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Preferred Risk Insurance Jobs in Arizona (NOW HIRING)

We offer a comprehensive benefits package including health insurance, life insurance, LTD, paid ... preferred • Bachelor's degree or equivalent work experience is required • Professional ...

LOB Risk Specialist Sr

Phoenix, AZ · On-site

$55K - $141.70K/yr

Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks ... This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act ...

Bachelor's degree in Risk Management, Insurance, Business, Finance, or a related field. * Experience: * 5-7 years of experience in multiline insurance coverages, preferably in an agent/brokerage ...

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Preferred Risk Insurance information

What are the key skills and qualifications needed to thrive as a Preferred Risk Insurance Underwriter, and why are they important?

To thrive as a Preferred Risk Insurance Underwriter, you need a solid understanding of risk assessment, insurance policies, and underwriting principles, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, industry databases, and insurance regulations is crucial, and professional certifications like CPCU or AU are often preferred. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for evaluating applications and collaborating with agents or clients. These skills ensure accurate risk evaluation, profitable decision-making, and regulatory compliance within the insurance industry.

What are some common challenges faced by professionals working in Preferred Risk Insurance, and how can they effectively address them?

Professionals in Preferred Risk Insurance often face the challenge of accurately assessing and underwriting applicants who fall within favorable risk categories, while ensuring compliance with regulatory standards. Balancing competitive pricing with profitability is another key challenge, as is staying updated on evolving risk factors and industry trends. To address these issues, it's important to maintain strong analytical skills, foster clear communication with underwriting and sales teams, and regularly participate in training sessions or industry seminars. Collaboration with actuaries and claims specialists is also essential to ensure consistent risk evaluation and policy management.

What is Preferred Risk Insurance?

Preferred Risk Insurance refers to insurance policies offered to individuals or businesses that are considered low risk by insurance companies. These policyholders typically have a favorable claims history, good credit, and other positive risk factors, which can result in lower premiums and better coverage options. Preferred risk categories exist in various types of insurance, including auto, home, and life insurance, and are used by insurers to reward responsible customers. Being classified as a preferred risk can help you save money and access more comprehensive insurance products.

What is the difference between Preferred Risk Insurance vs Commercial Insurance Agent?

AspectPreferred Risk InsuranceCommercial Insurance Agent
CredentialsLicenses required, often with specific state certificationsSame licenses, may require additional certifications for commercial policies
Work EnvironmentPrimarily office-based, handling personal insurance policiesOffice and client meetings, handling business and commercial policies
Industry UsageUsed by insurance companies to classify low-risk clientsUsed by agents to sell various insurance products, including commercial policies

Preferred Risk Insurance typically refers to clients or policies with lower risk profiles, often handled by agents specializing in personal insurance. Commercial Insurance Agents focus on selling policies for businesses, which usually involve higher risks. While both roles require licensing and industry knowledge, Preferred Risk Insurance emphasizes low-risk personal policies, whereas Commercial Insurance Agents deal with business-related coverage.

What cities in Arizona are hiring for Preferred Risk Insurance jobs? Cities in Arizona with the most Preferred Risk Insurance job openings:
Senior Risk Control Consultant

Senior Risk Control Consultant

PMA Companies

Phoenix, AZ • On-site

$90K - $120K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 12 days ago


Job description

Reports directly to a Risk Control Manager or Regional Manager. The Sr. Risk Control Consultant will apply risk control and risk management techniques in the selection, management, and retention of accounts. The Sr. Risk Control Consultant will focus on evaluating client exposures and controls and developing plans to improve client performance. The Sr. Risk Control Consultant will participate in a team environment while carrying out individual service management responsibilities. The Sr. Risk Control Consultant will handle more complex clients and be assigned regional and corporate projects at the direction of the Risk Control Manager.
Primary Responsibilities:
  • Evaluate existing and prospective clients through the risk management assessment for all business segments and lines of insurance coverage that may include workers compensation, commercial auto, general liability, and property
  • Plan, coordinate and deliver consultative services based on client's actual and potential loss exposures and meet the department service management guidelines
  • Work closely with Underwriting and Claims to service accounts and actively participate in the account management process
  • Use analytics to support plans and recommendations, and to help show correlation of the service strategy to client improvement through the stewardship process
  • Deliver effective presentations to all levels of an organization on an individual basis or as part of a team
  • Manage a workload effectively and efficiently with limited guidance from a supervisor
  • Communicate progress to the team through verbal and written methods per department policies and to the Risk Control Manager during workload reviews
  • Meet all requirements under the department Service Review (QA) policy
  • We offer a comprehensive benefits package including health insurance, life insurance, LTD, paid time off, retirement savings, professional development opportunities, and wellness programs to support your overall well-being and growth
  • Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work

Five years of risk control, risk management, or safety experience preferred
• Bachelor's degree or equivalent work experience is required
• Professional certifications in the area of Occupational Health and Wellness, Certified Safety Professional (CSP) or Associate in Risk Management designation preferred
• Ability to understand how an organization operates through research, observation, and talking with client contacts
• Ability to translate understanding into communications with clients, brokers, and colleagues
• Strong verbal, writing, and presentation skills
• Strong organizational skills and ability to prioritize assignments
• Experience with business analytics preferred
• Competent with MS Office products
• Knowledge of relevant standards such as OSHA and DOT
• Willingness to travel by car within assigned territory and some overnight travel
• Must have a valid driver's license with an acceptable MVR
• Must be able to navigate through client locations in a safe manner including:
o Ascent and descend ladders and stairs to observe and evaluate client exposures
o Walking in interior and exterior environments where hot and cold exposures may be present
In accordance with state regulations, PMA is sharing the anticipated salary range for this position: $90,000 to $120,000. This range is informed by national market data and is intended to accommodate a wide variety of geographic locations and experience levels.
We recognize that exceptional talent may fall outside typical salary parameters. If your compensation expectations exceed this range, we still encourage you to apply. Final compensation will be determined based on a combination of factors including your experience, education, and skill set. Offers may fall below, within, or above the stated range.

Pulmonary Medicine Associates logo

About Pulmonary Medicine Associates

Sourced by ZipRecruiter

Pulmonary Medicine Associates is a premier pulmonary, critical care, and sleep medicine practice in Roseville and Sacramento, California. With a variety of medical specialists, the practice cares for patients of all ages: babies, children, teenagers, and adults. Pulmonary Medicine Associates offers a broad spectrum of specialized services in outpatient, inpatient, and telemedicine settings. The practice has longevity in the community, serving patients for more than 50 years. The outstanding providers are dedicated to achieving the finest quality of care in a comfortable, welcoming setting. In addition to sleep medicine, pulmonary care, and critical care services, Pulmonary Medicine Associates offers infectious disease treatments, wound care, transitional care, travel medicine, neurocritical care, palliative care, and much more. The practice also provides hyperbaric oxygen therapy and has a sleep lab for sleep studies. Patients struggling with sleep disorders, chronic obstructive pulmonary disease (COPD), lung diseases, infectious diseases, non-healing wounds, and severe injuries or illnesses can rely on Pulmonary Medicine Associates for superior care. The compassionate providers personalize each treatment to a patient’s needs and offer the latest advances in technologies and procedures. They enjoy helping patients sleep better, heal and recover faster, experience less pain, breathe easier, and have the best quality of life possible at every stage. The Pulmonary Medicine Associates experts welcome new and existing patients and look forward to serving them. Schedule an appointment at Pulmonary Medicine Associates by phone or request one online today.

Industry

Hospitals

Company size

51 - 200 Employees

Headquarters location

Roseville, CA, US

Year founded

1973