Underwriter (Life) jobs in Santa Cruz, CA
Underwriter (Life) reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) typically reports to a supervisor or manager. The Underwriter (Life) works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Underwriter (Life) jobs
Underwriter
- Alliance Member Servic
-
Santa Cruz, CA
FULL_TIME
-
Underwriter
Summary
Reporting to the Underwriting Manager and operating within guidelines established in the NIAC / ANI underwriting manual, performs risk selection and pricing on new business, renewals and endorsements. Reviews new business and renewal quotes prior to issuance. Makes marketing calls to members and brokers on an as needed basis. This position requires a great deal of creativity and latitude. Makes some marketing calls to members and brokers on an as needed basis. The requirements listed below are representative of the knowledge, skill, and/or ability required but are not all inclusive. Prior experience working remote out of a home office is required for remote positions.
ResponsibilitiesThe Underwriter I responsibilities include but are not limited to:- Assess and price new business, renewals and endorsements according to guidelines and authority as outlined in the underwriting manual. Lines of business to underwrite include general liability, auto liability and physical damage, improper sexual conduct, liquor liability, employee benefits liability, umbrella, property and crime, social service professional liability, directors’ & officers, employment practices liability and accident
- Prepare the underwriting and rating work-up on all new business and renewal policies as assigned. Such work-up to include but is not limited to:
- Select and/or verify class code and premium base and rating exposure
- Calculate final premium including specialty charges (special events and additional insureds)
- Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk
- Determine coverage forms and necessary endorsements
- Effectively communicate to broker quote conditions
- Provide accurate documentation in the file and/or in electronic notes of underwriting thought process
- Ability to think outside of the box and develop solutions for our members that address their specific insurance needs
- A personal commitment to providing Inspired Service in every internal and external client engagement
- Provide customer service by responding promptly and courteously to all requests for information
- Ensure timely and accurate preparation for issuance of policies
- Effectively communicate company standards, mission, underwriting guidelines, and requirements to brokers and/or members
- Provide accurate documentation in the file and/or in electronic notes of underwriting thought process.
- Order/review inspection reports to assess risk quality and to confirm exposure base accuracy
- Actively manage assigned book of business. Responsible for achieving company renewal retention ratio goal and amount of new business written on a monthly basis in addition to company profitability goals
- Actively manage relationships with assigned brokers, customers and members.
- Ensure that information available from internal and external resources is properly integrated into underwriting decision making
- Ensure that referral guidelines are properly followed regarding all lines of business underwritten
- Provides training and mentoring for other members of the Insurance Operations team when required
- Miscellaneous tasks – Any and all assignments related to the insurance operations department as requested
- Some travel required
Required Skills- Strong technical P&C underwriting knowledge and skills
- Intermediate knowledge of ISO commercial class codes and CLM rules, forms, rating and regulatory requirements
- Strong knowledge of NIAG polices and coverages and how they differ from competitor’s forms and coverages.
- Strong knowledge of underwriting and pricing principles and the ability to use this knowledge to make underwriting and pricing decisions with little oversight
- Results-oriented, self-motivated problem solver with excellent verbal and written communication skills
- Consistent customer service focus for members and brokers
- Ability to organize and prioritize workload with little supervision and efficiently make sound business decisions within level of authority
- Capacity to manage multiple tasks in response to both written and verbal requests
- PC literate. Basic to intermediate skills with Word, Outlook and Power Point. Intermediate skills in Excel
- Should expect to assist with training and development of less experienced staff. This includes the ability to do formal and informal training sessions/classes
- Candidate should possess excellent written and verbal communication skills, and sharp attention to detail. This includes strong documentation skills
- Ability to collaborate with other staff members and external constituents
- While performing the duties of this job, the employee is required to climb, stoop, bend, reach or sit for up to 3 hours at a time. The employee must occasionally lift/and or move up to 20lbs
- Must have adequate vision (with corrective lenses if needed) to clearly view computer screen
- Must have adequate hearing to perform job tasks
Experience- 2-4 years working as an Underwriter I or have minimum 5 years as Commercial CSR or Associate Underwriter or equivalent preferred
- Experience in a multi-state and multi-line commercial insurance environment preferred
- Prior experience working remotely from a home office 100% of the time is required for remote positions
Education- 4-year degree (or directly-related equivalent experience) preferred
- CIC, AU, AINS or comparable designations preferred
Compensation: The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors including the location, skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for additional incentive compensation upon achievement of individual and company goals.Salary Range
73,000 - 100,000
- 1 Month Ago
Associate Underwriter
- Alliance Member Servic
-
Santa Cruz, CA
FULL_TIME
- SummaryReporting to the Underwriting Manager and operating within guidelines established in the NIAC / ANI underwriting manual, performs risk selection and pricing on renewals, new business and endors...
