Group Underwriter jobs in New Mexico
Group Underwriter reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Group Underwriter calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Group Underwriter may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Group Underwriter work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Group Underwriter typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Group Underwriter jobs
Underwriter I
- AMERIND Risk
-
Santa Ana, NM
FULL_TIME
-
Position Characteristics and Attributes
- Customer Focused
- Detailed Oriented
- Technical Knowledge and Skills
- Planning and Organizing
- Communication Skills (verbal and written)
- Analytical and Decision making skills
- Interpersonal Skills
- Math skills
Job SummaryReview individual applications for insurance to evaluate degree of risk involved, determine acceptance of applications, coverage amounts and premium for personal or commercial lines business. Responsible for retention of new and existing business in accordance with company underwriting philosophy and individual level of authority. This individual also maintains positive and professional relationships with broker partners, third party administrators or financial institutions.This job description does not represent an inclusive list of all duties encompassed in this position.Job Responsibilities- Examine insurance applications, conduct research, collect background information and make risk assessments.
- Negotiate with the customer regarding premium, coverage limits, coverages, and the terms and conditions of the proposed insurance policy.
- Underwrites various types of insurance policies for individuals, businesses or equity pool members
- Calculates premiums and establish payment method. Appropriately prices all new and renewal applications.
- Makes final determination, within company guidelines, on risk acceptability for new and renewal applications.
- Interacts with policyholders to deliver and explain policy
- Ensures policy requirements are met, including any necessary completion of appropriate forms.
- Evaluates property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
· Creates endorsements and coverage documents for clients· Performs administrative tasks, such as answering phones, maintaining records and handling policy renewals.- Renders decisions based on consultations with Senior Underwriters, managers and upper management.
- Participates in cross-functional team training
- Performs other duties as assigned.
Minimum Qualifications· High School Diploma or GED required· Bachelor’s Degree in Business Administration, related field or equivalent experience- A minimum of three years of underwriting experience
· Insurance Associate in Underwriting (AU) Professional Designation preferred· Valid driver’s license.- No felony, theft or fraud convictions.
- Must be able to successfully pass a background investigation.
Additional Eligibility Requirements- Ability to obtain Associates in General Insurance (AINS) designation within the first two years of employment.
Knowledge/Skills/Abilities- Strong written and oral communication skills
- Strong ability to multi-task assisting in multiple duties or projects
- Strong presentation skills.
- Knowledge of underwriting techniques.
- Knowledge of department organization, functions, objectives, policies and procedures.
- Knowledge of commercial/residential construction codes and techniques.
- Ability to effectively present information in one-on-one and small group situations to customers, clients and other employees of the organization.
- Ability to work independently and meet time lines.
- Ability to create and edit written materials.
- Knowledge of principles and processes for providing customer services.
- Skill in providing exc4ellent customer service.
- Ability to work as a team member in a structured working environment.
- Ability to work with timeliness and thoroughness.
- Skill in operating business computers and office machines, in a Windows environment, specifically Word, Excel and presentation software (such as PowerPoint)
Working Conditions & Physical Demands- Travel required 10% of time.
- Typical business office setting with moderate noise level and outdoor settings with a high noise level.
- Non-office environment may be encountered for offsite presentations and support of company activities.
- Must be able to sit for work at a computer for more than 6 hours per day.
- Must be able to use hands for dexterity of motion and reach with hands and arms. Extensive use of computer keyboards.
- Frequently required to talk and hear.
- Must have ability to occasionally lift 10 lbs
Hiring of AMERIND employees is subject to 7(b) of the Indian self-determination act. (25 U.S.C 450e(b)), which requires that, to the greatest extent feasible, preference and opportunities for training and employment shall be given to native Americans and Alaska Natives. - 17 Days Ago
Underwriter II
- AMERIND
-
Bernalillo, NM
FULL_TIME
- Position Characteristics and Competencies Customer Focused Detailed Oriented Technical Knowledge and Skills Planning and Organizing Communication Skills (verbal and written) Analytical and Decision-ma...
- Just Posted
Associate Underwriter
- New Mexico Mutual Casualty Company
-
Albuquerque, NM
FULL_TIME
- DescriptionJob Title: Associate Underwriter Department: UnderwritingReports To: Underwriting Manager Position Summary:The Associate Underwriter will be responsible for assignment of organizational ass...
