Underwriting Risk Review Specialist

Summary

Join NEXT Insurance as an Underwriting Risk Review Contractor and play a key role in ensuring the accuracy and compliance of workers' compensation policies. You will conduct post-bind underwriting reviews, collaborate with various teams to improve processes, supervise other contractors, and evaluate policy change requests. This role requires expertise in workers' compensation underwriting, strong understanding of regulations, and proficiency in insurance management systems. You will contribute to data accuracy, system optimization, and regulatory compliance. NEXT offers a competitive hourly rate, equity incentive program, and a comprehensive benefits package.

Requirements

• Workers Compensation underwriting and rating expertise for small businesses, with familiarity in single-risk underwriting
• Strong understanding of regulatory requirements and state Workers Compensation Bureau guidelines
• Ability to manage multiple tasks, prioritize effectively, and maintain high accuracy in all reviews
• Experience with insurance management systems and proficiency in Google Workspace applications
• Process improvement mindset with a demonstrated ability to streamline workflows

Responsibilities

• Conduct post-bind underwriting reviews for Workers Compensation policies to ensure compliance and accuracy
• Collaborate with product and underwriting teams to provide insights that refine and improve NEXT’s underwriting systems and workflows
• Supervise other contractors performing post-bind and renewal policy reviews, ensuring quality and consistency
• Evaluate and process post-purchase policy change requests with a focus on accuracy and efficiency
• Identify opportunities to streamline post-bind underwriting processes, contributing to faster and more accurate data collection and analysis
• Use findings from reviews to help improve data labeling accuracy, supporting machine learning models and system optimization
• Stay informed on regulatory changes and help integrate these changes into automated underwriting processes
• Share multi-line expertise to identify cross-functional improvement opportunities across lines of business, such as General Liability, Property, and Professional Liability

Preferred Qualifications

• Multi-line experience in underwriting additional lines of business, such as General Liability, Property, and Professional Liability
• Exposure to data labeling or involvement in projects requiring data curation for system improvement
• Experience working with or supporting machine learning models in underwriting or claims systems
• Knowledge of modern underwriting trends, including the use of AI and technology-driven decision-making

Benefits

• Partially subsidized medical plan
• Fully subsidized vision/dental options
• Life insurance
• Disability insurance
• 401(k)
• Flexible paid time off
• Parental leave
• Overtime pay for hourly workers as required by law
• Equity incentive program