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)
Description
ESSENTIAL DUTIES AND RESPONSIBILITIES
Requirements
Required Knowledge, Skills, and Abilities:
Education and Experience:
This position requires a minimum of four (2) years of underwriting experience, or (4) years of lending experience.
Employees must comply with government and other regulations affecting the credit union industry including but not limited to the Bank Secrecy Act and The USA Patriot Act.
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