Interim Underwriter

$62,400 - $83,200/Yr

Cambia - Coeur d'Alene, ID

Full-time - Entry Level

Hybrid - Coeur d'Alene, ID

Insurance Carriers and Related Activities

About the position

The Underwriter I position is responsible for evaluating assigned groups' risks and determining appropriate rates. This role involves approving renewal changes, auditing groups, ensuring compliance with participation requirements, and preparing rate filings. The Underwriter I will also communicate underwriting decisions and support internal sales staff with underwriting-related inquiries.

Responsibilities

• Evaluates assigned group's risk and attaches the appropriate rate.
• Approves renewal changes after verifying rates and product selection.
• Audits both new and renewing groups as necessary.
• Determines rates for alternative benefit variations.
• Ensures that group participation requirements are met.
• Prepares rate filings.
• Follows underwriting guidelines, policies, procedures, and formulas in developing rates for new and renewal groups.
• Gathers appropriate data used to determine the status of account refunds.
• Maintains spreadsheet information on group renewal history.
• Prepares memos and other correspondence to communicate changes in rates or benefits approved by underwriting management.
• Processes the appropriate paperwork associated with renewal rate action and proposal closing.
• Supports internal sales staff regarding underwriting questions and resolves issues.
• Effectively communicates underwriting decisions to other departments when necessary.

Requirements

• Bachelor's degree in business, math, statistics, or related discipline, or equivalent combination of education and experience.
• Demonstrated analytical and problem-solving skills.
• Business sense including finance, accounting, economics, and risk management principles.
• Effective verbal and written communication skills.
• Ability to build and maintain positive internal and external customer interactions.
• Ability to prioritize tasks and meet deadlines.
• Demonstrated technology proficiency, including Excel, Word, and applicable software applications.

Benefits

• Competitive salary
• Generous benefits
• Flexible work from home options
• Career growth opportunities
• Community outreach programs
• Employee resource groups