Underwriting Analyst at Assurant

San Jose, California, United States

Assurant Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Minimum of 5 years in Property & Casualty Insurance with 2 years in interpreting P&C forms, portfolio performance, and analytics
  • Advanced analytical skills, including Excel, Power BI, Tableau, or Looker; familiar with SQL queries
  • Ability to analyze risk, rates, and policy language
  • Bachelor’s degree or equivalent work experience
  • Critical thinking to identify root cause for problems and provide solutions

Responsibilities

  • Develop programs, procedures, and controls to support underwriting objectives
  • Analyze underwriting metrics and identify trends using statistical tools
  • Create reports and data visualizations to communicate performance insights to senior leadership
  • Recommend adjustments to improve profitability and support product development
  • Fulfill ad hoc reporting requests and validate standardized reports
  • Assist in the development and enhancement of P&C products
  • Collaborate cross-functionally with departments for research and implementation
  • Evaluate market opportunities and analyze the financial potential of new products
  • Contribute to the development of policy language, pricing, and quality standards
  • Manage internal and external resources for product implementation
  • Analyze product testing results to ensure profitability
  • Stay informed on industry trends through continuous learning and networking
  • Support geographic-level reporting and analysis

Skills

Excel
Power BI
Tableau
Looker
SQL
Underwriting
Risk Analysis
Data Visualization
Statistical Analysis
P&C Insurance
Policy Analysis

Assurant

Provides risk management and insurance solutions

About Assurant

Assurant provides risk management solutions that focus on protecting major consumer purchases, particularly in mobile devices, electronics, and smart technology. The company offers insurance products and extended service contracts that help consumers safeguard their investments in high-value items. When a product is damaged or malfunctions, Assurant also provides repair services to restore it efficiently. This approach helps clients minimize financial losses from unexpected events. Assurant generates revenue through the sale of insurance policies, service contracts, and repair services. Unlike many competitors, Assurant emphasizes diversity, equity, and inclusion within its corporate culture, which enhances its ability to serve a diverse customer base. The company's goal is to support consumers and businesses in maintaining their day-to-day operations while protecting their investments.

New York City, New YorkHeadquarters
1892Year Founded
IPOCompany Stage
Financial Services, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Hybrid Work Options
Professional Development Budget

Risks

Integration challenges from acquiring iSmash may affect operational efficiency.
Regulatory scrutiny from acquiring American Lease Insurance could pose compliance challenges.
Cultural clashes from acquiring American Financial & Automotive Services may impact operations.

Differentiation

Assurant specializes in risk management for mobile devices and electronics globally.
The company offers insurance, service contracts, and repair services for high-value items.
Assurant's DEI commitment fosters innovation and enhances customer understanding.

Upsides

Increased demand for mobile device insurance due to remote work trends.
5G expansion drives demand for new devices and related insurance products.
Acquisition of iSmash enhances Assurant's tech repair service capabilities.

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