Underwriting Analyst

Underwriting Analyst- Immediate Need-Multiple openings!

Job Summary

The Underwriting Analyst role includes assisting with the day to day workflow of the department as well as the authority to make certain decisions based on their knowledge and experience. The team will be trained in accordance to the clients underwriting requirements and trained on the system of record. The tasks include reviewing, analyzing loss and exposure data for homeowner policy submissions from agents and assist with Tier II underwriting calls as needed.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Basic understanding of insurance concepts
• Reviewing submission data thoroughly and extracting relevant information
• Compare and aggregate data across different coverages
• Escalate high risk concerns to the client company per documented guidelines
• Process high volumes of transactions with accuracy rate of 98% or better
• Knowledge of property & casualty insurance coverage and products
• Assist with tracking the quality of processing, recommend corrections, and assist in retraining where necessary
• Identify and assist with implementing workflow improvements
• Attends team meetings and performs other duties as assigned
• Meets or exceeds status for all performance reviews
• Meets or exceeds guidelines of the department’s training matrix
• Meets self-management expectations (arrives on time daily, responsible management of time, conducts themselves in a professional manner, work is delivered at a consistent rate and at a high level of accuracy, etc.)
• Demonstrate behavior consistent with the organization’s values

Competencies

• Ability to learn fast and execute tasks with efficiency
• Communication Proficiency
• An eye for detail
• Decision Making
• Focus on exceeding Client’s expectations
• Committed to continuous self-improvement and adaptive to changes
• Personal Effectiveness/Credibility
• Problem Solving/Analysis
• Technical Capacity
• Thoroughness

Required Education and Experience

• High school diploma or equivalent required; Bachelor’s preferred
• Strong data entry, web/database search and application skills
• Product and coverage knowledge
• Ability to work independently and in a team environment
• Capable of managing multiple deadlines
• Strong organizational and multi-tasking skills
• Thrives in a fast-paced environment and demonstrates teamwork capabilities
• Intermediate Microsoft Office (Word, Excel, Power Point, Outlook)

Preferred Education and Experience

• CPCU or Insurance based Certification
• Bachelor’s degree in related field
• Two years of underwriting experience

Additional Eligibility Qualifications

• Insurance agent’s license.

EEO Statement

Xceedance provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal or local law. Discrimination of any type will not be tolerated.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Job Type: Full-time

Pay: $19.00 - $21.00 per hour

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift

Ability to commute/relocate:

• Worcester, MA 01608: Reliably commute or planning to relocate before starting work (Required)

Work Location: One location