Jobs · Virginia

Underwriting Assistant

Verus Specialty Insurance (a Berkley Company) · Glen Allen, VA · 5 days ago
Hybrid$55k–$62k/yrFull-time

The Underwriting Assistant supports our Excess & Surplus lines book of general/excess liability, garage and professional liability business. The role involves providing Underwriters with technical and clerical support to make prudent underwriting decisions on new business, renewals, and endorsements.

Responsibilities

  • Supports the underwriting life cycle from pre-submission through policy issuance and renewal.
  • Identifies key issues in the decision-making process with the guidance from the underwriter.
  • Identifies and uses appropriate resources that assist in the analytical process; makes formal recommendations to underwriters on account management needs.
  • Performs analysis utilizing appropriate information to consider endorsement/account acceptability.
  • Issues premium and non-premium bearing endorsements.
  • Demonstrates adherence to guidelines which include, Underwriting Guidelines and Service Level Agreements.
  • Follows up with underwriters and brokers on outstanding information.
  • Supports day-to-day transactions that support multiple underwriting team members and customers/agency partners.
  • Develops, maintains, and nurtures positive working relationships with underwriters, customers, and other business partners to provide an enhanced customer experience.
  • Displays a strong sense of urgency, recognizing customer needs.
  • Applies judgement and presents negotiation on more complex accounts and processes.
  • Quotes accounts within authority limits by reviewing exposures and experience rating, updating account information, rates, and adjusts the price.
  • Examines inspection reports, prior audits, and endorsements, and refers any issues to underwriters.
  • Manages and balances multiple demands.

Qualifications

  • A high school diploma or equivalent; college course work or degree preferred.
  • Experience with Professional Liability or Commercial Casualty coverages is a plus.
  • Strong oral/written communication skills, displaying a positive attitude.
  • Ability to provide written referrals where thought process is well documented and easily interpreted by others.
  • Detail-oriented with initiative and ability to work in fast-paced team environment.
  • A strong focus and passion for delivering exceptional customer service.
  • Excellent communication and interpersonal skills.
  • Ability to work independently as well as part of a team.
  • A high sense of urgency and ability to function well in a high-volume and time-sensitive environment.
  • Computer literate including use of Word, Excel, and various project management tools.
  • Flexible and open to change and enhancements to help evolving in a competitive market.
  • Adaptive to adjusting priorities and/or work on multiple tasks.
  • A strong sense of ownership and accountability as a result of being highly motivated.
  • Some market experience preferred, but not required.

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