Underwriter I

PEAK6 InsurTech knows that technology rules just about everything, which is why we wanted to bring insurance to the 21st century. We threw the rule book out the window and are forging our own path in the industry, and we want you to join us. 

Joining PEAK6 InsurTech won’t lead you to just a job, it will lead you to a true career path. We value our employees, understand their career aspirations, and support them in their goals by making sure they have opportunities to develop and advance in a multitude of ways. At its heart, PEAK6 InsurTech, along with our subsidiaries We Insure and Team Focus Insurance Group, is focused on epic innovation and trail-blazing technology to serve our customers and partners better. Learn more about joining and growing in our future-focused environment – and being epic with us!

This is a fully remote position

Job Title: Underwriter I – PL, FIS                            Department: FIS

Reports To: Supv, Client Experience                        Location: Hybrid/Remote - Sunrise, FL

Classification: Non-Exempt                                       Salary:

Job Summary: Reviews and analyzes applications, inspections, and endorsements to determine policy eligibility through adherence to underwriting rules and guidelines.  Accepts or rejects applications and makes risk selection on behalf of the carrier client within underwriting rules and guidelines.  Develops and maintains strong agent relationships and acts as subject matter expert by providing guidance on policy form and coverage to external agent(s) and internal team members by performing the following duties.

Duties/Responsibilities:

·       Reviews applications for all personal lines coverage to determine if application is acceptable for the program(s) available.  Assists agents with contents of applications and the likelihood of acceptance by the company and underwrites applications from appointed agents

·       Analyzes and researches underwriting issues as they relate to new business eligibility, inspections, complex premium bearing endorsements, and cancellations with accuracy and efficiency.

·       Reviews requests for cancellation, reinstatements and endorsements within established departmental service compliance standards as needed to support overall department and client needs.

·       Communicates with producers/agents, carrier clients and leadership regarding underwriting decisions with the ability to effectively articulate decision and opinion withing underwriting rules and guidelines.

·       Prioritizes and manages workflow to ensure efficient, timely, and accurate process of transactions while adhering to the standard operating procedures.

·       Handles incoming calls and/or chats from producers and insureds in order to provide support as needed. Ensures customer service standards are met, bringing calls to a satisfactory resolution.

·       Utilizes knowledge of automated systems to provide recommendations on improvements and enhancement that align with department and client goals.

·       Maintains and develops strong agent relationships.

·       Provides training on underwriting guidelines, contract and policy forms to agents and team members

·       Communicates effectively with individuals/teams and reports any problems to supervisor.

·       Identifies process changes to improve quality or efficiencies.

Preferred Skills/Abilities:

·       An active 2-20 or 4-40 license or industry designation such as CPCU or CIC is preferred

Education and/or Experience:

·       Bachelor’s degree from a four year college or university preferred. 

·       Three (3) to five (5) years of underwriting experience in Personal Lines including homeowners and other lines; or equivalent combination of education and experience required. 

·       Must have general knowledge of insurance statutes, regulations and policies.

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

Physical Requirements: While performing the duties of this job, the employee is frequently required to stand; walk; talk and hear; sit for extended periods of time; use hands to finger, handle, or feel and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 15 pounds.

Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Why join the PEAK6 InsurTech Team?  

The PEAK6 InsurTech Difference:

• Medical, Dental, Vision, Life, Pet; Flexible Spending Account

• Competitive Salaries

• 401K Match  

• Work-Life Balance: Personal Days, PTO Days, 12 Paid Holidays, Two Paid Days for Volunteer Service, Paid Parental Leave

• Short and Long-Term Disability

• Employee Support Programs, Including Mental Health

• Tuition Reimbursement  

• Matching Charitable Gift Program

• Lucrative Referral Program

• Commuter Benefits

• Flexibility: Remote and Hybrid Opportunities Available

Founded by PEAK6 Investments in 2021, PEAK6 InsurTech began with the vision to challenge the status quo of the insurance industry and to revolutionize it. Along with our subsidiaries We Insure and Team Focus Insurance Group, we know it’s not about the corporation, it’s about the people. At its heart, PEAK6 InsurTech focuses on developing and implementing innovative technology and processes to serve its customers better. Whether propelling the insurance industry to run more efficiently or bringing together diversified businesses that span the entirety of the insurance lifecycle, PEAK6 InsurTech is dedicated to democratizing insurance and giving customers the power to choose.

This position is not able to be performed in California, Colorado, New York or Washington. 

 EEO

PEAK6 InsurTech is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.

Disability

PEAK6 InsurTech is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please contact our HR department at hrinfo@peak6insurtech.com. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.

Note to applicant: It is unlawful in Massachusetts and Maryland to require or administer a lie detector test as a condition of employment or continued employment. Please know that our company does not use lie detector tests in our hiring process.