Associate Underwriter, Warranty and Lender Solutions at INS - KC in Kansas City, Missouri

Job Description:

The Arch Warranty & Lender Solutions Division in Kansas City is seeking an Associate Underwriter to join their underwriting team. The Associate Underwriter will report directly to Assistant Vice President, F&I Underwriting. This person will be responsible for providing underwriting support for the division, primarily working with Debt Cancellation products such as GAP and Excess Wear & Tear. In addition, they will have exposure to and provide support for various Service Contract products. The Associate Underwriter will develop and maintain relationships with third party administrators and agents. This person will be able to understand and communicate necessary product and service information to our clients. This role will require successful execution of risk analysis, service timeliness, personal accountability and team work. This individual must demonstrate the ability to effectively evaluate risk for approval including alignment with strategies, underwriting guidance, and processes & procedures.

• Determine the desirability of business risks. Price exposures in accordance with filed and approved rate levels and business unit guidelines.


• Ensures underwriting and servicing of risks is both timely and accurate adhering to all Arch underwriting / compliance guidelines, service standards and regulatory requirements.


• Ensure underwriting files for business written are complete with all required documentation including pricing models, underwriting notes and product risk assessment documents.


• Maintain ongoing communication with clients to obtain supplemental underwriting information, evaluate risks, analyze and interpret coverage, explain underwriting requirements and expectations, and present terms.


• Regularly interfaces with customers to provide service and to keep abreast of customer issues.


• Assist the other underwriters in their day-to-day responsibilities as required by running portfolio reports, reviewing loss projections and other ad-hoc projects clearly identifying exceptions, issues or areas of focus.


• Keep up to date with industry trends and have a competent understanding of the portfolio’s performance.


• Will work with other departments, including but not limited to Operations, Policy Issuance, Claims, Actuary, and Accounting.

• Background and knowledge of debt cancellation products such as GAP/Excess Wear and Tear and/or knowledge of Service Contracts and Service Contracts products in the Auto or Consumer space


• High computer literacy and able to demonstrate advanced Excel skills


• CPCU, AINS, ARe or other insurance designation a plus