Property Underwriter Resume Samples

The Property Underwriter is responsible for assessing and analyzing risks associated with property insurance applications. A well-drafted Property Underwriter Resume mentions the following duties – evaluating property values, conducting risk assessments, determining appropriate coverage and premiums, collaborating with insurance agents, analyzing property inspection reports, using underwriting guidelines to make informed decisions on policy approvals or rejection; negotiating terms and conditions with clients, and staying informed about market trends to manage and mitigate risks effectively.

To excel in this role, the following skills are expected from job applicants – strong analytical skills, attention to detail, and a deep understanding of property insurance principles and regulations; effective communication skills, negotiation skills, and staying updated on industry trends and changes in risk factors. A bachelor’s degree in finance, business, or a related field is often required, and relevant certifications can enhance the applicant’s qualifications.

Property Underwriter Resume example

Property Underwriter Resume

Summary : As a Property Underwriter, undertake the task of contract calculation and negotiations, and prepare risk prevention concepts, while being an expert in Property insurance.

Skills : Risk Assessment, Knowledge of risk mitigation strategies.

Property Underwriter Resume Example
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Description :

  1. Actively engaged with brokers, cedants, and insureds throughout the region to better understand their needs, and market HDI’s products and solutions.
  2. Managed and developed a portfolio of accounts, proactively identifying growth opportunities.
  3. Collaborated effectively with stakeholders from various departments within HDI.
  4. Underwrote business according to HDI’s underwriting philosophy and guidelines.
  5. Reviewed and completed full assessments of renewal and new business, utilizing HDI’s underwriting and pricing tools.
  6. Delivered on HDI’s Key Performance Indicators for growth and profitability.
  7. Raised company and own visibility through attendance and representation of HDI at appropriate events, conferences, and industry seminars.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Consultant
Education
Education
BPM


Assistant Property Underwriter Resume

Objective : As an Assistant Property Underwriter, expertise and guidance to Business Units and Underwriters under general direction and specializing in a line of business, to enable the achievement of business plans and the delivery of excellent customer service.

Skills : Analytical Skills, Proficiency in identifying trends and making informed decisions.

Assistant Property Underwriter Resume Model
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Description :

  1. Visited overseas brokers, cedants, and insured to support business development activity as required.
  2. Contributed implementation of underwriting strategies (risk analysis, terms and conditions, portfolio mix, and profitability) and solutions (product development, underwriting tools, and processes) for a portfolio, and line of business.
  3. Monitored underwriting strategy relating to performance metrics, data, and insights.
  4. Operated within established organization Risk Policy, Underwriting Guidelines, underwriting governance policies, and local rules and regulations.
  5. Contributed to development of technical underwriting guidelines, and Best Practices, including controls and procedures.
  6. Worked on projects of low to moderate complexity.
  7. Handled queries within delegated authority.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
BBA


Junior Property Underwriter Resume

Objective : As a Junior Property Underwriter, review and approve final bound policy terms before mailing to broker/client by underwriting standards and guidelines.

Skills : Attention to Detail, Financial Acumen.

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Description :

  1. Supported aspects of portfolio management, including analysis to monitor profitability and growth of specialty areas of business.
  2. Contributed to the Technical Underwriting Review Process.
  3. Resolved technical problems by referring to policies, procedures, and specifications.
  4. Provided technical expertise for short-term, defined scope projects.
  5. Utilized local knowledge and skills to facilitate communication and collaboration between the market-facing and technical underwriting teams, aiming to establish a productive and streamlined relationship that improves customer service.
  6. Implemented and monitored Property underwriting guidelines within the allotted Zones / Areas / Verticals and identified business risks associated, from time to time.
  7. Responsible for reviewing proposals and providing Inputs in terms of Reinsurance guidelines, local market dynamics, nature of business, quality of risk and recommendations thereof.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
BEng

Senior Property Underwriter Resume

Summary : As a Senior Property Underwriter, proactively support the acquisition of new business and retention of existing business (including client and broker negotiations where necessary).

Skills : Regulatory Knowledge, Familiarity with insurance laws, and regulations.

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Description :

  1. Monitored performance and risk associated with various products to identify and drive improvement opportunities.
  2. Responsible for providing sanction on deviations by assessing exception cases over and above standard parameters along with the Risk Engineers.
  3. Reviewed the risk based on the market intelligence and based on the third party risk inspection reports.
  4. Tracked the major accounts in the books across the LOB’s and weed out the loss making business in case no opportunity exist for the improvements.
  5. Identified the early trends potential business threats and make necessary corrections in books and protect the books from new business according to time to time updated underwriting guidelines.
  6. Audited coordination and support clarification, resolution, and closures.
  7. Responsible for interacting with internal stakeholders (Operations, IT, Marketing, Finance) to meet the smooth proceedings of the business requirements at various stages.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Senior
Education
Education
BBA

Associate Property Underwriter Resume

Objective : As an Associate Property Underwriter, proactively manage capacity. Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios.

Skills : Communication Skills, Decision-Making.

