Foundation Risk Partners

Underwriting Analyst - MSI

United States

Foundation Risk Partners Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, MGAIndustries

Requirements

Candidates should possess a Bachelor's degree in a related field, along with at least 2 years of experience in underwriting or a similar role. Strong data entry skills and proficiency in using agency management systems are required, as is the ability to review documentation and ensure risk meets outlined requirements.

Responsibilities

The Underwriting Analyst - MSI will be responsible for data importing and data entry of accounts into the agency management system, binding of coverage, sending policies and endorsements to brokers, and providing prompt and courteous service to underwriters, brokers, coworkers, and management. They will also handle documentation review, documentation maintenance and policy generation, 1st level customer and broker correspondence, processing of endorsements and legal notices, and assisting with Loss History reports, invoicing, and importing when needed. Additionally, the role includes training new Underwriting Analysts and handling escalated or more complex tasks, supporting the overall production and objectives of the department.

Skills

Data entry
Documentation review
Customer service
Communication
Teamwork
Independent work
Policy binding
Endorsements processing
Legal notices handling
Training and mentoring

Foundation Risk Partners

Insurance brokerage and consulting services

About Foundation Risk Partners

Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Their approach combines expertise in various sectors with a commitment to cultural alignment and shared values. Unlike many competitors, Foundation Risk Partners emphasizes a collaborative relationship with clients, aiming to achieve exceptional outcomes and drive success for their partners.

Key Metrics

Daytona Beach, FloridaHeadquarters
2017Year Founded
$2MTotal Funding
DEBTCompany Stage
Consulting, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation

Risks

Over-reliance on AI could cause disruptions if technical issues arise.
Expansion into new regions may pose compliance and operational challenges.
Leadership changes might lead to strategic shifts affecting company stability.

Differentiation

Foundation Risk Partners leverages AI to enhance risk analysis accuracy and speed.
The company focuses on a strategic mix of industry expertise and cultural fit.
Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.

Upsides

AI solutions have decreased cycle times by up to 90% for certain activities.
Prospect conversion rates have increased by up to 50% due to AI adoption.
Expansion into Baldwin, New York, offers new market opportunities.

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