Job Opening for Jr. Underwriter in Accurisk Solutions LLC (Marshfield, MA 02050)



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Job Category : Business
Company Name: Accurisk Solutions LLC
Position Name: Jr. Underwriter
Location : Marshfield, MA 02050
Job Description : Position Summary
The Underwriting position is primarily responsible for risk analysis and participating in engaging discussions around risk management, negotiating with broker partners, and presenting pricing analysis to member driven groups.
Job Duties
Collect appropriate and accurate information required to assess potential clients and decide on the acceptable risk for a policy.
Review policy applications based on the previous loss records, age, medical report, credit ratings and driving records.
Prepare reports that detail risk assessment findings that contribute to the final decision.
Compare various policies having similar risk undertaking and conduct actuarial studies to decide on the company’s loss records.
Evaluate policies with regards to the company’s underwriting standards.
Decide to accept, modify, or reject an insurance application after scrutiny of all the required documents and studies regarding the risk involved.
Analyze statistical data using specialized computer programs.
Write quotes, determine premiums and coverage, and negotiate terms with brokers and clients.
Carefully select the wording of policies and prepare the terms and conditions.
Handle queries from credit control departments, brokers, and clients.
Knowledge, Skills & Abilities
Degree in finance or business administration.
At least 2 years’ experience as an Underwriter.
Analytical thinker with research proficiencies.
Ability to use reasonable and sound judgment.
Strong problem-solving and decision-making skills.
Thorough knowledge of databases and tracking systems.
Solid organizational skills and detail oriented.
Ability to work under pressure and meet strict deadlines.
Strong interpersonal and negotiation skills.
Strong IT, math, and statistical skills.
Deep knowledge of underwriting regulations.
Ability to build positive relationships and partnerships with clients, brokers, and key role-players.

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