Surety Underwriting Assistant (Ewing, NJ or Bala Cynwyd, PA))
About the role
Provides support and assistance to surety underwriting staff by handling administrative and routine underwriting tasks. A typical day will include gathering routine underwriting data, prescreening underwriting information, completing bond forms, maintaining account and bond files, inputting financial work in progress data, assisting with broker/agent licensing and contract administration, processing premium registration and invoicing, and managing accounts receivables.
Responsibilities
- Assists in gathering routine underwriting data and prescreens underwriting information as requested by underwriter.
- Ensures proper completion of bond forms and compliance with state requirements and maintains account and bond files as directed.
- Aids in inputting financial work in progress data received from contractors, utilizing computerized underwriting systems.
- Assists with the pursuit of information from broker/agents, and performs miscellaneous administrative duties.
- Processes bid and final bond requests within underwriting authority limits established for the account with underwriter supervision.
- Researches premium entry and premium collection problems, reviews them with the underwriter or operations manager for proper resolution.
- Manages Accounts Receivables activities, tracks outstanding items, and prepares weekly status reports for the AVP, Surety Operations.
Requirements
Successful candidates will have the following:
- Strong attention to detail.
- Ability to work in a fast-paced, service-driven environment.
- A high school diploma or equivalent.
- Surety or insurance experience is preferred but not required.
Qualifications
Qualifications include:
- High School Diploma or equivalency required.
- Experience in surety or insurance industry is desired but not required.
Skills
N/A
Benefits
We offer a comprehensive benefit package, including tuition reimbursement and a generous 401K match. For additional information on volunteer benefits, paid vacation, medical benefits, educational incentives, family-friendly benefits, and investment incentives, visit https://www.phly.com/Careers/default.aspx.
Pay
N/A
Schedule
N/A