Underwriter (Life) jobs in Cascade, MD

Underwriter (Life) reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) typically reports to a supervisor or manager. The Underwriter (Life) works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Underwriter
  • Selective Insurance
  • Hunt Valley, MD FULL_TIME
  • At Selective, we don't just insure uniquely, we employ uniqueness.

    Our Business

    Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2023 and certification as a Great Place to Work® in 2023.

    Working at Selective

    At Selective, we don't just insure uniquely – we employ uniqueness. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

    Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting process.

    Underwrites renewal business, working with appropriate supervision within a letter of authority issued by the Underwriting Manager on accounts with varying levels of complexity, hazard grade, and premium. Handles the daily service demands of our agents in support of individual and team goals, with a working understanding of coverage, products, underwriting system transactions, and State specific LOB filings.

    Responsibilities

    • Underwrite and process assigned renewal policies, which includes applying knowledge of coverage forms, rating plans and guidelines in the selection and pricing of individual risks, change requests, and open communication with internal and external customers. Ensure adequate pricing of individual risks through proper classification, Knowledge Management/Predictive Modeling, accuracy of information and adherence to company underwriting standards and philosophy. Refer all accounts outside authority level to the appropriate level.
    • Respond to agents' inquiries on coverage, and adjust policy information based upon prescribed authority.
    • Work within specific level authority to quote, accept, decline, modify and renew risks within territorial assignment in accordance with accepted underwriting guidelines. Work in collaboration with Agents, AMS, team members and other departments to grow and maintain a profitable book of business.
    • Provide guidance to internal and external customers regarding various underwriting information. Effectively communicate underwriting decisions and appetite to internal and external customers. Reinforce the ease of doing business with Selective by meeting or exceeding customers’ expectations and service quality on a consistent basis.
    • Develop and maintain effective working relationships with internal and external customers, peers and management. Conduct agency visits. Communicate openly and in a timely fashion. Work diligently to achieve individual and team goals. Support all team decisions.
    • Actively support continuous improvement.
    • Engage in ongoing development of technical skills and knowledge of Selective's products and services.
    • Must have a valid license and be able to drive an automobile to support company travel within territory. Car travel represents less than 5% of employee’s time.

    Qualifications

    • Demonstrated effective written and verbal communication skills
    • Demonstrated effective written and verbal communication skills
    • Ability to solve problems and make sound decisions
    • Ability to multi-task and manage workflows to meet production and service expectations
    • Ability to develop and establish effective relationships with internal and external customers/peers
    • Strong commitment to professional development through on-the-job learning, self-study and training Ability to adapt to change as the company moves forward in its strategic vision
    • Proficiency in use of all supplied desktop tools, including the automated underwriting and email systems
    • Must have valid state-issued driver’s license in good standing.
    • College degree preferred
    • 3 years of experience in commercial underwriting preferred (underwriting support, trainee, underwriter)
    • Completion of basic insurance coursework preferred

    The expected starting salary range for an Underwriter is $54,000 - $77,000 The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

    Selective is an Equal Employment Opportunity employer.  That means we respect and value every individual’s uniqueopinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

    Selective maintains a drug-free workplace.
  • Just Posted

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Underwriter
  • Selective Logo
  • Hunt Valley, MD FULL_TIME
  • At Selective, we don't just insure uniquely, we employ uniqueness. Our Business Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent finan...
  • 1 Day Ago

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Underwriter
  • McGowan and Company
  • Woodstock, MD FULL_TIME
  • Job Title: Underwriter – Property/Casualty: Habitational Programs Department: McGowan Program Administrators Manager: Jeffrey H. Marsh, Director of MPA Status: Exempt Please Note: Salary range is comm...
  • 14 Days Ago

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Underwriter - Hybrid
  • Selective Insurance
  • Hunt Valley, MD FULL_TIME
  • DescriptionAt Selective, we don't just insure uniquely, we employ uniqueness. Our Business Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consi...
  • Just Posted

