Garage Underwriter Trainee
- Employer
- Verus Underwriting Managers
- Location
- Denver, CO; Phoenix, AZ; Richmond, VA
- Salary
- Competitive Salary and Benefits
- Posted
- Jun 14, 2018
- Closes
- Aug 13, 2018
- Category
- Underwriting
- Job Type
- Full Time
- Career Level
- Experienced (Non-Manager)
Locations: Phoenix or Scottsdale, AZ; Richmond, VA; Denver, CO
At Verus, we believe in focusing on your enthusiasm to ensure we are a dynamic and growing organization. We value the insight our underwriters bring to the organization and will give you the tools to make an impact on the future of the company. Our underwriters have a passion to resolve issues, discover win/win solutions, and keep up with the fast paced environment of Verus.
POSITION QUALIFICATIONS
- Bachelor’s Degree, or equivalent industry experience and training.
- Knowledge in lines of commercial insurance underwriting including Garage and/or Commercial Auto.
- AU or related Designation
RESPONSIBILITIES
Underwriters are curious, creative problem solvers who work with our brokers to create appropriately priced policies to insure their customers' risks. Successful underwriters are skilled in negotiating and collaborating with our brokers to ensure proper risk-selection and pricing.
Job duties include:
- Accept, modify, or reject risks in accordance within Company guidelines and assigned authority level.
- Develop and maintain favorable business relations with brokers including periodic visits.
- Review claims and loss information on individual risks and takes the appropriate action.
- Have a clear understanding of company’s underwriting strategy and guidelines including coverages, hazards, loss trends and competition.
- Select and write new and renewal accounts to achieve profit and production goals.
- Approve risks handled by less experienced underwriters up to the level of assigned authority and act as a resource to them.