offer of employment is conditioned upon the successful completion of a background investigation.
  • Unrestricted work authorization to work in the U.S. For U.S. employment opportunities, Risk Placement Services, Inc. hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H, or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. RPS will require proof of work authorization.
  • Willing to execute RPS’ Employee Agreement or Confidentiality and Non-Disclosure Agreement which requires, among other things, post-employment obligations relating to non-solicitation, confidentiality and non-disclosure.

RPS offers competitive salaries and benefits, including: medical/dental/vision plans, life and accident insurance, 401(K), employee stock purchase plan, educational expense reimbursement, employee assistance program, flexible work hours (availability varies by office and job function) training programs, matching gift program, and more.

Risk Placement Services believes that all persons are entitled to equal employment opportunity and does not discriminate against nor favor any applicant because of race, sex, color, disability, national origin, religion, creed, age, marital status, citizenship, veteran status, gender, gender identity / expression, actual or perceived sexual orientation, or any other protected characteristic. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Risk Placement Services will make reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

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