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Associate Underwriter – Wind
Company | Howden |
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Location | Chicago, IL, USA |
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Salary | $70000 – $75000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Junior, Mid Level |
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Requirements
- Bachelor’s degree preferred.
- Minimum of 2 to 4 years insurance experience.
- Working knowledge of insurance terminology.
- Typing proficiency (35 wpm minimum).
- Proficiency in Microsoft Office Suite & proficiency in Agency Management System(s).
- Experience working in a “paperless” environment preferred.
- Ability to follow policies and procedures.
- Complete assigned tasks accurately, on time and able to learn quickly.
- Self-motivated and demonstrate an attention to detail.
- Be able to work independently for extended periods.
- Excellent written and verbal communication skills as well as a general understanding of business writing.
- Ability to work well in a small office environment and show a willingness to support the team, including general clerical and administrative tasks as needed.
Responsibilities
- Underwriting Authority:
- Policy Issuance review and correspondence.
- Conduct inspection review and analysis resulting in appropriate issue identification, and process post inspection changes, as necessary.
- Assist Underwriters as requested.
- Process submissions by providing account triage for Underwriters.
- Provide backup support for Underwriters when traveling in the market.
- Gather and compile information required to quote and/or bind an account.
- Generate, edit and send out a variety of correspondence on behalf of the Underwriters such as declination letters, quote follow ups and subjectivity reminders.
- Demonstrates basic understanding of technical underwriting principles and risk underwriting characteristics.
- Learn market dynamics, competitive landscape, and product differences.
- Provide customer service and underwriting support to help achieve new and renewal premium goals.
- Expected to develop business/personal relationships with producers.
- Travel with an underwriter.
- Other related clerical and administrative duties as assigned.
- Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable.
Preferred Qualifications
- Experience working in a “paperless” environment preferred.