Post Issuance Underwriter

Commercial Specialty Bala Cynwyd, Pennsylvania Scottsdale, Arizona


Description

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses – and we’re on a mission to the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career. 

GBLI is seeking candidates for a Post Issuance Underwriter role. This is a hybrid position and can be based in either Scottsdale, AZ or Bala Cynwyd, PA.

What GBLI offers you:

  • Generous paid time off (PTO)
  • Professional development opportunities (including a mentorship program)
  • Educational assistance program, which covers up to $5,250 in educational costs per year
  • Comprehensive health insurance plan (with vision and dental)
  • No-cost health insurance plan available
  • Life insurance
  • 401(k) retirement plan with up to 6% company match and immediate vesting
  • Healthcare and dependent care flexible spending accounts
  • Short-term and long-term disability
  • Company-sponsored social events
  • Various committees to get involved in, which include our Diversity, Equity, and Inclusion Committee, Charitable Giving Committee, and Employee Wellness Committee


Summary:

A role for insurance career driven individuals who want to learn the underwriting process, the Post Issuance Underwriter is responsible for the analysis of policies issued by binding partners to ensure they are properly structured and in accordance with underwriting guidelines.  The Post Issuance Underwriter will be introduced to the assembly of insurance policies and the fundamental concepts of underwriting commercial property and liability risks.  They will monitor the receipt and review of subjectivities related to individual policies to confirm they are within our binding risk appetite.  Incumbent will be a member of one of the fastest expanding units at Global Indemnity and contribute to the company’s underwriting results and continued profitable growth.

Responsibilities:

  • Evaluate issued policies to ensure binding business is handled properly by our agents within the established guidelines.
  • Review issued policies to ensure binding business meets our underwriting and policy construction standards.
  • Analyze all subjectivities in the file to include, Acord applications, Supplemental applications, loss run reports and various required subjectivities to ensure the risk meets the underwriting guidelines.
  • Follow-up on missing subjectivities with the agent after policy issuance to ensure completion and satisfactory results.
  • Review and evaluate Loss Control reports to confirm risks meet Underwriting guidelines and risk appetite.
  • Complete online review of risk utilizing different websites to determine the risk meets underwriting guidelines and appetite.
  • Work with production and renewal underwriters to present findings and help resolve exceptions noted.
  • Work directly with agents to resolve forms issues, missing inspection reports, and missing subjectivities
  • Commence or continue industry formal education by attending, completing and passing Insurance Society and CPCU courses, including underwriting designation curriculum(s). 
  • A successful candidate in this role will be able to accomplish the following:
    • Learn the basics of insurance, policy construction, and business underwriting guidelines.
    • Work quickly effectively to review and provide guidance on a large number of transactions daily.
    • Identify and analyze trends with policies and agents and highlight them to management.
    • Build strong relationships internally and across departments as well as with contacts at agents.
  • Eventually be trusted to client face and engage with agents with little oversight from Management.
  • Successfully complete AINS and/or CPCU courses.

Requirements:

  • A college degree in Risk Management or 1+ years of property and casualty underwriting experience.
  • Ability to work independently and on a team.
  • Strong analytical skills.
  • Strong interpersonal and communication skills.
  • Ability to work from home when required (i.e., high speed internet connection, personal computer).
  • Strong computer skills are a necessity. Proficiency in Microsoft Office Products (Word, Excel, Outlook)
  • Excellent organizational and time management skills.

Global Indemnity Group celebrates and supports differences. We are committed to creating a diverse and inclusive environment for our employees, customers and communities we serve. Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, gender, sexual orientation, gender identity, protected veteran status or disability.