Jobs
>
Philadelphia

    Underwriter II - Philadelphia, United States - Reliance Standard

    Reliance Standard
    Reliance Standard Philadelphia, United States

    3 days ago

    Default job background
    Description
    Independently evaluates and synthesizes information in order to accept, modify, or rejects risks on a case. Has the ability to exercise independence and discretion in making final decision making of risk accepted/rejected.
    Book of business and new business quote activity is comprised of both experience and manually rated cases.

    Utilizes experience in the industry, understanding of the client and marketplace to review and evaluate all assigned risks in the Group lines of business that includes plan design, experience, manual rates and provides guidance to sales, service, and all internal business partners to price and renew all business lines.

    The overall final case position is determined by the Underwriter II.Has a thorough understanding of our manual rating approach, including base rates and factors that drive claims cost changes.

    Understands PACS and evaluates inforce business for cross sell, enrollment, plan design changes and other NBOC (New Business Old Case) situations to help generate additional revenue.

    These factors are utilized in the final position on a case.

    Displays strong understanding of our experience rating methodology and is beginning to understand factors that contribute to aggressive or conservative formula rates and utilizes those in evaluation for overall case position.

    Independently determines.

    Evaluates coverage amounts, premium rates and experience rates on new and inforce business, which includes new business submissions, amendments to in-force plans and renewals exercising independent judgment.

    Develops and maintains a strong relationship with sales and service partners in the field.
    Following analysis and evaluation articulates final decision rationale on case pricing.
    Identifies and communicates to management product risk in a way that is easily understood.
    Knowledge of both pre-sale and renewal underwriting and can complete complex tasks on both independently.

    Effectively collaborates with colleagues in various functions (contracts, claims, compliance) to reach decisions favorable for RSL that are included in the sold case which was finalized by the Underwriter II.Identifies and communicates to management product and systems enhancements for the betterment and continuous improvement of the Underwriting department.

    Leads projects that focus on increasing the efficiency and effectiveness of the underwriting function. These projects will focus on creating more efficient operations leading to overall more enhanced positions being produced. (Typically 15% of time)Trains underwriting staff on underwriting guidelines and principles.
    Mentors Underwriting Trainees.
    Required Knowledge, Skills, Abilities and/or Related ExperienceThree to five years previous relevant underwriting experience required.
    Working knowledge of group products for all lines of coverage.
    Effective verbal and written communication skills.
    Ability to make decisions concerning the acceptability of Group Risks with moderate supervision.
    Strong mathematical skills and analytical skills.
    Excellent organizational skills with the ability to perform detailed and diversified duties including prioritization of high volume/deadline workload.
    High level of customer service orientation.
    Ability to research and solve problems with moderate supervision.
    Proficient in negotiation skills with both internal and external customers.
    Demonstration of project management skills in management of book of business.
    Proficient with Excel, Power Point, and other Microsoft office applications.


    Ability to Travel:

    NoneWork location may be flexible if approved by the Company .What We Offer At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential.

    And we cant do this without our most important assetyou.

    That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.

    An annual performance bonus for all team membersGenerous 401(k) company match that is immediately vestedA choice of three medical plans (that include prescription drug coverage) to suit your unique needs.

    For High Deductible Health Plan enrollees, a company contribution to your Health Savings AccountMultiple options for dental and vision coverageCompany provided Life & Disability Insurance to ensure financial protection when you need it mostFamily friendly benefits including Paid Parental Leave & Adoption AssistanceHybrid work arrangements for eligible rolesTuition Reimbursement and Continuing Professional EducationPaid Time Off, volunteer days, community partnerships, and Employee Assistance ProgramAbility to connect with colleagues around the country through our Employee Resource Group program and our Diversity Equity & Inclusion CouncilOur Values:
    IntegrityEmpowermentCompassionFunEEO StatementReliance Matrix is an equal opportunity employer.

    We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation.

