Company: ALPS CORPORATION
Posted on: October 8, 2019
ALPS Corporation, a dynamic and growing professional liability
insurance and services company, is seeking self-driven individuals
for a Underwriting position in Missoula, Montana. The Underwriter
will be part of a team whose responsibility is to maintain a
profitable growth of the ALPS book of business. ALPS is the nations
largest direct writer of LPLI and is an endorsed carrier by more
State Bar Associations than any other carrier in the country. The
primary responsibility of this Underwriting role is to provide
strategic assessment of risk , which includes analyzing
applications, determining insurability at acceptable pricing and
terms within the limits of underwriting authority, and binding
coverage. This position requires additional duties such as
mentoring colleagues, providing customer service to internal and
external customers, and participation in group projects centered on
overall organizational goals. We are looking for someone with a
positive attitude, a willingness to learn and be a natural problem
solver. Previous Insurance experience highly recommended. This is a
full time position, Monday Friday. Benefits include: employer
sponsored health insurance, employer 401k match, PTO, gym
reimbursement, business casual dress code, paid parking and much
more. Wage range is $35k + DOE. EOE POSITION SUMMARY The
Underwriter has overall responsibility for reviewing and analyzing
applications and renewals, determining insurability, acceptable
pricing and terms within the limits of underwriting authority,
binding coverage and overseeing timely issuance of policies. The
Underwriter is responsible for maintaining and servicing the
accounts as assigned. Trains and mentors others when asked to do so
and provides customer service to clients, potential clients and
other employees. The Underwriter must follow the Underwriting
Guidelines and Rate Filings and contribute to updates when
requested. ALPS employees are expected to maintain a positive work
atmosphere through communication and behavior that is courteous,
cooperative, non-harassing and respectful to customers, co-workers,
supervisors and management. ESSENTIAL JOB FUNCTIONS 1. Reviews new
and renewal applications to determine eligibility and continuation
of eligibility for Lawyers Professional Liability insurance.
Determines degree of risk, insurability and appropriate pricing
based on such factors as claims history, longevity with ALPS,
changes within the firm, and areas of practice. Follows
underwriting guidelines and company standards and procedures. 2.
Documents activity, changes and endorsements to accounts.
Underwriters electronic signatures as authorized representatives
are attached to all policies and endorsements before being sent.
Prepares documentation including coverage opinion letters, notices
of cancellation, cancellation memos, non-renewal notices and
declination notices. 3. Maintains assigned renewal book of
business. Requests additional documentation, as needed. Responds to
customer service needs and explains coverage and potential coverage
as well as underwriting decisions. 4. Attains premium, loss ratio
and service goals as assigned. Prepares quotes for Extended
Reporting Endorsements and requotes for revised applications. 5.
Trains and mentors new underwriters, cross-trains others, as
indicated. Assists others with additional work when necessary. 6.
Assists all sales personnel in their training and product knowledge
and in meeting their assigned goals and objectives. 7. Keeps
informed about the industry, market trends and competition and
communicates changes to other employees and management. 8. Performs
other duties/responsibilities and attends meetings as necessary and
assigned by management. 9. Contributes to the maintenance of the
proprietary software and provides IT with function design and
suggestions to better serve the internal and external customers and
reporting. QUALIFICATIONS Minimum Education: Undergraduate degree
or equivalent work experience. Applicable insurance industry
certifications a plus, but not required. Minimum Experience: Two
years work experience in insurance highly desired or equivalent
fast-paced office environment. Knowledge/Skills/Abilities:
Excellent written and oral communication skills; excellent
organizational skills, attention to detail and deadlines, ability
to follow and apply underwriting and company standards, and ability
to prioritize workload; flexible and resourceful with strong
negotiation skills; proven technical and analytical skills; ability
to work both independently and as part of a team. A high degree of
computer proficiency, adapts quickly to improving technology and
willing to learn. Other Qualifications: Adaptable to fast-paced,
frequently changing corporate structure and work environments.
Professional and self-confident. Uses experience and good judgment.
Able and willing to train and mentor others.
Keywords: ALPS CORPORATION, Missoula , UNDERWRITER, Other , Missoula, Montana
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