Underwriter V is responsible for reviewing and analyzing risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Being an Underwriter V calculates renewal rates, and determines appropriate premiums, limits, and coverages. Ensures compliance with all industry and governmental regulations. Additionally, Underwriter V may coordinate with field agents to collect or clarify information or decisions. Requires a bachelor's degree. Typically reports to a manager. The Underwriter V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be an Underwriter V typically requires 10+ years of related experience.
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