Associate Underwriter I - Hybrid

National Interstate Corporation - Richfield, OH

Part-time,Full-time - Entry Level

Richfield, OH

1-10 employees

About the position

National Interstate Corporation, a member of Great American Insurance Group, is seeking an Associate Underwriter I to join our dynamic team in Richfield, OH. As one of the leading commercial transportation insurers in the nation, we provide risk financing solutions tailored to meet the diverse needs of various transportation classes across all 50 states. Our offerings include traditional insurance products as well as innovative alternative risk transfer (ART) programs, including a variety of group captive programs designed for niche wheels markets. We take pride in our recognition as a multiple Northcoast 99 winner and a Cleveland Plain Dealer Top Workplace in Northeast Ohio, which reflects our commitment to fostering a positive work environment. Our core values of integrity, transparency, fairness, accountability, empowerment, and collaboration guide our operations and interactions with clients and partners. In this role, you will be responsible for applying rules and guidelines, insurance laws, and regulations to review, document, and underwrite new and renewal policy transactions within your written authority. You will enter policy information for assigned products, territories, and agencies, ensuring compliance with template rules. Additionally, you will proof and audit policy information, review premium and loss data, and analyze individual risk pricing for new business submissions and renewals. Your ability to communicate effectively with agents, brokers, and customers will be essential in gathering necessary information to support underwriting decisions and address any issues that arise. This position offers an excellent opportunity for entry-level candidates looking to start their career in the insurance industry, with the potential for growth and development within our organization.

Responsibilities

• Applies rules and guidelines, insurance laws, and regulations.
• Reviews, documents, and/or underwrites new and renewal policy transactions within written authority.
• Enters policy information on assigned products, territories, and/or agencies in accordance with template rules.
• Proofs/audits policy information on assigned products, territories, and/or agencies.
• Reviews premium and loss data on individual accounts as part of renewal underwriting, change underwriting, or mid-term underwriting.
• Reviews insurance applications and other risk documentation.
• Reviews underwriting requirements and refers applications, endorsement requests, or other correspondence for further underwriting analysis when outside of written authority.
• Gathers information on new and renewal business and change requests to support underwriter decision making.
• Investigates discrepancies in the information gathered.
• Orders, reviews, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.
• Analyzes individual risk pricing for new business submissions and renewals within written authority.
• Monitors entry/processing to ensure data integrity and to avoid potential systemic issues.
• Communicates with agents, brokers, and customers to obtain information needed to underwrite risks and address issues.
• Researches and responds to questions from agents.
• Provides support to underwriter(s) as needed.
• Organizes underwriting information to speed decision making on the part of the underwriter.
• Provides information to Rating and Processing that is needed to issue policies and endorsements on a timely basis.
• May issue, process, or code transactions.
• Performs other duties as assigned.

Requirements

• Associate Degree or equivalent experience in Business, Liberal Arts, or a related discipline.
• 0 to 2 years of related experience in underwriting or insurance.

Benefits

• Competitive healthcare benefits
• Retirement benefits
• Paid time off for full-time and part-time benefit eligible employees