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Underwriting Analyst

Old Republic Risk Management
Brookfield, WI Remote Full Time
POSTED ON 6/12/2024 CLOSED ON 7/10/2024

What are the responsibilities and job description for the Underwriting Analyst position at Old Republic Risk Management?

Old Republic Risk Management (ORRM) is currently seeking an Underwriting Analyst to join its Underwriting Services Team at its company headquarters in Brookfield, WI. In general, Underwriting Analyst is responsible for providing account services management for Group Captive Programs.

DUTIES AND RESPONSIBILITIES:


  • Responsible for data quality and accuracy in the preparation, updating and monitoring of the Excel based pricing template model to support Old Republic's group captive programs.
  • Coordinate and complete new business and renewal account processes to support group captives.
  • Prepare and review premium audit calculations for Group Captive programs.
  • Manage and review broker correspondence including authorizing required changes to member policies.
  • Quote and bind ancillary policies as requested.
  • Review Group Captive member policies for accuracy.
  • Complete and maintain large loss reviews and exposure profiles for Group Captives.
  • Actively participate in recommending workflow improvements.
  • Other duties as assigned.


QUALIFICATIONS:

This position requires an Associate’s degree, or equivalent, and a minimum of one year related commercial casualty, underwriting, or risk management experience, or an equivalent combination of education and experience.


Working as an Underwriting Analyst requires one to work independently and effectively within a fast-paced environment. Proficiency with Microsoft (MS) Windows and Office products is necessary. Other skills necessary include excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.

TRAVEL:
This position requires little to no travel.

PHYSICAL AND ENVIROMENTAL DEMANDS:
This position requires one to sit for extended periods of time and stand and/or walk occasionally. This position requires use of office equipment. This position requires one to occasionally push, pull, carry, and/or lift up to 10 pounds.


WHO ARE WE?

Old Republic Risk Management (ORRM) serves the casualty needs of large corporate and group clients in many industries that are core to the North American economy. We do this through our unbundled claims and risk control business model. We pioneered the alternative market approach to insurance risk management. ORRM has worked with many Fortune 500 companies and other large publicly held and private enterprises since the early 1950s. This gives us longstanding and industry-leading expertise in providing innovative solutions and services for sizable insurance buyers. These offerings include the use of large deductibles, self-insurance, and captive mechanisms.

The Old Republic brand is well known in this specialized market. Our competitive advantages include best-in-class service, product stability, responsiveness, and innovative flexibility to meet customer needs. We remain in a good position to deliver profitable growth by capitalizing on the strength of our core products and services.

WHY OLD REPUBLIC RISK MANAGEMENT?
At Old Republic Risk Management, we look for bright, passionate individuals who share our values and quest for success and offer them the support and flexibility to grow to be their best at work, at home, and in the communities in which they live. We offer all of this in an open-door, collaborative workplace that encourages and rewards team-work and individual contributions. Learn more about our company by watching this video! For more about our outstanding benefits and culture, please visit our website.

COMPANY BENEFITS

Financial:

  • Competitive salary
  • 401k Savings & Profit-Sharing Plan, including company match contribution
  • Roth investment options
  • 529 Education Savings Plan
  • Employee Referral Bonus Program

Health:

  • Health Insurance
  • Dental Insurance
  • Flexible Spending & Health Savings Account options
  • Life Insurance
  • Vision Insurance
  • Supplement Life Insurance
  • Long-Term Disability Insurance
  • Paid Leave of Absence Benefits
  • Accident & Critical Illness Insurance
  • Pet Insurance

Work-Life Balance:

  • 38.75 hour standard work week
  • Hybrid work opportunities available upon completion of training
  • Casual business attire
  • On-site fitness center (Brookfield Home Office location)
  • Generous paid time-off (PTO)
  • Paid holidays
  • Company-sponsored subscription to Calm app
  • Volunteer opportunities
  • Company-sponsored events and outings

Interested? Click ‘apply’ and follow some very simple steps to get your resume in front of the Talent Acquisition team.

Old Republic Risk Management is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.
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