- 17 Days Ago
Associate Underwriter
- Alliance Member Servic
-
Santa Cruz, CA
FULL_TIME
- SummaryReporting to the Underwriting Manager and operating within guidelines established in the NIAC / ANI underwriting manual, performs risk selection and pricing on renewals, new business and endors...
- 25 Days Ago
Deli Manager
- Staff of Life | Staff of Life
-
Santa Cruz, CA
FULL_TIME
- Staff of Life is a locally owned and operated pioneer in the natural foods industry since 1969. We offer competitive pay and benefits (including comprehensive insurance coverage and 401k). We are seek...
- 12 Days Ago
Vitamin & Cosmetics HABA stocking
- Staff of Life | Staff of Life
-
Santa Cruz, CA
FULL_TIME
- Wellness Department- HABA (Vitamins, Cosmetics, Body Care, Gifts/ Lifestyles) Clerk Overview Full TIME - $15.5/hour- . Off hours Stocking position The Staff of Life is a local natural foods market. We...
- 1 Month Ago
Produce Assistant Manager
- Staff of Life
-
Watsonville, CA
FULL_TIME
- The position also includes ordering and managing inventory. POSITIVE ATTRIBUTESKnowledge of produce handlingBasic knowledge of computers including Microsoft Office, Internet and EmailFamiliarity with ...
- 9 Days Ago
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0 Underwriter (Life) jobs found in Santa Cruz, CA area
Commercial Banker - San Jose, CA
- Zions Bancorporation
-
San Jose, CA
- Associates at California Bank & Trust work in a relationship-centered culture where they are provided with the tools, tr...
- 4/19/2024 12:00:00 AM
Executive Contract Surety Underwriting Specialist | Remote
- King's Insurance Staffing
-
San Jose, CA
- Our client, an A-rated National P&C Insurance Leader, is continuing to expand their Contract Surety Bond Division and se...
- 4/18/2024 12:00:00 AM
Sales Representative - Remote
- InsuraTec Services Group
-
Santa Cruz, CA
- Sales Representative - Remote Company: InsuraTec Services Group Location: Remote About Us: InsuraTec Services Group is a...
- 4/18/2024 12:00:00 AM
Remote Insurance Agent
- Propel Personnel
-
San Jose, CA
- Job Description Job Description Remote Insurance Agent Job Overview Join one of the nation’s leading Fortune 100 Insuran...
- 4/17/2024 12:00:00 AM
Sales Representative - Remote
- InsuraTec Services Group
-
Watsonville, CA
- Sales Representative - Remote Company: InsuraTec Services Group Location: Remote About Us: InsuraTec Services Group is a...
- 4/17/2024 12:00:00 AM
Sales Representative - Remote
- InsuraTec Services Group
-
Gilroy, CA
- Sales Representative - Remote Company: InsuraTec Services Group Location: Remote About Us: InsuraTec Services Group is a...
- 4/17/2024 12:00:00 AM
San Jose, CA - Field Inspector - Insurance Loss Control
- H & S Loss Control Inspections
-
San Jose, CA
- Qualified Field Inspectors for Insurance Loss Control are needed in your area! Immediate placement available. Pay: We pa...
- 4/16/2024 12:00:00 AM
Sales Representative - Remote
- InsuraTec Services Group
-
Mountain View, CA
- Sales Representative - Remote Company: InsuraTec Services Group Location: Remote About Us: InsuraTec Services Group is a...
- 4/16/2024 12:00:00 AM
About Santa Cruz, California
Santa Cruz (/ˈsæntə ˈkruːz/, Spanish: Holy Cross) is the county seat and largest city of Santa Cruz County, California. As of 2013 the U.S. Census Bureau estimated Santa Cruz's population at 62,864.
Situated on the northern edge of Monterey Bay, about 32 mi (51 km) south of San Jose and 75 mi (120 km) south of San Francisco, the city is part of the 12-county San Jose-San Francisco-Oakland Combined Statistical Area.
Santa Cruz is known for its moderate climate, natural environment, coastline, redwood forests, alternative community lifestyles, and socially liberal leanings. It is also home to th...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Underwriter (Life) jobs
$58,627 to $72,850
Santa Cruz, California area prices
were up 2.5% from a year ago
were up 2.5% from a year ago
What does an Underwriter (Life) do?
Underwriter (Life) in Pittsburgh, PA
The underwriter has a challenging task in reviewing this material and making tough decisions regarding information to include or exclude, and the weight to apply to specific data.
March 03, 2020
Underwriter (Life) in Lynchburg, VA
Underwriting is the lengthiest part of the life insurance application process.
February 09, 2020
Life insurance underwriting is where your premiums, approval or denials are established.
January 25, 2020
Underwriter (Life) in Charlotte, NC
The main responsibility of an underwriter is to approve and adjust insurance policies. So, just how does that translate into a day-to-day job.
January 11, 2020