$80/hr · Mercor · Hourly, 20 hours a week
A property and casualty underwriter creates realistic risk scenarios, grades AI underwriting decisions against professional standards, and coaches systems on risk selection and coverage logic.
What you would do
- Design realistic underwriting scenarios involving submissions, loss analysis, exposure assessment, classification, pricing, and coverage decisions
- Construct work products including risk assessments, quote justifications, information requests, declination statements, and renewal strategies
- Grade AI responses using structured rubrics covering technical accuracy, consistency with guidelines, sound risk judgment, and standard compliance
- Identify model errors in risk differentiation, unsupported assumptions, incorrect policy-term application, or inappropriate acceptance/declination
- Provide detailed feedback on gaps in model reasoning about risk assessment and how guidelines support underwriting objectives
Who they want
- 2+ years professional P&C underwriting experience with authority or responsibility for risk selection
- Underwriting expertise in at least one major segment: residential, commercial structures, liability exposures, fleet operations, specialty, or multi-coverage programs
- Knowledge of the full underwriting progression from initial submission through risk assessment, quoting, contract issuance, account servicing, and discontinuation
- Ability to explain how account characteristics, jurisdiction, peril, loss history, and market conditions drive underwriting decisions
- Strong written reasoning, sound risk judgment, and meticulous attention to detail in decision documentation
Main skills
What the interview asks about
1.Risk differentiation reasoning
Distinguishing high-quality from problematic risks requires systematic evaluation of multiple factors that model outputs should clearly articulate.
For example: “Two small commercial properties have similar construction and location but differ in occupancy and loss history. Explain why risk differentiation between them affects pricing and coverage terms.”
2.Information request priority
Knowing what information gaps prevent sound decisions demonstrates underwriting discipline and reflects the practical iterative nature of risk assessment.
For example: “A new-business submission lacks details about building upgrades and maintenance history. Determine what specific information you need before deciding whether to quote or request inspection.”
3.Guidelines application consistency
Model responses must show that underwriting rules and thresholds drive decisions predictably while allowing judgment on borderline situations.
For example: “Your guidelines require inspection for certain loss-history profiles. Review an AI-generated quote where the applicant barely exceeds the inspection threshold and assess guideline application.”
4.Pricing and coverage fit
Sound underwriting recognizes how coverage terms and pricing must align with risk profile to achieve adequate protection and fair compensation.
For example: “An applicant with moderate hazards requests low deductibles and broad coverage. Evaluate whether this coverage structure appropriately reflects their risk profile and justify pricing.”
5.Declination rationale credibility
Communicating clear, well-supported reasons for declining business demonstrates both sound underwriting and professional client communication standards.
For example: “Draft a declination statement for a commercial property with unacceptable loss history and regulatory compliance concerns. Ensure it's factually justified and professionally written.”
A task you may get
Candidates receive underwriting submissions and grade AI-generated assessments, quotes, and declinations using a rubric covering technical accuracy, consistency, risk judgment, and guideline adherence.
How to prepare
- Review the complete underwriting lifecycle from submission through binding, renewal, and termination in your principal area of expertise
- Study your underwriting guidelines to understand thresholds, decision rules, and how they support portfolio risk management objectives
- Examine examples of sound versus problematic underwriting decisions to build intuition for what separates good judgment from marginal calls
- Research how classification systems, exposure bases, and rating factors work in your specialty line
The facts
- Pay
- $80/hr
- Hours
- Hourly, 20 hours a week
- Where
- Remote · Remote United States, Canada, or United Kingdom
- Open to
- USA, CAN, GBR
- Field
- Finance
- Posted
- 8/25/2026
- Places left
- 4
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