Associate Underwriter – Builders Risk

Job Category: Builders Risk Underwriting
Job Type: Full Time
Company: Catalytic Risk Managers

Exemption Status:  Exempt

Supervisor’s Title:  Head of Builders Risk

Underwriting Authority:

  • Modeling and risk meter for all perils for each risk
  • Policy Issuance review and correspondence
  • Conduct inspection review and analysis resulting in appropriate issue identification, and process post inspection changes as necessary

Essential Duties and Responsibilities include, but are not limited to:

  • Assist Underwriters as requested
  • Process submissions by providing account triage for Underwriters
  • Evaluate quality of general contractors
  • Provide backup support for Underwriters when traveling in the market
  • Gather, compile and file in IMS information required to quote and/or bind an account
  • Generate, edit and send out a variety of correspondence on behalf of the Underwriters such as declination letters, quote follow ups and subjectivity reminders
  • Demonstrates basic understanding of technical underwriting principles and risk underwriting characteristics
  • Learn market dynamics, competitive landscape and product differences
  • Provide customer service and underwriting support to help achieve premium goals
  • Expected to develop business/personal relationships with producers
  • Travel with an underwriter
  • Other related clerical and administrative duties as assigned
  • Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable
  • This position will work from one of Catalytic’s offices

Required Knowledge, Skills and Abilities:

  • Bachelor’s degree or 2 to 4 years insurance experience
  • Working knowledge of insurance terminology
  • Proficiency in Microsoft Office Suite & proficiency in Agency Management System(s).
  • Experience working in a “paperless” environment preferred
  • Ability to follow policies and procedures
  • Complete assigned tasks correctly, on time and able to learn quickly
  • Self-motivated and demonstrate an attention to detail
  • Be able to work independently for extended periods
  • Excellent written and verbal communication skills as well as a general understanding of business writing
  • Must be able to work well in a small office environment and show a willingness to support the team, including general clerical and administrative tasks as needed

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