Binding Authority Underwriting Coordinator

This is a fully remote position, open to applicants in United States.

📋 Description

• Assist the underwriter in the decision-making process by evaluating and analyzing underwriting applications and forms.

• Assess the quality, quantity, and profitability of highly complex risks being underwritten.

• Create and deliver reports to management.

• Review submission and account information in collaboration with the underwriter.

• Oversee the quoting, binding, and issuance processes.

• Research and apply appropriate rates, coverages, and policy forms.

• Issue notices for cancellation, nonrenewal, and reinstatement.

• Build and sustain relationships with underwriters, producers, brokers, reinsurers, agencies, and major producers.

• Ensure accurate file documentation in accordance with company standards.

• Perform data analysis and contribute to risk assessment efforts.

• Manage special underwriting projects and other assigned responsibilities.

⛳️ Requirements

• A Bachelor’s degree is required; Business Administration or Risk Management is preferred; relevant discipline or equivalent work experience may be considered.

• Minimum of 1 year of related experience or experience in a comparable role.

• Strong analytical and problem-solving capabilities.

• Ability to manage and prioritize various projects simultaneously.

• Advanced technical expertise and underwriting proficiency.

• In-depth knowledge of insurance and underwriting principles, practices, and procedures.

• Must meet minimum requirements for state P&C and/or surplus line licenses.

• Associate in Insurance Services (AIS) certification is preferred.

• Familiarity with insurance regulations, risk evaluation, policy language, data analysis, portfolio management, and documentation practices.

• Strong project management and time management abilities.

• Proficient in negotiation, presentation, interpersonal, collaboration, and relationship-building skills.

🏝️ Benefits

• Paid time off for company holidays, vacation, sick leave, and personal days.

• Paid parental leave.

• Access to mental health services.

• Bonuses available for full-time positions.

• Comprehensive benefits package.

• Reasonable accommodations provided for individuals with disabilities.