UW Business Analyst, Shorai

About the Role

As a participant in the Shōrai Program, you will apply creative and analytical thinking, demonstrate effective problem-solving skills, and make informed decisions utilizing technical expertise gained during the program. The three-year educational and developmental framework offers an excellent opportunity to launch your career, providing exposure to key areas including Corporate Underwriting and Global Business Unit (GBU) departments.

Key Responsibilities

Phase One: Underwriting Business Analyst

• Work directly with Underwriting Leadership, Underwriters, and Underwriting Analysts to understand project concepts, objectives, and approach.
• Take assigned projects from original concept through final implementation with direction from underwriting unit owners.
• Create and maintain project schedules by developing project plans and specifications.
• Become a user expert on Policy Decisions (Majesco), OnBase, TED, Sales Force, Loss Control 360, and other system applications as necessary.
• Assist in the development of effective tools for Underwriting Management and Underwriters to enhance portfolio management capabilities.
• Collaborate and liaise with other internal business units in developing reports, data management/reporting tools, and improving workflows and processes.
• Review various sections of Underwriting guides and work with FUW and CUW on any suggested changes.
• Comply with proper internal controls to conduct job functions and/or carry out responsibilities and/or administrative activities.

Phase Two: Underwriting Focus

• Develop underwriting skillset by managing a book of assigned accounts to gain experience with systems and processes, facilitating operational efficiencies within the Underwriting Department.
• Analyze and evaluate exposures, determine and recommend underwriting actions, set appropriate pricing and terms, and identify/refer alternatives within the scope of authority and with Manager guidance.
• Complete all file documentation and rating schedules in compliance with all internal and state regulatory requirements.
• Maintain effective communication and rapport with Client Solutions, insureds (as applicable), producers, other departments, and unit staff members.
• Coordinate account activities between various other departments, underwriters, account executive officers, and producers, with assistance as needed, within the scope of account ownership and authority.
• Undertake ad hoc project work in a variety of vertical initiatives.
• Stay current with market intelligence on an ongoing basis.
• Comply with proper internal controls to conduct job functions and/or carry out responsibilities and/or administrative activities.

Requirements & Tech Stack

• Policy Decisions (Majesco)
• OnBase
• TED
• Sales Force
• Loss Control 360
• Adobe Acrobat
• Microsoft Office Suite (specifically Word, Excel, and PowerPoint)

Qualifications

• Bachelor’s degree required.
• Advanced skills in Adobe Acrobat and Microsoft Office Suite, specifically Word, Excel, and PowerPoint.
• Strong oral and written communication skills.
• Ability to multitask.
• Ability to work independently.
• Legal authorization to work in the U.S.

Salary range: $60,000 to $70,000.

Benefits: Comprehensive benefit package including a generous 401K match.