Underwriter

Responsibilities

• Analyze and evaluate applications for workers’ compensation insurance policies.
• Serve policies with large premiums and resolve underwriting issues that are potentially difficult, sensitive, or costly to NYSIF.
• Determine if the policy is properly underwritten.
• Analyze previous loss and premium data, including experience rating data and claims material to price coverage.
• Define, restrict, or qualify the policy coverage.
• Review audits and renewals.
• Represent NYSIF at Hearings before the Workers’ Compensation Board and testify in depositions and trials as an expert witness.
• Correspond frequently with policyholders or their representatives, brokers, and NYSIF departments concerning payroll and premiums, coverage, classifications, experience rating, certificates of insurance, endorsements, laws, rules, and procedures.
• Perform other related duties as assigned.

Minimum Qualifications

For Appointment to Underwriter 1, SG-18:

• Reachable on current Civil Service eligible list for this title; OR
• One year of permanent, competitive class service in a title eligible for transfer under Section 70.1 of the Civil Service Law. Eligible titles include, but are not limited to: Administrative Specialist 1, Investigator 2 (Compensation Claims), Policyholder Services Representative 1, Claims Service Representative 1; OR
• A bachelor’s or higher degree AND two years of professional Underwriter experience.

For Appointment to Underwriter Trainee 1:

• Reachable on current Civil Service eligible list for this title; OR
• One year of permanent, competitive class service in a title eligible for transfer under Section 70.1 of the Civil Service Law. Eligible titles include, but are not limited to: Investigator 1, Assistant Insurance Fund Services Representative, Program Aide; OR
• A bachelor's or higher degree (in any area of study).

Please be advised that the New York State Insurance Fund does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position.

Additional Comments

• For new State employees appointed to graded positions, the annual salary is the hiring rate of the position.
• Fringe Benefits include competitive compensation, career growth potential, open and supportive team environment, vacation and sick leave accruals, paid holidays, full medical, vision, and dental, retirement options, and public student loan forgiveness.

NY HELPS Program: This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS). For the duration of the NY HELPS Program, this title may be filled via a non-competitive appointment, which means no examination is required but all candidates must meet the minimum qualifications of the title for which they apply.

NYSIF Commitment to Diversity, Equity, and Inclusion: The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI). NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category. We strive to foster a workplace where diverse individuals can participate fully in the decision-making process and have ample opportunity for advancement.