Associate Property Underwriter Resume Example
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Description :

  1. Independently underwrote and priced moderate to highly complex business in accordance with corporate, divisional, and department guidelines and philosophy.
  2. Underwrote new and renewal business, including all tasks associated with risk and coverage analysis and pricing, and provide recommendations for proposed terms within delegated underwriting authority.
  3. Reviewed primary policy, contract and endorsement wording and ensure accuracy and conformance with guidelines.
  4. Demonstrated and maintained enhanced technical product and underwriting expertise.
  5. Referred all business outside of delegated underwriting authority to the appropriate referral underwriter.
  6. Developed and maintained strong market presence by developing client and broker strategies.
  7. Provided responsive service on all broker and direct client requests.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Fresher
Education
Education
BBA

Property Underwriter Resume

Objective : As a Property Underwriter, work directly with the Field/TUMs/IP Leaders/Regional Leadership on complex property transactions and driving overall property results including new business, rate/exposure, retention, and profitability.

Skills : Balancing risk and profitability, Customer Service.

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Description :

  1. Monitored profitability of assigned clients and brokers, developing strategies or action plans to propose corrective actions as needed.
  2. Led departmental projects related to the development and implementation of underwriting strategy.
  3. Promoted the Group’s capabilities and competencies externally.
  4. Demonstrated proven negotiation skills and the ability to influence internal stakeholders.
  5. Demonstrated proficiency in the use of pricing models, tools and other risk evaluation models.
  6. Participated in peer reviews of team members’ accounts.
  7. Underwrote insurance risks in alignment with the Business Plan and personal authority to achieve business objectives.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
BPM

Property Underwriter Resume

Summary : As a Property Underwriter, underwrite new and renewal accounts to meet top and bottom-line targets. Negotiate participation, pricing and terms and conditions with brokers.

Skills : Proficiency in using underwriting software and tools.

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Description :

  1. Cultivated and maintained strong relationships with stakeholders, including customers, brokers, and colleagues, to maximize influence and support business goals.
  2. Developed strategic relationships in line with the Business Plan to facilitate the achievement of objectives.
  3. Ensured compliance with insurance strategy to mitigate risk and achieve business plan targets.
  4. Participated actively in shaping and developing strategy, knowledge, and best practices within the team.
  5. Promoted the department, division, and company brand positively to leverage brand equity effectively.
  6. Ensured adherence to all legal and regulatory requirements to meet obligations.
  7. Maintained underwriting standards, instructions, and best practices to minimize risk and enhance efficiency.
Years of Experience
Experience
10+ Years
Experience Level
Level
Management
Education
Education
BBA

Property Underwriter Resume

Headline : As a Property Underwriter, responsible for evaluating and managing the risks associated with commercial and residential properties. Leveraging your deep understanding of the real estate market, you will assess property characteristics, analyze historical data, and apply your expertise to determine appropriate coverage and pricing.

Skills : Familiarity with data analysis software and databases, Negotiation Skills.

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Description :

  1. Stayed updated on market dynamics and demonstrate market cycle awareness to operate effectively.
  2. Motivated and developed the team by demonstrating good leadership behaviors and management best practices to support the achievement of business goals.
  3. Thoroughly reviewed property information, including location, construction, occupancy, and loss history, to assess the level of risk.
  4. Collaborated with brokers, agents, and clients to gather relevant data and understand their specific needs and concerns.
  5. Utilized advanced analytical tools and industry-leading software to model and evaluate risk factors.
  6. Determined appropriate coverage limits, deductibles, and premiums based on your risk assessment.
  7. Maintained detailed documentation and records to support underwriting decisions.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
BBA

Property Underwriter Resume

Objective : As a Property Underwriter, the ability to identify and mitigate potential risks will be instrumental in ensuring the financial stability and success of our organization.

Skills : Documentation and Record-Keeping, Judgment and Decision-Making.

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Description :

  1. Combined technical underwriting knowledge with strong negotiation skills.
  2. Responsible for finding ways to say yes while also upholding good practices.
  3. Responsible for evaluating risk, setting terms, and pricing for new and existing business.
  4. Took the lead in building relationships and nurturing existing clients.
  5. Provided in-house support with the development of the team.
  6. Developed and utilized a broad knowledge of our General Property product offering to handle complex tasks and support broker and customer inquiries.
  7. Prepared underwriting reports and update insurance forms when necessary.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Entry Level
Education
Education
BBA

Property Underwriter Resume

Summary : As a Property Underwriter, training, developing and coaching less experienced staff (including Junior Underwriters, Operations and Credit Control).

Skills : Budget Management, Market Knowledge.

Property Underwriter Resume Model
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Description :

  1. Solicited and reviewed new and renewal property submission from various production sources.
  2. Analyzed submitted documentation according to company underwriting standards and guidelines and requested additional information.
  3. Subject to written underwriting authority, prepared and presented quotation terms and conditions as submitted.
  4. As regards quoted terms or conditions outside underwriting authority, prepared written referral documents and submitted them for approval to the appropriate authority.
  5. Reviewed and approved binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
  6. Prepared and approved insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts.
  7. Set up or reviewed and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Senior
Education
Education
BBA