Associate Underwriter – Commercial Lines
Jencap, Red Bank, NJ, United States
The
Associate Underwriter
reviews, markets and prices new and renewal applications, endorsements, and related documents within company/agency granted authority. The Associate will support underwriters and agents to ensure delivery, follow‑up and servicing requirements of all new business and renewal accounts.
This position is an in‑office role located at our Red Bank, NJ office.
Responsibilities
Develop the ability to perform risk selection and analysis by examining and evaluating documents such as application forms, inspection reports, financial reports, product brochures, company referral agreements, and other pertinent documents to determine the degree of risk, underwriting and market selection.
Build relationships with agents through in‑house placement of new business.
Effectively communicate with agent or broker clients, company underwriters, internal staff and management to obtain additional information, quote rates, and service existing accounts.
Connect with carrier underwriters to assist in learning coverage, guidelines, and technology.
Maintain renewal book of business/premium as required.
Address assigned workload within quality, productivity and service standards as established by the company/underwriting guidelines.
Respond appropriately and in a timely manner to questions posed by brokers, clients, underwriters and other company personnel.
Participate in special projects as needed.
Requirements
Bachelor’s Degree preferred.
2–5 years of similar related job experience in the insurance industry.
Functional knowledge of product offerings, insurance concepts, practices and procedures.
Strong communication skills and drive for customer excellence.
This role is an in‑office position.
Compensation and Benefits The base salary offered for the successful candidate will be based on compensable factors such as job‑relevant education, job‑relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap also offers a range of benefits and programs, based on eligibility, which currently include but are not limited to comprehensive health care coverage, a 401(k) plan, and tuition reimbursement.
Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.
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Associate Underwriter
reviews, markets and prices new and renewal applications, endorsements, and related documents within company/agency granted authority. The Associate will support underwriters and agents to ensure delivery, follow‑up and servicing requirements of all new business and renewal accounts.
This position is an in‑office role located at our Red Bank, NJ office.
Responsibilities
Develop the ability to perform risk selection and analysis by examining and evaluating documents such as application forms, inspection reports, financial reports, product brochures, company referral agreements, and other pertinent documents to determine the degree of risk, underwriting and market selection.
Build relationships with agents through in‑house placement of new business.
Effectively communicate with agent or broker clients, company underwriters, internal staff and management to obtain additional information, quote rates, and service existing accounts.
Connect with carrier underwriters to assist in learning coverage, guidelines, and technology.
Maintain renewal book of business/premium as required.
Address assigned workload within quality, productivity and service standards as established by the company/underwriting guidelines.
Respond appropriately and in a timely manner to questions posed by brokers, clients, underwriters and other company personnel.
Participate in special projects as needed.
Requirements
Bachelor’s Degree preferred.
2–5 years of similar related job experience in the insurance industry.
Functional knowledge of product offerings, insurance concepts, practices and procedures.
Strong communication skills and drive for customer excellence.
This role is an in‑office position.
Compensation and Benefits The base salary offered for the successful candidate will be based on compensable factors such as job‑relevant education, job‑relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap also offers a range of benefits and programs, based on eligibility, which currently include but are not limited to comprehensive health care coverage, a 401(k) plan, and tuition reimbursement.
Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.
#J-18808-Ljbffr