Associate Underwriter

Symetra has an exciting opportunity to join our team as an Associate Underwriter!

About The Role

You will gain basic knowledge of risk-based underwriting for new and/or existing accounts. Work towards being accountable for achievement of profit, persistency, and growth goals.

You will apply training and demonstrate a baseline level of proficiency in risk evaluation and pricing. Underwrite new business accounts for Excess Loss typically under $500,000 in premium and under $2,500,000 attachment point. Provide support to underwriters by pre-screening cases, analyzing claims data and processing sold cases.

What You'll Do In This Role

• Develop basic understanding of Excess Loss products, pricing, philosophies and underwriting guidelines.
• Obtain knowledge and ability to negotiate pricing and product variations with sales force.
• Gain ability to analyze various reports, data, and other information to properly access risk
• New Business Pricing - review Request for Proposal (RFP) submissions including verifying integrity of claims data and plan information and requesting additional information as needed.
• Develop and communicate new business rate recommendations in accordance with pricing targets and level of authority. Quote authority limit of $500K in premium and $2.5M aggregate attachment point.
• Process sold accounts and renewals following established procedures.
• Relationships - Develop and maintain positive relationships with Symetra sales, field and home office service and actuarial teams.
• Effective written and verbal communications.
• Projects and Reporting - participate in projects and training initiatives as assigned. Complete assignments accurately and in a timely manner.
  
  

What We Offer You

“If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work.” Cris H. - AVP Internal Sales, Training and Development

“Symetra is inclusive of all employees regardless of their personal differences.” Darrell J. - Actuary III

“Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions.” Felicia D. - Financial Reporting Lead Senior Analyst

Benefits And Perks

We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching
• Want more details? Check out our Symetra Benefits Overviewopens a pdf file
  
  

Compensation

Salary Range: $53,000- $88,400 plus eligibility for annual bonus program

Who You Are

• Strong analytical and technical skills.
• Strong Excel and Word skills. Effective interpersonal and written communication skills.
• Ability to make effective decisions within authority limits and recommendation if outside of authority limits. Service oriented with commitment to meet deadlines.
• Ability to multi-task and work efficiently in a team environment.
• High School diploma or equivalent experience required
  
  

We empower inclusion.

At Symetra, we aspire to be the most inclusive insurance company in the country we’re building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.

We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.

Creating a world where more people have access to financial freedom.

Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we’re guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they’re buying, and we design products—and operate our company—to stand the test of time. We’re committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.

For More Information About Our Careers Visit

https://symetra.eightfold.ai/careers

Work Authorization

Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.