Underwriter
Apply NowCompany: Housing Authority Insurance Group
Location: Cheshire, CT 06410
Description:
HAI Group, a property-casualty insurance company serving the affordable housing industry, is looking for an Underwriter who is ready to take the next step in their career. As Underwriter at HAI Group, you'll be rewarded with interesting challenges, competitive incentives/benefits, and a people-focused company culture. Are you ready to become an Underwriter on our talented and welcoming Underwriting team? Learn more about the position and company below and submit your resume today!
Position Overview
The Underwriter is responsible for multi- lines accounts and well as policy reviews. The Underwriter must have broad knowledge of Commercial P&C insurance and reinsurance and the impact the risk may have on financials of business. They price new and renewal policies, coordinates policy services and works with outside vendors and consultants. The HAI Group Underwriter also works closely with insurance services to members, agency services, program management and marketing support. The Underwriter would be responsible for the Commercial Liability and Commercial Property policies for all Public and Affordable housing book of business within their assigned territory.
Skills and Requirements
Knowledge/Experience/Licenses
Required:
Preferred:
Department Overview
The Underwriting department evaluates the risk of all current or prospective public and affordable housing properties and operations eligible for insurance coverage. The department fully analyzes risk and exposures and then prices the account based upon established underwriting guidelines and state regulations. The underwriting team's role also includes CAT exposure analysis, coverage evaluation, price negotiation, program profitability, market conditions, reinsurance requirements and policy reviews. The team operates closely with various departments including Claims, Marketing, Risk Control, and across the organization to provide high level services/products to all members.
Company Overview
HAI Group is the nation's leading property-casualty insurance company founded by and dedicated to affordable housing organizations. While we are recognized as a pioneer of affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with an array of products and services that support the challenges housing organizations face. Besides insurance, we offer risk management services, online training, and consulting services used by more than 1,500 housing organizations nationwide. Headquartered in Cheshire, Connecticut, HAI Group was recognized as a Top Workplace in 2020, 2021 and 2022.
Cultural Objective
HAI Group contributes to a culture that creates a safe and healthy working environment and a space of inclusiveness and belonging for all by: exceeding our customers' expectations, working collaboratively across the organization, embracing diversity, and demonstrating mutual respect and empathy.
HAI Group Benefits and Perks
HAI Group is an Equal Opportunity Employer.
No agency submissions please. Resumes submitted to any HAI Group employee without a current, signed and valid contract in place with the HAI Group Recruiting team for this position will become the property of HAI Group and no agency fees will be paid.
Position Overview
The Underwriter is responsible for multi- lines accounts and well as policy reviews. The Underwriter must have broad knowledge of Commercial P&C insurance and reinsurance and the impact the risk may have on financials of business. They price new and renewal policies, coordinates policy services and works with outside vendors and consultants. The HAI Group Underwriter also works closely with insurance services to members, agency services, program management and marketing support. The Underwriter would be responsible for the Commercial Liability and Commercial Property policies for all Public and Affordable housing book of business within their assigned territory.
Skills and Requirements
- Monitor account performance within assigned territory
- Handle reporting requirements
- Build strong relationships with members, agents and brokers within assigned territory for service and retention
- Analysis, evaluation and problem-solving; makes tough decisions
- Communicate and negotiate effectively
- Critical thinking and problem solving; understands the impact of decisions
- Mathematical aptitude
- Team player; builds cross-functional relationships
- Attention to detail
- Effectively assess a risk and make sound underwriting decisions
Knowledge/Experience/Licenses
Required:
- Bachelor's degree
- Five years experience in commercial lines underwriting
- Advanced knowledge of the concepts of Risk Management
- Understanding of basic contracts, credit reports, etc.
- Self-motivated; works independently
- Uncompromising judgment and decision making
- Identifies challenges and identifies solutions
- Mentors, motivates and inspires
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Preferred:
- Agent's license
- Certificate in General Insurance
Department Overview
The Underwriting department evaluates the risk of all current or prospective public and affordable housing properties and operations eligible for insurance coverage. The department fully analyzes risk and exposures and then prices the account based upon established underwriting guidelines and state regulations. The underwriting team's role also includes CAT exposure analysis, coverage evaluation, price negotiation, program profitability, market conditions, reinsurance requirements and policy reviews. The team operates closely with various departments including Claims, Marketing, Risk Control, and across the organization to provide high level services/products to all members.
Company Overview
HAI Group is the nation's leading property-casualty insurance company founded by and dedicated to affordable housing organizations. While we are recognized as a pioneer of affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with an array of products and services that support the challenges housing organizations face. Besides insurance, we offer risk management services, online training, and consulting services used by more than 1,500 housing organizations nationwide. Headquartered in Cheshire, Connecticut, HAI Group was recognized as a Top Workplace in 2020, 2021 and 2022.
Cultural Objective
HAI Group contributes to a culture that creates a safe and healthy working environment and a space of inclusiveness and belonging for all by: exceeding our customers' expectations, working collaboratively across the organization, embracing diversity, and demonstrating mutual respect and empathy.
HAI Group Benefits and Perks
- Bonus program eligibility
- Annual merit program
- Outstanding 401(k) program and non-elective contribution
- Flexible work schedules
- Generous paid time off, paid volunteer days and paid holidays
- Medical, vision and dental Insurance
- Company paid life, AD&D, short-term disability, and long-term disability coverage
- HSA, FSA and dependent care options
- On-Site wellness: Full gym and locker rooms, wellness initiatives, outdoor basketball and tennis court, picnic pavilion area
- Tuition reimbursement and loan repayment
- Professional development
- Community outreach
HAI Group is an Equal Opportunity Employer.
No agency submissions please. Resumes submitted to any HAI Group employee without a current, signed and valid contract in place with the HAI Group Recruiting team for this position will become the property of HAI Group and no agency fees will be paid.