Underwriting Supervisor oversees activities of the underwriting department. Provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Being an Underwriting Supervisor analyzes various rate plans utilizing a company's claims history to determine the appropriate rate plan and benefits costs. Must be familiar with regulations at the federal, state and local level. Additionally, Underwriting Supervisor typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Working team member that may validate or coordinate the work of others on a support team. Suggests improvements to process, is a knowledge resource for other team members. Has no authority for staff actions. Generally has a minimum of 2 years experience as an individual contributor. Thorough knowledge of the team processes. (Copyright 2024 Salary.com)
Chesapeake Bank-
Do you love to learn about business verticals? Would you be good at determining how strong a business prospect is? Would you feel a sense of gratification if you could help a business expand their payment options? If so then our underwriter position is for you....
Summary:
The Merchant Services Underwriting Analyst position is primarily responsible for underwriting of merchant accounts for payment processing. This position is best suited for a motivated, dependable, team player who thrives in a fast-paced work environment. Chesapeake Payment Systems faces new challenges on a daily basis so it is crucial that all employees embrace change and have the ability to adapt and learn new skills while achieving organizational objectives. This work environment requires the ability to work independently and problem solve complex situations.
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