SR Underwriting Assistant

SR Underwriting Assistant

Requirements

• 2+ years of related insurance experience and/or training; or equivalent, a relevant combination of education and experience.
• Microsoft Office – proficiency in Excel, Word and Power point
• Prioritizing – able to navigate and switch between multiple proprietary, vendor, web-based, and standard computer systems.
• Learning Agility – willingness to learn from experiences and new situations.
• Client Servicing – ability to anticipate client (internal and external) needs and act proactively.
• Problem Solving – identify problems and solutions matched to the appropriate solutions.
• Attention to Detail – demonstrate attention to detail to ensure accurate documentation is maintained.

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 (i.e. – large exposure change, new entities or sold entities, change in operations, significant change in loss history, etc.).
• 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

• Insurance experienced preferred but not required.