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Underwriter, Environmental
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Career Insights for Insurance Underwriter (General)
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Based on California data
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$80,745 / year median in California
-10% projected decline
Job Description
Environmental education or experience is preferred. Successful candidates also demonstrate strong business acumen, sales orientation, and ability to build broker partnerships and drive growth. Responsibilities Focuses on building relationships with key external parties (brokers, agents). Manages portfolio of brokers/agents in parts of GRS where complexity and line size differ little between policies. Develops underwriting skills and builds relationships with internal stakeholders and partners (e.g., UW Support, Claims, Actuarial, Directors of Underwriting in GRS North America, etc.), uses understanding of how these teams work together to inform underwriting decisions. Continues building underwriting expertise using both internal and external resources. Executes, and may contribute to, marketing plans. Contributes to team projects (e.g., process / tool improvement). May contribute to the analysis of team`s portfolio. May manage the quality of data within relevant systems for the book of business that the team is responsible for underwriting. May provide on-the-job support for new hires. Qualifications Degree in Business or equivalent typically required At least 1 year, typically 1.5 or more years, of underwriting experience and/or other related business experience Actively pursuing professional insurance designations Ability to successfully develop and maintain effective internal and external relationships Demonstrated analytical ability to evaluate and judge underwriting risks within defined authority Effective communication and interpersonal skills required with ability to successfully develop and maintain productive producer/customer relationships When applicable, successful completion of certifications