    We assure you that your opportunity for employment depends solely on your qualifications.#LI-Hybrid #LI-LN1 Job Responsibilities and Requirements Independently evaluates and synthesizes information in order to accept, modify, or rejects risks on a case.

    Has the ability to exercise independence and discretion in making final decision making of risk accepted/rejected.
    Book of business and new business quote activity is comprised of both experience and manually rated cases.

    Utilizes experience in the industry, understanding of the client and marketplace to review and evaluate all assigned risks in the Group lines of business that includes plan design, experience, manual rates and provides guidance to sales, service, and all internal business partners to price and renew all business lines.

    The overall final case position is determined by the Underwriter II.Has a thorough understanding of our manual rating approach, including base rates and factors that drive claims cost changes.

    Understands PACS and evaluates inforce business for cross sell, enrollment, plan design changes and other NBOC (New Business Old Case) situations to help generate additional revenue.

    These factors are utilized in the final position on a case.

    Displays strong understanding of our experience rating methodology and is beginning to understand factors that contribute to aggressive or conservative formula rates and utilizes those in evaluation for overall case position.

    Independently determines.

    Evaluates coverage amounts, premium rates and experience rates on new and inforce business, which includes new business submissions, amendments to in-force plans and renewals exercising independent judgment.

    Develops and maintains a strong relationship with sales and service partners in the field.
    Following analysis and evaluation articulates final decision rationale on case pricing.
    Identifies and communicates to management product risk in a way that is easily understood.
    Knowledge of both pre-sale and renewal underwriting and can complete complex tasks on both independently.

    Effectively collaborates with colleagues in various functions (contracts, claims, compliance) to reach decisions favorable for RSL that are included in the sold case which was finalized by the Underwriter II.Identifies and communicates to management product and systems enhancements for the betterment and continuous improvement of the Underwriting department.

    Leads projects that focus on increasing the efficiency and effectiveness of the underwriting function. These projects will focus on creating more efficient operations leading to overall more enhanced positions being produced. (Typically 15% of time)Trains underwriting staff on underwriting guidelines and principles.
    Mentors Underwriting Trainees.
    Required Knowledge, Skills, Abilities and/or Related ExperienceBachelors degree required.
    Three to five years previous relevant underwriting experience required.
    Working knowledge of group products for all lines of coverage.
    Effective verbal and written communication skills.
    Ability to make decisions concerning the acceptability of Group Risks with moderate supervision.
    Strong mathematical skills and analytical skills.
    Excellent organizational skills with the ability to perform detailed and diversified duties including prioritization of high volume/deadline workload.
    High level of customer service orientation.
    Ability to research and solve problems with moderate supervision.
    Proficient in negotiation skills with both internal and external customers.
    Demonstration of project management skills in management of book of business.
    Proficient with Excel, Power Point, and other Microsoft office applications.


    Ability to Travel:

    NoneWork location may be flexible if approved by the Company .What We Offer At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential.

    And we cant do this without our most important assetyou.

    That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.


    Our Benefits:

    An annual performance bonus for all team membersGenerous 401(k) company match that is immediately vestedA choice of three medical plans (that include prescription drug coverage) to suit your unique needs.

    For High Deductible Health Plan enrollees, a company contribution to your Health Savings AccountMultiple options for dental and vision coverageCompany provided Life & Disability Insurance to ensure financial protection when you need it mostFamily friendly benefits including Paid Parental Leave & Adoption AssistanceHybrid work arrangements for eligible rolesTuition Reimbursement and Continuing Professional EducationPaid Time Off, volunteer days, community partnerships, and Employee Assistance ProgramAbility to connect with colleagues around the country through our Employee Resource Group program and our Diversity Equity & Inclusion CouncilOur Values:
    IntegrityEmpowermentCompassionCollaborationFunEEO StatementReliance Matrix is an equal opportunity employer.

    We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation.

