Underwriter - Associate

Company: Aon
Location: Fort Wayne
Posted on: October 14, 2020

Job Description:

Summary

Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverages in order to classify the degree of insurable risk and determine appropriate premium amounts. This is a primary level underwriting position responsible for handling submissions involving moderately complex exposures and medium to high coverage limits.

Essential Job Functions

* Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVR's, and other information needed to properly evaluate and classify the degree of risk in relation to proposed coverage limits.

* Obtain all relevant information not included with the initial submission to ensure a thorough evaluation of the risk.

* Review and evaluate renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.

* Prepare own or review other quotations/proposals for presentation to potential clients.

* Approve the coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirety; refer with recommended action if risk exceeds underwriting authority.

* Develop and maintain positive and constructive working relationships with the company's marketing professionals and their productions sources in order to attract and retain clients.

* Review policy forms used in specific programs to ensure consistency and keep producers informed regarding coverage issues;

* Complete a variety of underwriting assignments at the direction of the Sports Division Manager or Underwriting Manager.

Requirements

* Property & Casualty License Required, Accident & Health License Preferred

* Bachelor's degree or commensurate education and/or work experience

* 2+ years underwriting experience

We offer you

A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

Our Colleague Experience:

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.

About Aon:

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.

Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

DISCLAIMER:

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

IND-US 2477896","qualifications":"UNAVAILABLE","responsibilities":"

Summary

Within stipulated underwriting authority limits, this position is accountable for reviewing and evaluating applications for insurance coverages in order to classify the degree of insurable risk and determine appropriate premium amounts. This is a primary level underwriting position responsible for handling submissions involving moderately complex exposures and medium to high coverage limits.

Essential Job Functions

* Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, MVR's, and other information needed to properly evaluate and classify the degree of risk in relation to proposed coverage limits.

* Obtain all relevant information not included with the initial submission to ensure a thorough evaluation of the risk.

* Review and evaluate renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives.

* Prepare own or review other quotations/proposals for presentation to potential clients.

* Approve the coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirety; refer with recommended action if risk exceeds underwriting authority.

* Develop and maintain positive and constructive working relationships with the company's marketing professionals and their productions sources in order to attract and retain clients.

* Review policy forms used in specific programs to ensure consistency and keep producers informed regarding coverage issues;

* Complete a variety of underwriting assignments at the direction of the Sports Division Manager or Underwriting Manager.

Requirements

* Property & Casualty License Required, Accident & Health License Preferred

* Bachelor's degree or commensurate education and/or work experience

* 2+ years underwriting experience

We offer you

A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

Our Colleague Experience:

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.

About Aon:

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.

Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

DISCLAIMER:

Nothing in this job

Keywords: Aon, Fort Wayne , Underwriter - Associate, Other , Fort Wayne, Indiana