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Commercial Underwriter
  • Harford Mutual Insurance Group
  • Bel Air, MD OTHER
  • Job Details Level: Experienced Job Location: Home Office - Bel Air, MD Position Type: Full Time Education Level: 4 Year Degree Salary Range: Undisclosed Travel Percentage: Negligible Job Category: Ins...
  • Just Posted

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Account Underwriter
  • Allianz Trade in North America
  • Owings Mills, MD FULL_TIME
  • Reporting Line: AVP. Account Underwriting ManagerJob Purpose: Achieve retention and profitability targets through providing first class service to portfolio of assigned policyholders, managing agent r...
  • 4 Days Ago

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0 Underwriter (Life) jobs found in Cascade, MD area

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Commercial Insurance Inspector- (Cumberland / Hagerstown, MD.)
  • Exl Service
  • Hagerstown, MD
  • Commercial Insurance Inspector- (Cumberland / Hagerstown, MD.) Thursday, May 30, 2024The CompanyCommercial and personal ...
  • 6/7/2024 12:00:00 AM

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Hybrid Administrative Assistant
  • Aston Carter
  • Frederick, MD
  • Hybrid Administrative Assistant | Frederick, MD | Contract Why this company? Aston Carter is hiring for a great role wit...
  • 6/7/2024 12:00:00 AM

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Entry Level Recent graduates Sales Loan Processor
  • Latitude Inc
  • Frederick, MD
  • Job Title: Entry-Level Loan Processor Location: Frederick, MD Starting Salary: $55,000 + Benefits Overview: Are you a re...
  • 6/6/2024 12:00:00 AM

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Loan Processor
  • Latitude Inc
  • Frederick, MD
  • The Entry Level Loan Processor will play a crucial role in supporting our loan processing operations. This individual wi...
  • 6/5/2024 12:00:00 AM

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Loan Officer
  • Latitude Inc
  • Frederick, MD
  • Job Title: Loan Officer Location: Frederick, Maryland Salary Range: $80,000 - $100,000 (Total Compensation: $145,000 - $...
  • 6/5/2024 12:00:00 AM

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Mortgage Loan Officer
  • Latitude Inc
  • Frederick, MD
  • We are seeking an experienced and motivated Mortgage Loan Officer to join our lending team. The Mortgage Loan Officer wi...
  • 6/5/2024 12:00:00 AM

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Consumer Loan Processor
  • HFS Financial LLC
  • Reisterstown, MD
  • Job Description Job Description Process consumer loan applications and associated documents(NO MORTGAGES) · Ex: Income a...
  • 6/4/2024 12:00:00 AM

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P/T Customer Service Rep. (State Farm Agency) - Spanish preferred
  • Mark Agency LLC
  • Frederick, MD
  • Job Description Job Description We are seeking a part-time Bilingual Spanish Customer Relations Representative to join o...
  • 6/4/2024 12:00:00 AM

Highfield-Cascade is a census-designated place (CDP) in Washington County, Maryland, United States. The population was 1,141 at the 2000 census. Highfield-Cascade is located at 39°43′0″N 77°29′27″W / 39.71667°N 77.49083°W / 39.71667; -77.49083 (39.716692, −77.490887). According to the United States Census Bureau, the CDP has a total area of 1.7 square miles (4.4 km2), all of it land....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Underwriter (Life) jobs
$51,153 to $63,558
Cascade, Maryland area prices
were up 1.5% from a year ago

Underwriter (Life) in Pittsburgh, PA
The underwriter has a challenging task in reviewing this material and making tough decisions regarding information to include or exclude, and the weight to apply to specific data.
March 03, 2020
Underwriter (Life) in Lynchburg, VA
Underwriting is the lengthiest part of the life insurance application process.
February 09, 2020
Life insurance underwriting is where your premiums, approval or denials are established.
January 25, 2020
Underwriter (Life) in Charlotte, NC
The main responsibility of an underwriter is to approve and adjust insurance policies.  So, just how does that translate into a day-to-day job.
January 11, 2020