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Jimcor Agency Inc. Underwriter, Boston in Hopkinton, Massachusetts

Job Summary:

This position is involved in the review and appraisal of applications for  insurance  placement . Uses knowledge and independent judgment to determine eligibility of risks when compared to guidelines of programs available. Interacts with Companies and Brokers via telephone, e-mail, regular mail and personal contact.

Essential Duties and Responsibilities:

  • Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available.

  • Evaluate the experience of a risk against the class of business under review.

  • Evaluate the loss potential due to catastrophe, severity, and/or frequency.

  • May rate policies or check previously rated policies for proper rating.

  • Utilizes knowledge of automated systems to develop information for new or renewal policies.

  • Prepares quotations for agents and answers questions from agents, policyholder, or prospects.

  • Assists agents with comments or questions about applications and the likelihood of acceptance by the company.

  • Reviews requests for cancellation, endorsements, etc.

  • Reviews policies for renewal consideration.

  • Request additional documentation necessary for the processing of an application, endorsement or cancellation.

  • Conduct marketing visits to agents. 

  • Performs other duties as assigned.

Qualifications/Requirements:

  • Must have Producer’s License.

  • 3 plus years of insurance experience.

  • Prior exposure to insurance underwriting type activities.

  • Basic familiarity with computers.

  • Good oral and written communications skills.

  • Strong analytical skills and the ability to pay attention to details.

  • Resourceful and controlled assertive behavior characteristics.

  • Must have demonstrated negotiation skills

  • Technical knowledge of insurance coverage forms and their application to exposure.

  • Knowledge of departmental regulations and policies.

  • Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices.

  • Strong interpersonal skills working with Staff and Company Underwriters

  • Experience in standard underwriting practices and procedures.

  • Associated classes or courses and/or industry license, or designation.

Visit Us On LinkedIn: https://www.linkedin.com/company/jimcor-agencies/

View All Openings: https://www.jimcor.com/join-our-team

Website: www.jimcor.com

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