Lender Placed UnderwriterRockland, MA

GENERAL DESCRIPTION (SUMMARY, SCOPE, PURPOSE)

The Lender Placed Underwriter will manage all renewal insurance policies in accordance with underwriting guidelines. In

addition, this position will be responsible for managing policy issuance and delivery.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Underwrite all eleven GP3 policies.

  • Work with the sales team to quote all new MI and GP3 business.

  • Responsible for the underwriting and timely processing of all policy renewals; including GP3 policies.

  • Responsible for processing endorsements, cancellations, and reinstatements.

  • Responsible for preparing Rate Pages and Comparison documents used to present renewal offers.

  • Monitor loss-ratios and recommend rate, deductible, and coverage changes as well as policy cancelation where loss-ratio is unsatisfactory or there is a substantial change in underlying risk.

  • Provide assistance to internal and external customers regarding coverage interpretations and policy and endorsement provisions.

  • Assure that underwriting files are kept current and accurate.

  • Manage policy issuance and delivery.

  • Other duties as assigned.

The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences,

equalize peak work periods or otherwise to balance the workload.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Detail-oriented.

  • Minimum of three years insurance industry experience.

  • Ability to comprehend and apply insurance and technical knowledge.

  • Analyze information effectively.

  • Strong written and communication skills.

  • Ability to work in fast-paced, multi-tasking environment.

  • Prior P&C Insurance, Mortgage, or Forced Placed Insurance related experience is a plus.

  • Requires a working knowledge of Windows computer environment & Office software.

EDUCATION REQUIREMENTS

  • Requires a high school diploma or GED

  • College degree preferred

Job Tit: Lender Placed Underwriter

LICENSING OR CERTIFICATION REQUIREMENTS

None required.

PHYSICAL DEMANDS

The physical and environmental demands described here are representative of those that must be met by an employee to

successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with

disabilities to perform the essential functions of the job.

QUALIFICATIONS

To perform this job successfully, the incumbent must be able to perform each essential duty satisfactorily. The requirements

listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. These qualifications are considered without regard to

race, religion, color, sex, national origin, disability, or any other characteristic protected by federal, state, and local law. If this position requires licensing or certification, the incumbent must maintain that license or certification by meeting all continuing education and other requirements.

Department Account Management & Service

Required Experience: 1-2 years of relevant experience

Required Travel: No Travel Required

Required Education: High school or equivalent

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here athttp://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.

EEOAA Policy

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Hi, we’re HUB.

In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.

When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.

And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.

About HUB International

Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.