A Property and Casualty Underwriter is responsible for evaluating and assessing insurance applications for property and casualty coverage, such as home, auto, and business insurance. They analyze risk factors, review policy terms and conditions, and determine appropriate coverage and premium rates. Underwriters also collaborate with insurance agents and brokers to gather necessary information and make informed decisions about policy approvals or rejections. Additionally, they may be involved in developing underwriting guidelines, monitoring industry trends, and ensuring compliance with regulatory requirements. Strong analytical skills, attention to detail, and a thorough understanding of insurance principles are essential for success in this role.
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Top Property Casualty Underwriting Executive oversees all aspects of the property casualty underwriting business line. Develops procedures and guidelines regarding risk management, application and renewal, and application and rejection. Being a Top Property Casualty Underwriting Executive researches and monitors changes to laws and regulations which impact Property and Casualty insurance products. Requires a bachelor's degree. Additionally, Top Property Casualty Underwriting Executive typically requires certification as a Chartered Property Casualty Underwriter (CPCU). Typically reports to top underwriting executive. The Top Property Casualty Underwriting Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Property Casualty Underwriting Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.