    We assure you that your opportunity for employment depends solely on your qualifications.#LI-Hybrid #LI-LN1About Us Reliance Matrix delivers employee benefits, absence management and workforce productivity solutions through the financial stability of a top-rated insurance carrier, the agility and innovative spirit of a Third Party Administrator (TPA), and the daily commitment of thousands of team members across America.

    Where larger competitors offer size, we inspire confidence and long term engagement through integration, reliability and dedication to providing customized solutions.

    Reliance Matrix innovates and provides technology-driven absence and benefit solutions that enable employees and employers to manage time away from work.

    We help employers attract and retain valuable human capital through thoughtful, inclusive benefit programs delivered with care.
    We bring top-tier regulatory knowledge and cutting edge technology to help optimize workforce productivity and compliance.
    We offer a seamless member experience customized to each individuals need and event.
    We integrate our solutions and expertise with leading HR technologies to ensure accuracy, efficiency and a superior customer experience.

    We are a proud member of the global Tokio Marine Group, one of the oldest, largest and most respected insurance organizations in the world.

    In the business hierarchy, human capital is the most precious of assets.

    Reliance Matrix delivers comprehensive, integrated solutions and services to attract, protect and help optimize an employers work force in a changing, challenging world.

    #J-18808-Ljbffr
  • Munich Re Specialty Group

    Underwriting Analyst

    6 days ago

    Munich Re Specialty Group Philadelphia, United States

    Underwriting Analyst · **Company** · Munich Re Specialty Group · **Location** · Philadelphia, United States · **Underwriting Analyst** · We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of ...

  • Combined Insurance

    Commercial Associate Renewal Underwriter

    5 days ago

    Combined Insurance Philadelphia, United States

    Chubb Group of Insurance Company's Philadelphia Office is currently seeking an Underwriter to join its Commercial team in the Eastern Underwriting Center. · The Commercial Associate Renewal Underwriter · Main responsibilities include: · - Underwrite and negotiate renewals and end ...

  • Chubb

    Commercial Associate Renewal Underwriter

    5 days ago

    Chubb Philadelphia, United States

    Chubb Group of Insurance Company's Philadelphia Office is currently seeking an Underwriter to join its Commercial team in the Eastern Underwriting Center. · The Commercial Associate Renewal Underwriter · Main responsibilities include: · - Underwrite and negotiate renewals and end ...

  • Chubb

    Underwriter

    1 day ago

    Chubb Philadelphia, United States

    Underwriter, Environmental Storage Tanks · Expect to underwrite and support Chubb Environmental Storage Tank products, market presence and book of business through direct prospect and producer development, maintain service standards and assist in development of the company's str ...

  • Berkley

    Environmental Underwriter

    1 day ago

    Berkley Mount Laurel, United States

    Company Details: · **"Our Company provides a state of predictability which allows brokers and agents to act with confidence."** · Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and cas ...

  • HSB

    Underwriting Assistant

    4 days ago

    HSB King of Prussia, United States

    Underwriting Assistant · **Company** · HSB · **Location** · King of Prussia, United States · Provides support to Underwriters using established performance standards and guidelines that are responsive to marketing, underwriting, retention and services goals that facilitate sound ...

  • Chubb

    VP, Underwriting

    4 days ago

    Chubb Philadelphia, United States

    Chubb Global Casualty - Domestic · Work with assigned regional offices field offices and various support centers of Chubb Global Casualty to coordinate their efforts toward achieving profitable underwriting results for the business unit. These units include Operations, Claims, Ac ...

  • Independence Blue Cross

    Senior Pharmacy Underwriter/ Pharmacy Underwriter

    3 days ago

    Independence Blue Cross Philadelphia, United States

    Our organization is looking for dynamic individuals who love to learn, thrive on innovation, and are open to exploring new ways to achieve our goals. If this describes you, we want to speak with you. You can help us achieve our vision to lead nationally in innovating equitable wh ...

  • Chubb

    Senior Underwriter

    2 weeks ago

    Chubb Philadelphia, United States Full time

    Job Description · KEY OBJECTIVES · Responsible for Major Accounts Property growth and underwriting business strategies by executing upon established team action plans and goals for the Pacific region. Key measurements include achieving profitable underwriting results through the ...

