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Underwriting Assistant

Underwriting Assistant

W.R. BerkleyMarlborough, MA, US
16 days ago
Job type
  • Full-time
Job description

Senior Underwriting Assistant

Provide technical assistance to underwriters with analysis and evaluation of underwriting information, and assist the department in maintaining workflow standards.

  • Adhere to written authority level when executing new and renewal business and refer items that exceed authority.
  • Provide assistance to each underwriter in the team by analyzing and prequalifying submissions for new and renewal business; completing loss analysis and workers compensation analysis; verifying D&B rating; scheduling quotes; experience rating auto and GL; requesting surveys and reports from various agencies. Determine appropriate classification codes for property and GL and update systems.
  • Classify vehicles as appropriate, verify cost new, evaluate MVRs and review driver profiles.
  • Review all file information and determine renewal pricing - refer account to director if outside of authority level. Perform pricing analysis including risk price testing on large accounts.
  • Process endorsement requests, audits, statements of value, workers compensation and experience modification worksheets.
  • Create and update the appropriate underwriting documents and worksheets.
  • Prepare policies and endorsements for processing and issuance.
  • Research and review data such as insurance-to-value information, audits, tax information, etc.
  • Prepare new and renewal business for rating and issuance.
  • Complete dividend retention calculations.
  • Communicate with agents to follow up on needed information.
  • Provide high level of customer service and maintain workflow within Acadia

In addition to the above, Senior Underwriting Assistants should have three or more years of experience and will have the following additional responsibilities :

  • Manage the most complex accounts with increased production goals and highest authority level.
  • Act as a resource for others in the department and provide direction to underwriters and support staff as needed.
  • Train or assist in training others as necessary. Help co-workers improve their skills by sharing knowledge.
  • Education : Associate's degree from two-year college or technical school and six months to one year related experience; or equivalent combination of education and experience.

  • Experience with Commercial Property & Casualty coverage 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.
  • 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.
  • Strong sense of ownership and accountability as a result of being highly motivated.
  • Some market experience preferred, but not required.
  • Ability to travel, when needed.
  • The Company is an equal employment opportunity employer.

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    Underwriting Assistant • Marlborough, MA, US

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