Jobs · Finance · New York

Underwriting Assistant, HPL

Tokio Marine HCC · Buffalo-Niagara Falls Area · 2 wk ago
Finance$40k–$89k/yrFull-time

About the role

Under supervision, performs various clerical tasks to assist in the processing and renewal of specialty insurance policies and contracts for the Underwriting department.

Key Responsibilities

  • Relying on limited experience and knowledge, this role is responsible for assisting Underwriters daily in quoting and servicing accounts in an accurate and timely manner, utilizing manuals, company policies, reference material, etc., as needed.
  • Provide additional data requested by Underwriting to facilitate pricing, along with premium and loss information for risk analysis and experience rating, where required from the appropriate sources (agent, production representative) as directed.
  • Issue various certificates, as required, in a timely manner.
  • Maintain diary and suspense file to ensure that all Underwriters' requests are answered within specified periods of time.
  • Liaise between Underwriters and Agents by email or phone to obtain or confirm information to ensure accurate quote.
  • Aid in evaluating renewals by collecting updated application information, updated loss and premium data checking exposures, values and rates, etc. as directed by Underwriting.
  • Prepare expirations and forwards to Underwriting accordingly.
  • Maintain declined and dead quote files, as directed.
  • Aid Underwriter in preparation of reports and logs, as required.
  • File and email quotes, agent correspondence, etc.
  • Liaise between Processing and Underwriter.

Position Knowledge, Skills, And Requirements

  • Education: Minimum - High School or GED, Preferred - 4 Year / Bachelor's Degree
  • Experience: 2 Years Relevant and Progressive Experience in Underwriting
  • Other: Ability to read and interpret documents, possess and have ability to apply basic knowledge of principles, practices, and procedures, good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy, good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously, intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

Working Conditions and Physical Demands

  • Additional Working Conditions: Overtime hours may be required to fulfill job responsibilities
  • Physical Demands: May be required to remain stationary for extended periods of time, may be required to move up to 10 pounds, must be able to operate a computer and other devices, close vision and ability to adjust focus, such as required to read a computer screen

Pay

The pay range for this position is $40,300 - $88,800, which includes geographic adjustments, where applicable. The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting. The hired applicant will be offered pay within the entire range based on the candidate’s geographic location, qualifications, work experience, education, and/or skill level.

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