Financial Analyst and Underwriter

About the position

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown is seeking a Financial Analyst and Underwriter to join our growing team in Rocky Hill, CT! The Financial Analyst and Underwriter is at an advanced level of knowledge / difficulty and works with minimal supervisory direction but will report to a team leader. Work in this position consists primarily of routine and non-routine scenarios involving the need to determine the acceptability of risk factors on behalf of the carrier. Commonly negotiates coverage offered and pricing.

Responsibilities

• Review new business details to ensure accuracy and identify opportunities for additional coverage or underwriting actions.
• Recommend the acceptance or declination of marketing results based on evaluation of carrier proposals and customer information.
• Create and maintain reporting packages, customer files, and routine correspondence with carriers and clients.
• Suggest and implement process improvements to enhance operational efficiency and workflow.
• Analyze and prepare financial reporting packages (e.g., post-renewal, mid-year, pre-renewal, renewal), including claims utilization, trend analysis, and financial projections.
• Design and recommend alternative strategies, plan modeling, and cost-reduction opportunities tailored to client needs.
• Act as the primary contact with insurance carriers for new business quotes and renewals, managing negotiations and preparing renewal options with executive summaries.
• Collaborate with the Service Team to align client strategic objectives with proactive solutions and ensure timely delivery of deliverables.
• Serve as a subject matter expert, maintaining an analytical skill set and providing guidance to team members.
• Assist in team development by contributing to standards, processes, and training of junior team members; participate in sales presentations for target clients.

Requirements

• Minimum 5-7 years of operational experience within the insurance and/or benefits industry with more than 5 years of consulting within the insurance and/or benefits industry.
• High School diploma.
• Insurance Producer license in good standing (authorities in states needed to service the assigned book of business).
• Bachelor's Degree (Preferred).
• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Ability to maintain a high level of confidentiality.
• Willingness to obtain Insurance Producer license (authorities in states needed to service the assigned book of business) within first year of employment.

Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement.
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services.
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.