Senior Underwriter Assistant

Senior Underwriter Assistant

Requirements

• Must have 1+ years of experience with Property/Casualty Insurance
• Knowledge of commercial insurance policy forms and regulatory requirements; Bachelor’s degree preferred or equivalent work experience.
• Microsoft Office – proficiency in Excel, Word, and PowerPoint
• Problem Solving – identify problems and solutions matched to the appropriate solutions.
• Attention to Detail – demonstrate attention to detail to ensure accurate documentation is maintained.
• Leadership Skills – ability to mentor peers in the team.

Responsibilities

• Support regional UA Manager in overseeing all daily business activities and act as the first point of call for all UAs in the region
• Review new submissions against prescribed criteria to determine if risk qualifies for LOB risk appetite.
• Triages submission for missing information and follows up with the broker for outstanding items.
• Performs a comparison of renewal submission information against prior year information and documents differences for underwriting.
• Renewals – prior to policy expiration, reviews policies for manuscript endorsements and initiates the manuscript endorsement approval process on behalf of underwriting.
• Issues policies, endorsements, and cancellations; prepares policy writing instructions and premium billings, and processes individual policy filings.
• Completes loss rating and develops initial pricing, basic coverage structuring, quotation, and binder packages on behalf of the underwriter.
• Possess an in-depth understanding of coverages and program structures, as well as internal policy coding systems to ensure account completeness.
• Designated as the first point of contact for brokers.
• Assists the underwriter in the preparation of business, and metric reports; assists in the review of procedures to resolve issues.
• Trains and provides oversight of less experienced support staff.
• Participates in projects as required.
• Establish effective relationships with internal and external customers.
• Performs quality control of all work returned from Shared Services (i.e. – manual rating, policies, endorsements, etc.).
• Performs quality control of premium audit statements prior to underwriting review; documents discrepancies and work with the premium auditor for resolution.
• Performs quality control of adjustments prior to underwriting review; documents discrepancies and works with CS adjustment team for resolution.
• Attend broker or client meetings as requested by underwriting.

Preferred Qualifications

• Bachelor’s degree preferred or equivalent work experience.