Underwriter II

Underwrites applications with guidelines set for the issuance of policies on a standard or substandard basis.  Determines whether to accept, modify or decline a risk through the evaluation of information pertinent to the decision.  Analyzes data to determine benefits and rates.  Has contact with others to gather information on which to base and defend underwriting decisions.  Depending on area may have the following responsibilities: contact with Department of Insurance Personnel, create or review rating materials for accuracy, reply to Department of insurance complaints and Market conduct requests, communicate program changes to clients via bulletins, and/or review and recommend policy language changes.

 

Duties:

Applies underwriting and risk selection techniques to determine the acceptability of new and renewal insurance risks.  Responds to inquiries regarding underwriting processes and decisions, interpretation of policy forms and coverage’s, and premium levels.  Uses clear guidelines, an underwriting manual, and established authority levels.  Makes independent decision within guidelines and procedures.

 

 



Experience:

2-3 years of related experience in the function or similar activity outside the company.  Has gained knowledge & experience with computer system and company products & services.

 

Supervision:

Works under direct supervision

Selects from a variety of established procedures to accomplish assigned tasks.

 

Skills:

 Applies the basic skills learned and begins to develop  problem solving skills to the position.