  • General Placement Service

    Senior Underwriter

    17 hours ago

    General Placement Service Philadelphia, United States

    Job Description Job Description General Placement Service is working with an A+ rated reinsurance carrier seeking a Senior Underwriter to manage an assigned territory in the Chicago area. Ideal candidates should have extensive knowledge of large, complex commercial property accou ...

  • Ryan Specialty

    Associate Underwriter

    3 days ago

    Ryan Specialty Philadelphia, United States

    Position Summary: · The Associate Underwriter performs tasks which assist in meeting production goals by acting as a liaison for underwriters, brokers, and customers and assisting with tasks and training associated with underwriting. · Essential Functions:Acts as liaison betwee ...

  • Global Recruiters of Richmond (GRN)

    Senior Underwriter

    1 day ago

    Global Recruiters of Richmond (GRN) Philadelphia, United States

    This role is considered a Senior Underwriter and will work some production as well as mentor and coach less experienced UW in Medical Stop Loss. This role will provide technical expertise in evaluating new business and renewals, providing quotes which reflect the risk profile of ...

  • Chubb

    Senior Underwriter

    1 week ago

    Chubb Philadelphia, United States

    Job Description · Chubb is currently looking for a Senior Loss Sensitive Underwriter. · The Senior Loss Sensitive Underwriter will be responsible for assisting in the transaction of loss rated business for the New York Region. The individual is expected to underwrite GL, Auto a ...

  • Crum and Forster

    Executive Underwriter

    3 days ago

    Crum and Forster Philadelphia, United States

    · Executive Underwriter - Large Casualty Risk Management · Job Locations · US-PA-PHILADELPHIA | US-PA-Remote · Job ID · Category · Underwriting · Type · Regular · Division · Comm Lines & Exec Risk · Crum & Forster Company Overview · Crum & Forster (C&F), with a proud history dat ...

  • General Placement Service

    Senior Underwriter

    3 days ago

    General Placement Service Philadelphia, United States

    Job Description · Job DescriptionGeneral Placement Service is working with an A+ rated reinsurance carrier seeking a Senior Underwriter to manage an assigned territory in the Chicago area. Ideal candidates should have extensive knowledge of large, complex commercial property acco ...

  • Crum and Forster

    Executive Underwriter

    6 days ago

    Crum and Forster Philadelphia, PA, United States

    Executive Underwriter - Large Casualty Risk Management · Job Locations · US-PA-PHILADELPHIA | US-PA-Remote · Job ID · Category · Underwriting · Type · Regular · Division · Comm Lines & Exec Risk · Crum & Forster Company Overview · Crum & Forster (C&F) , with a proud hi ...

  • Global Recruiters of Richmond (GRN)

    Senior Underwriter

    3 days ago

    Global Recruiters of Richmond (GRN) Philadelphia, United States

    This role is considered a Senior Underwriter and will work some production as well as mentor and coach less experienced UW in Medical Stop Loss. This role will provide technical expertise in evaluating new business and renewals, providing quotes which reflect the risk profile of ...

  • Reliance Standard

    Underwriter Sr.

    3 days ago

    Reliance Standard Philadelphia, United States

    Job Responsibilities and Requirements · This role is focused on the absence quoting and renewal processing for a portfolio of clients with 5000 lives and over. The candidate will actively participate in large case roundtable discussions with account management and Large Case Com ...

  • Crum & Forster

    Executive Underwriter

    3 days ago

    Crum & Forster Philadelphia, United States

    Crum & Forster Company Overview: · Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) ...

  • Chubb

    Underwriter, Environmental

    4 days ago

    Chubb Philadelphia, United States Full time

    Job Description · Underwriter, Environmental Storage Tanks · Expect to underwrite and support Chubb Environmental Storage Tank products, market presence and book of business through direct prospect and producer development, maintain service standards and assist in development of ...