Brown & Brown is an independent insurance intermediary that through its licensed subsidiaries provides a variety of insurance products and services to corporate, public entity, institutional, trade, professional, association and individual clients. Headquartered in Daytona Beach, Florida, offices are located across the United States, with products and services offered through four major business divisions. We are listed on the NYSE as BRO. Our corporate culture is built on vision, speed, agility and strength that allows us to thrive in the very competitive insurance environment. This unique culture has enabled us to quickly chase down new opportunities, adapt our products and services to best meet market demands, and satisfy our many and varied clients. Our drive to be the best has made Brown & Brown one of the largest and most respected independent insurance intermediaries in the nation, with 75 years of continuous service.
The Underwriter II is responsible for reviewing, analyzing, evaluating, quoting, declining and non-renewing both new and renewal business. In addition, they foster the growth of our carrier and broker relationships. They are also responsible for maintaining a professional relationship with fellow colleagues and piers while supporting the Workers’ Compensation Division as well as all departments that interact with Underwriting.
Arrowhead offers competitive base salaries and bonus plans with a comprehensive benefits program including Medical, Dental, Life and Disability Insurance, 401K match, paid time off, paid holidays, flex time and much more.
- Carrier knowledge – adhere to carrier guidelines including systems & processes related to Underwriter II duties.
- Rate and quote multi-state accounts in various carrier systems
- Input data in risk evaluations as needed – updates to previously prepared evals or rush submissions may need all required data entered
- Rushes may also require the UW to order Compline, Contractor’s License & Website information
- Request additional information from brokers as needed to underwrite new & renewal business.
- Review, analyze, underwrite, decline, quote, bind & endorse both new & renewal business within established premium range of <$250K or within individual authority level.
- Use sound underwriting judgement to properly price new & renewal business within established underwriting authority.
- Send Non-Renewal or Conditional Non-Renewal Notification when applicable
- Communicate with brokers on status of quote and other issues of concern
- Process bind confirmation documents, assign policy numbers, order loss control when applicable, complete file organization for issuance as needed
- Process declines and close outs as needed
- Complete cancel/rewrite policies in accordance with carrier guidelines and company procedures
- Review and process Broker of Record Letters in a timely manner, no later than 24-hours of receipt
- Responsible for carrier clearance as required by program
- Assist brokers with various tasks or requests such as higher level endorsements, trouble-shooting, etc.
- Perform file documentation and underwriting notes in preparation for policy issuance
- Assist other underwriters when workloads demand or when others are out of the office
- Meet deadlines set forth by management and/or underwriters within team
- Held accountable for meeting production, retention, hit ratio & profitability goals set forth by management
- Build and maintain favorable carrier relationships over the phone, e-mail and personal interaction
- Responsible for field visits to assigned agency base in order to foster relationships and provide information and education regarding our various programs and appetites.
- Successfully pass internal and carrier file audit reviews
- Two to five years workers’ compensation underwriting experience.
- Bachelor’s or Associate's degree preferred.
- INS classes would be a plus, but not required for the position
We are an Equal Opportunity Employer.
We take pride in the diversity of our team and seek diversity in our applicants.