Insurance Underwriter

Overview Eastern Underwriting is seeking a detail-oriented and analytical Insurance Underwriter to join our dynamic team. The ideal candidate will possess a strong understanding of financial concepts and risk analysis, enabling them to assess insurance applications and determine coverage eligibility. This role is crucial in ensuring that our underwriting processes align with company standards while effectively managing risk. As an Underwriter for Eastern Underwriting, we offer a competitive starting wage plus quarterly bonuses as KPI's are met, insurance package, 401k and paid time off. Who we are: Located in the heart of Knoxville, Eastern Underwriting Managers remains a top leader in the insurance industry. We pride ourselves on providing exceptional service to our community and policy holders. Learn more about us by visiting our website: easternunderwritingmanagers.com Duties Evaluate insurance applications by analyzing financial documents and conducting thorough risk assessments. Utilize financial modeling techniques to predict potential risks and losses associated with underwriting decisions. Conduct quantitative analysis to support decision-making processes regarding policy approvals or denials. Prepare detailed financial reports and documentation to communicate underwriting decisions clearly. Collaborate with agents and clients to gather necessary information for underwriting evaluations. Implement fraud prevention detection measures to identify potential fraudulent activities within applications. Stay updated on industry trends, regulations, and best practices in underwriting and risk management. Requirements Proven experience in underwriting or a related field, with a strong understanding of underwriting principles. Property and Casualty License is a must Proficiency in financial concepts, including financial analysis and report writing. Strong analytical skills with the ability to perform quantitative analysis effectively. Familiarity with risk analysis methodologies and fraud prevention techniques. Excellent communication skills, both written and verbal, for effective collaboration with stakeholders. A degree in finance, business administration, or a related field is preferred but not mandatory. Job Type: Full-time Pay: $23.00 - $25.00 per hour Expected hours: 40 per week Benefits: 401(k) Dental insurance Health insurance Life insurance Paid time off Vision insurance Physical Setting: Office Schedule: 8 hour shift Day shift Monday to Friday Work Location: In person