This position is an entry level role at Jet Financial Corporation. Your primary responsibility is
to provide efficient client services and perform underwriting for all new inquiries and policy
renewals. As an underwriter, you will assess and evaluate risks associated with bond
applicants and determine price and terms for issuing bonds.
We pay salary plus bonus. Jet compensates those who create value. The more value
added, the more compensation Jet will pay. Below are the following responsibilities of the
position:
• Application Processing: Receive and underwrite new business applications from
clients via phone, website submission, or mail. Ensure all necessary information is
provided and accurately recorded in the system.
• Underwriting analysis and quoting: Review and analyze all incoming bond
applications submitted to determine eligibility, based on current Underwriting
guidelines. Evaluate the financial strength, creditworthiness, and overall risk profile
of applicants.
• Customer Inquiries: Respond to inquiries from customers regarding the
underwriting determinations, premiums, and other related business questions.
Provide clear and accurate information to assist customers in making informed
decisions.
• Communication: Collaborate with other business units, including other
underwriters from different business units, to gather additional information, clarify
application details, and discuss risk assessments. Communicate underwriting
decisions and provide explanations to Business Unit Leaders when necessary.
• Market Research: Capitalize on additional marketing opportunities and industry
insight through customer relationships and consistent review of competitor pricing.
• Claims Intake: Receive and review new surety claims, utilizing written claims SOPs.
Gather essential information such as bond details, loss descriptions, and any
supporting documents.
• Maintain accurate business records and documentation of underwriting decisions,
including supporting analysis and rationale for out of the box approvals or
rejections. Ensure that all necessary paperwork and files are properly organized and
maintained.
The task descriptions provide a general overview of the key responsibilities involved in the
role, however flexibility for additional tasks is necessary for success in the role.
Training will be done under both of Jet Financial Corps divisions (BondExchange and Jet
Insurance Services) for several months to provide proper breadth of industry knowledge.
From there entry level position employees are expected to move into an industry focused
business unit or wholesale targeted region.
Job Qualifications:
• Education: A bachelor's degree is a plus but not required.
• Computer Skills: Proficiency in Microsoft and Google applications. Need ability to
quickly learn the proprietary software used in our underwriting process.
• Communication Skills: Underwriters need to effectively communicate their
decisions and recommendations to clients via phone, email, and mail. Strong verbal
and written communication skills are necessary to convey complex information
clearly and professionally.
• Attention to detail: A high level of accuracy and attention to detail is crucial to
identify potential risks and make rapid informed decisions.
• Adaptability and willingness to learn: The entry level underwriter position exists as
stepping stone to future leadership, so an openness to acquire new skills and a
willingness to adapt to changing circumstances and responsibilities is essential.
Industry
• Insurance
Employment Type
Full-time
DiversityX
