Summit, NJ, USA
33 days ago
Underwriter

About Specialty Program Group:

Our goal is to partner with industry-leading specialty businesses to provide them with the ability to achieve their goals and optimize their businesses. Specialty Program Group offers access to capital and investment, deep carrier relationships, creative thinking, product development and broad distribution, while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group delivers leading-edge specialty expertise backed by transformative digital capabilities and sophisticated data and analytics. 

About New Heights Insurance:

New Heights Insurance Solutions a division of SPG Insurance Solutions is a growing, and successful property and casualty insurance wholesaler and managing general agency based in Doylestown, PA , with remote staff.. We sell exclusively to retail and wholesale agencies across the country with a focus on commercial construction risks.

Position Summary

This is a full-time remote role for an Underwriter at New Heights Insurance Solutions, a Division of Specialty Program Group. The Underwriter will be responsible for analyzing insurance applications, determining coverage amounts and premiums, evaluating clients' risk levels, and ensuring compliance with underwriting guidelines and more.

Key Responsibilities

Risk Assessment: Analyze applications and related documents to assess the risk involved in insuring an individual or entity.

Policy Evaluation: Review policy terms and conditions, ensuring they align with company standards and regulations.

Data Analysis: Utilize statistical data and/or risk assessment software to make informed decisions on coverage.

Communication: Liaise with agents, brokers, and clients to gather information and clarify details about applications.

Decision Making: Approve, modify, or decline insurance applications based on risk evaluation.

Documentation: Maintain accurate records of underwriting decisions and rationale for future reference.

Regulatory Compliance: Ensure compliance with industry regulations and company policies.

Continuous Education: Stay updated on industry trends, regulations, and changes in underwriting guidelines.

Collaboration: Work closely with claims adjusters, actuaries, and other professionals to refine risk assessment processes.

Reporting: Generate reports on underwriting activities and trends for management review.

Qualifications

Strong analytical and decision-making skills

Excellent attention to detail and risk assessment abilities

Knowledge of insurance policies, regulations, and underwriting principles

Effective communication and interpersonal skills

Property casualty license

Relevant certification such as Chartered Property Casualty Underwriter (CPCU) is a plus

Education Requirements

High school diploma required; College or Associates degree preferred

Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $60,000 to $80,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.

#SPG

Department Underwriting

Required Experience: 2-5 years of relevant experience

Required Travel: No Travel Required

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .

EEOAA Policy

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 or USRecruiting@hubinternational.com. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

Confirm your E-mail: Send Email