Underwriter Workers Compensation Insurance 800 Oak Ridge Turnpike, Oak Ridge, TN 37830 $75,000
- $120,000 a year
- Full-time $75,000
- $120,000 a year
- Full-time Job Overview We are seeking a dynamic and detail-oriented Underwriter specializing in Workers Compensation Insurance to join our innovative team.
In this role, you will evaluate and analyze insurance applications, assess risk factors, and determine appropriate coverage terms to ensure profitable and sustainable insurance portfolios. Your expertise will help shape our company's risk management strategies while providing exceptional service to clients. This position offers an exciting opportunity to leverage your underwriting skills within a fast-paced, collaborative environment dedicated to excellence and growth. Duties Review and analyze workers compensation insurance applications, supporting documents, and relevant data to assess risk levels accurately. Conduct comprehensive risk analysis by evaluating industry trends, safety records, and financial health of applicants. Develop underwriting guidelines and policies aligned with company standards, ensuring consistency and compliance. Collaborate with brokers, agents, and clients to negotiate coverage terms that balance risk mitigation with customer needs. Utilize advanced financial software and data collection tools to perform quantitative research, financial modeling, and forecasting. Prepare detailed reports on underwriting decisions, risk assessments, and policy recommendations for management review. Monitor ongoing claims activity and adjust underwriting strategies accordingly to prevent fraud and detect potential risks early. Skills Strong negotiation skills coupled with excellent communication abilities to foster positive relationships with stakeholders. Proficiency in financial concepts such as cash flow analysis, credit analysis, and financial report writing. Deep understanding of underwriting principles specific to workers compensation insurance along with risk analysis techniques. Expertise in data collection methods, quantitative research, and the use of financial software for modeling and analysis. Knowledge of accounting practices, banking operations, and portfolio management principles relevant to insurance underwriting. Ability to perform technical accounting tasks related to insurance policies and claims processing. Familiarity with fraud prevention strategies, loan origination processes, tax regulations, and mortgage servicing is a plus. Join us if you're passionate about applying your financial acumen in a role that challenges you daily while making a meaningful impact on our clients' safety and security!
Pay:
$75,000.00
00 per year
Benefits:
401(k) Dental insurance Flexible spending account Health savings account Life insurance Paid time off Vision insurance
Experience:
Workers Compensation Underwriting:
3 years (Required)
Work Location:
In person
