Underwriter (P/C) analyzes and reviews inspection reports, location, risk, credit reports, etc. to accept or reject renewal/new property and casualty policy applications. Decides on appropriate premium rates and issues coverage. Being an Underwriter (P/C) provides customer services regarding underwriting processes and decisions. May communicate with field agents to gather additional information or to explain underwriting decisions. Additionally, Underwriter (P/C) typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter (P/C) work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Underwriter (P/C) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
The Underwriter is responsible for evaluating risk and making loan decisions based on existing underwriting guidelines and information and documentation provided in the loan file.
The Underwriter will be responsible for completing the following job duties. Reviews conditions on files within posted turn times
This job description reflects management’s assignment of essential functions; and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
The following qualification are required of the Underwriter.