Are you analytical, detail oriented, and passionate about delivering excellent customer service? Guardian General Insurance Limited is seeking a dynamic Underwriter I to support our underwriting operations and contribute to profitable growth.
About Guardian General Insurance Limited
Guardian General Insurance Limited is a leading property and casualty insurance company dedicated to providing comprehensive coverage and exceptional service to our clients. With a commitment to integrity and innovation, we strive to protect what matters most to our customers and communities.
The Underwriter I assesses risk exposures and evaluates the most prudent terms to apply for small and non-complex New Business Acquisitions, Renewals and mid-year amendments ensuring the company yields a profit while achieving the targeted gross income, market share, managing relationships with producers, clients and achieving customer excellence.
JOB RESPONSIBILITIES:
1. Risk Assessment
• Conduct risk assessment/appraisal of non-complex new business and renewal risks which includes accepting or declining the risk, determining most appropriate rates, terms and conditions.
• Apply due diligence checks and background research on clients and their risk to be covered
• Prepare / Provide Quotations/New Business/Renewal Reviews/Renewals/Amendments within GGIL’s underwriting guidelines, standard operating procedures, approved underwriting limits of authority and reinsurance treaties
• Reviewing of policies and ensuring all notices and renewal listings are sent out in accordance with guidelines prior to renewal date
• Review and discuss Renewals with all Stakeholders to achieve retention target
• Follow up with clients or producers on renewals
• Conduct portfolio analysis and analysis on assigned accounts to monitor performance.
2. Monitoring and Reporting
• Monitor Aggregates and beachfront exposure that allows for informed decision making to avoid over exposure
• Assist administrative team with collating executive report to identify trends and address gaps thus extending greater support to Agents for improved performance
3. Quality Checks
• Where applicable, review underwriting transactions by binding brokers / agents to ensure accuracy and compliance with GGIL’s underwriting guidelines, SOPs and limits of authority
• Ensure that all bordereaux are submitted and processed timely
• Source missing information from agents to ensure the correct data is captured
• Conduct monthly bordereau checks / audits
• Complete underwriting audit of random files to ensure producer complies with company’s procedures
4. Receivables Management
• Manage receivables in accordance with CBTT’s requirements, avoiding any negative implications on solvency of GGI, ensuring adequate cash flow for claims and investments
• Ensure premiums are paid within the contract timeframes; support the cancellation process
• Follow up on outstanding premiums from clients/ producers
5. Relationship Management
• Develop and maintain effective business relationships with producers (where applicable) to support growth objectives
6. Any other duties as assigned by the Team Leader or Manager
EDUCATION & EXPERIENCE:
• 5 O’ levels including Math and English
• 2 A levels/CAPE
• Mandatory State licensing or CII Insurance Certificate or working towards same
• Entry Level Underwriter Experience
• At least 2 years customer service experience
ADDITIONAL REQUIREMENT:
As a regulated entity with obligations under the Know Your Employee guidelines, a Certificate of Character is required.
PERSON SPECIFICATION:
The Underwriter 1 must possess strong analytical skills with an acute attention to detail, a positive work ethic, keen sense of customer service and good business acumen. He/ she must possess a positive, friendly attitude, have the ability to operate and contribute positively in a team-based environment and take initiative; as evidenced by the ability to self-manage, organize and prioritize work. He/ She must possess excellent written and oral communication skills, demonstrate good negotiating skills and have the ability to effectively manage multiple priorities in a fast-paced environment.
Applications will be treated with the utmost confidentiality.
The construction claims consultants with a distinguished, over 30-year track record, Guardian Group, now a division of YA, specializes in surety bond claims, construction defects, property & casualty claims, construction claims management, construction management and environmental claims & advisory services. No matter the size or complexity of your claim, case or issue, and regardless of geography, Guardian Group was engineered from the outset to deliver a more robust, more efficient, more enduring service value. Our regional offices make it so the right team of construction claims consultants may be deployed swiftly and cost-effectively.
Guardian Group serves surety bond companies, insurance carriers, law firms, municipalities, building owners and others with an unprecedented combination of forensic claims investigations and technical construction & engineering expertise. Guardian's seasoned professionals operate out of offices in Los Angeles, CA (Torrance), Sacramento, CA, Baltimore, MD (Bel Air), Dallas, TX, Fort Lauderdale, FL, Denver, CO, Nashville, TN and Phoenix, AZ.
Today, working in concert with YA, we provide you an unmatched team of technical experts, with 500+ people serving clients across the country, in Mexico and in England.
We look forward to connecting with you!
