Underwriting Specialist

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

📋 Description

• Evaluate Property & Casualty insurance policies, such as Commercial Property, Commercial Auto, General Liability, and GAP Coverage, to identify completion and coverage deficiencies.

• Review loss runs and claims history to propose underwriting terms, conditions, and risk mitigation strategies.

• Complete intake forms for commercial policies and collect underwriting data pertinent to P&C exposures.

• Conduct underwriting discussions with clients to address uninsured or underinsured risks and gather information for actuarial pricing.

• Assess policy renewal details, formulate and underwrite renewal positions, and prepare quote summaries with supporting documents for approval.

• Submit case files for risk analysis and actuarial pricing reporting.

• Scrutinize extensive data and information for precision and completeness.

• Assess client exposures and suggest coverage improvements.

• Distribute underwriting documents to clients that support the recommended eligible coverages.

• Clarify definitions and applications of Oxford’s coverage lines, with a focus on Property & Casualty, Auto, General Liability, and GAP Coverage solutions.

• Collaborate with the Claims Department for underwriting approvals and claims trend evaluations.

• Stay updated on industry trends, underwriting guidelines, regulatory standards, and emerging risks affecting the Property & Casualty insurance sector.

⛳️ Requirements

• A Bachelor’s degree is required.

• Minimum of 5 years of underwriting experience is necessary.

• At least 2 years of experience in reviewing and underwriting Property & Casualty insurance policies, including Commercial Auto, General Liability, and GAP Coverage programs, as well as servicing claims, is required.

• P&C license or industry designation is preferred.

• Strong background in Property & Casualty, focusing on reviewing policies to ensure complete documentation, identifying coverage gaps, and assessing complex risk exposures.

• Knowledge of underwriting principles related to Commercial Property, Commercial Auto, General Liability, Umbrella/Excess Liability, and GAP Coverage products.

• Experience in analyzing loss runs, claims trends, exposure data, and renewal information to aid underwriting decisions.

• Exceptional communication, administrative, organizational, multitasking, critical-thinking, decision-making, and problem-solving abilities.

• Capability to work independently and thrive under pressure.

• Skill in handling confidential information with discretion.

• Captive insurance experience is preferred.

🏝️ Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.

• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement.

• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services.

• Paid Time Off.

• Holidays.

• Preferred Partner Discounts.

• Additional benefits may be available; enrollment waiting periods or eligibility criteria might apply to specific benefits.

• Benefit details and offerings may differ for subsidiary entities or in particular geographic areas.