Underwriter, Albany - (Albany, NY)

Job details: This position is involved in the review and appraisal of applications for insurance placement . Uses knowledge and independent judgment to determine eligibility of risks when compared to guidelines of programs available. Interacts with Companies and Brokers via telephone, e-mail, regular mail and personal contact. Essential Duties and Responsibilities: Reviews applications for insurance coverage, reports from loss control consultants and other info to determine if application is acceptable for the program(s) available. Evaluate the background of a risk against the class of business under review. Evaluate the loss potential due to catastrophe, severity, and/or frequency. May rate policies or check previously rated policies for proper rating. Utilizes knowledge of automated systems to develop info for new or renewal policies. Prepares quotations for agents and answers questions from agents, policyholder, or prospects.