Underwriting Assistant

Key Accountabilities/Deliverables

• Process incoming submissions, including clearance, review of information received and data entry into the system to prepare account for rating and quoting.
• Absorb Underwriter's confirmation of new/renewal business conditions and subjectivities, including review of applications, supplements, loss runs, and other requested underwriting information, and advise the Underwriter of any discrepancies.
• Process Requests to Bind, including electronic delivery of Binder Confirmations and invoices to agents; perform follow-up and resolve information discrepancies between agent requests and Underwriter before updating the account status.
• Prepare policy output that complies with company standards/guidelines; process non-critical service requests such as cancellation notices, name changes, and address changes.
• Maintain Underwriter workflow when they are traveling or out of the office.
• Perform underwriting/policy audit reviews; summarize audit results and recommend corrective action as needed.
• Participate in departmental projects as required.

Technical Knowledge and Understanding

• Understanding of insurance terminology is required.
• Knowledgeable with the requirements to prepare new/renewal policy output that complies with state requirements and accurately reflects the risk details the company has agreed to insure.
• Proficient in Microsoft Office, including Word, Excel, Outlook, and Access.

Experience

• 1+ years’ experience in professional liability insurance area.
• Bachelor’s degree required with a focus in Risk Management/Insurance preferred.
• Strong written and verbal communication skills are essential.
• Proven analytical, decision-making, and problem-solving skills.
• Functional in a highly collaborative environment.
• Ability to work both independently and in a team environment.

Pay

Competitive salary offered.

Schedule

Full-time position.

Benefits

• Medical, dental, vision, and life insurances.
• Short and long-term disability coverage.
• A Company-match of 100% of a 6% contribution to a 401(k) plan.
• An Employee Assistance Plan.
• Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program.