Assistant Underwriter
The Assistant Underwriter will be responsible for providing Underwriters with the information necessary to make prudent underwriting decision and to support the underwriting life cycle from pre-submission through policy issuance and renewal.
Key functions include but are not limited to :
- Clear new submissions and maintain clearance system
- Collect, organize and save new and renewal broker submission data
- Manage due dates for quotes, binders, file set-up and policy issuance and keep underwrite apprised
- Assist in setting up policies for issuance as directed by the underwriter
- Review policies to ensure they are issued based upon the terms and conditions outlined by the Underwriter
- Produce endorsements accurately as directed by underwriter
- Examine and evaluate policy documents including declarations, applications, signed forms for proper formatting, spelling and grammar and accuracy
- Interpret and analyze underwriting manuals / guidelines, rating manuals, forms, and workflows
- Assemble and maintain insurance policy files (paper copy and / or electronic) as directed
- Maintain knowledge of technical underwriting process and / or research information if needed; participate in ongoing training as necessary
- Handle various requests and / or inquiries from producers and / or Underwriters through phone, in person, and written correspondence
- Provide routine servicing of policies as needs arise including issuing of endorsements
- Order various underwriting reports to compile data for the Underwriters
- Inform Underwriters of any underwriting issues immediately
- Perform administrative duties for the department including writing reports and business correspondence
Qualifications :
Bachelors degree preferred1-3 years or related P&C experienceGeneral insurance courses preferredAdditional Company Details :
We do not accept any unsolicited resumes from external recruiting agencies or firms. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details :
Sponsorship not Offered for this Role