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Job Vacancy Announcement Detail


Employer: Traders Insurance Company
DBA: Traders Insurance Company
Address: P.O. Box 502473
Saipan, Northern Mariana Islands
96950 Northern Mariana Islands
Phone: 670-234-7788
Contact Traders Insurance Company via email

Job Vacancy Announcement JVA
JVA Type: New
Island Saipan
FLSA Covered? Yes, covered
DOD related? No
PERM related? * Yes
VEVRAA related? No
Original Number of Openings: 1
Number of Openings Currently Available 1
Specific Worksite location: SAIPAN
Job Classification: Sales and Related Occupations
Job Title: INSURANCE UNDERWRITER
Announcement Number: 18-11-63473
Job Classification: Sales and Related Occupations
Opening Date: 11/19/2018
Closing Date: 12/19/2018
Salary Range: $37003 to $37003 / Annually
Job Title: INSURANCE UNDERWRITER
Job Duties: Responsible in reviewing insurance applications of customers for insurance policies Property, Casualty, Worker Compensation, Auto and Accident Insurance for commercial and personal lines and evaluates the degree of risk involved and suggest recommendations or rejections of such applicants. Sign insurance contracts / policy, policy endorsements and bonds. Monitor industry trend in the market to keep current with regulations, and market position. Monitor underwriting processes, procedures, and output to guarantee exceptional service. Develop and recommend policies and procedures for the department, including underwriting aides, tools, and other forms of documentation / communication to maintain consistency and efficiency throughout the underwriting process. Examine insurance applications to determine degree of risk and appropriate premiums from such factors as applicant financial standing, condition and value of the property. Recommending declining an application if the proposed insurance cannot be underwritten as acceptable risk or does not meet underwriting and treaty guidelines. Assist agents and brokers in responding to questions about the proposed coverage and rates their customers. Conduct risk inspections, risk analysis and made recommendations to reduce or control risks involved Negotiate terms and conditions with policy holders, insurance brokers and agents. Acquire reinsurance support / facultative placements for risk exceeds the company retention limit. Entertain / answers inquiries of clients, brokers, and agents concerning their insurance policies. Prepare insurance quotation for direct clients, insurance agents and brokers. Visit insurance broker and prospective clients. Write policies and various reports
Qualification Requirements: High School Diploma (may be foreign equivalent). 48 months experience as Insurance Underwriter.
Full or Part Time: Full Time
Hours per Week: 40
Hours per Day: 8
Payment Frequency: Bi-weekly
Three-fourths Guarantee 655.18(b}{17}:

"The employer may voluntarily offer the three-fourths guarantee but it is not required as a condition of placing a job order to be filed in connection with an H-2B application pursuant to 20 CFR 655.5. Three-fourths is defined as an offer to workers full-time employment for a total number of work hours equal to at least three-fourths of the workdays of each 12- week period (or 6-week period if the employment covered by the job is less than 120 days.)."
Overtime Available: No
Overtime Rate: $0
Rate x 1.5 per hour Exempted: No
Specify All Payroll Deductions: None
Required tools, supplies and Equipment to be provided: None
Anticipated starting date of employment: 10/1/1900
Anticipated closing date of employment: 10/1/1900
Housing Provided: No
Food Provided: No
Transportation required: No
If transportation is required, daily transportation to and from the worksite(s) will be provided to the workers. Daily pick-up place(s) will be at: 0
Fringe Benefits: None
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