- 15 Days Ago
Underwriter I
- AMERIND
-
Bernalillo, NM
FULL_TIME
- Position Characteristics and Competencies Customer Focused Detailed Oriented Technical Knowledge and Skills Planning and Organizing Communication Skills (verbal and written) Analytical and Decision-ma...
- 1 Month Ago
Underwriter II / Senior Underwriter (hybrid/remote)
- Velocity Risk
-
, NM
FULL_TIME
- An exceptional company with a firm commitment to its people and culture Become a key part of a forward-thinking, inclusive, and diverse team that values every perspective Earn a competitive salary, an...
- 21 Days Ago
CONSUMER UNDERWRITER/LOAN OFFICER
- SANDIA AREA FEDERAL CREDIT UNION
-
Albuquerque, NM
OTHER
- Job Details Job Location: Undisclosed Position Type: Full Time Salary Range: Undisclosed Job Shift: Day Job Category: Finance DescriptionOVERALL JOB PURPOSE The Loan Officer will be responsible for in...
- 2 Days Ago
Group Underwriter jobs at Popular Companies
Group Underwriting Operations Analyst
- Medical Mutual
-
Brooklyn, OH
- This position has the option to work hybrid or remote. Note, requires a minimum of (1) day per month in-office in Brookl...
- 4/25/2024 12:00:00 AM
Director, Group Underwriting
- Reinsurance Group Of America Inc
-
Des Moines, IA
- Reporting to the Assistant Vice President Group Underwriting, the Director will be a key member of RGAs Group Reinsuranc...
- 4/24/2024 12:00:00 AM
Group Underwriting Consultant Sr.
- Elevance Health
-
Colorado Springs, CO
- WARNING: Please beware of phishing scams that solicit interviews or promote work-at-home opportunities, some of which ma...
- 4/24/2024 12:00:00 AM
Surety Bond- Underwriter or Senior Underwriter (Seattle)
- Swiss Re
-
Seattle, WA
- About The Role: Underwrite contract surety bonds in conformance with NAS Surety Group underwriting guidelines to determi...
- 4/23/2024 12:00:00 AM
Group Underwriting Operations Analyst
- Medical Mutual
-
Cleveland, OH
- This position has the option to work hybrid or remote. Note, requires a minimum of (1) day per month in-office in Brookl...
- 4/22/2024 12:00:00 AM
Underwriting Trainee
- Tokio Marine HCC
-
Plano, TX
- Description Position at Tokio Marine HCC Tokio Marine HCC - Surety Group Underwriting Trainee, Plano, TX Do you have a g...
- 4/21/2024 12:00:00 AM
Underwriting Trainee
- Tokio Marine HCC
-
Lone Tree, CO
- Description Position at Tokio Marine HCC Tokio Marine HCC - Surety Group Underwriting Trainee, Lone Tree, CO Do you have...
- 4/21/2024 12:00:00 AM
Life Insurance Financial Analyst
- Winged Keel Group
-
Atlanta, GA
- Firm Summary: Winged Keel Group is an independent life insurance brokerage firm that creates and implements tax-efficien...
- 4/21/2024 12:00:00 AM
About New Mexico
New Mexico (Spanish: Nuevo México Spanish pronunciation: [ˈnweβo ˈmexiko] (listen), Navajo: Yootó Hahoodzo pronounced [jòːtxó xɑ̀xʷòːtsò]) is a state in the Southwestern region of the United States of America; its capital and cultural center is Santa Fe, which was founded in 1610 as capital of Nuevo México (itself established as a province of New Spain in 1598), while its largest city is Albuquerque with its accompanying metropolitan area. It is one of the Mountain States and shares the Four Corners region with Utah, Colorado, and Arizona; its other neighboring states are Oklahoma to the north...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Group Underwriter jobs
$51,805 to $67,096
Most Popular Cities in New Mexico for Group Underwriter Jobs
What does a Group Underwriter do?
Group Underwriter in Lincoln, NE
The underwriter accepts all the risk and uses past claims along with demographics, trend factors and inflation factors to estimate future claims and arrive at a premium.
January 02, 2020
Group Underwriter in Tucson, AZ
We do, however, offer opportunities to get connected, and be mentored through our various ARGs (Associate Resource Groups).
December 30, 2019
Group Underwriter in Lubbock, TX
Responsible for determining acceptability of insurance risks and appropriate premium rates for renewal and prospect employer groups in accordance with corporate underwriting guidelines and authority limits.
February 05, 2020