Assistant Underwriter

Alliant•Yardley, PA

37d

About The Position

Responsible for assisting Underwriters in reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Brokers and Account Managers as needed. Works with Underwriters and markets to obtain quotes, negotiate pricing, define coverages, and determine taxes, fees & commissions. Performs all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates.

Requirements

Bachelor's Degree or equivalent combination of education and experience
Three (3) or more years related work experience
Valid driver's license
Excellent verbal and written communication skills
Good customer service skills, including telephone and listening skills
Ability to perform complex mathematical functions
Good problem solving and time management skills
Ability to work within a team and to foster teamwork
Good planning, organizational and prioritization skills
Proficient in Microsoft Office products

Responsibilities

Reviews policies, contracts and/or programs to identify errors and omissions and discrepancies to insure agreement with application, quote, proposal, and/or binder
Assists in Underwriting risks, suggesting rates and premiums based on coverage and performs demographic analysis for new and/or renewal business
Coordinates the preparation of policy delivery with all related documents
Assists in Underwriting a book of new and renewal business
Communicates with markets to ascertain all necessary documentation for new and renewal business
Participates in Meetings with brokers, underwriters, account executives and carrier representatives
Assists in preparing Renewal Specifications as required by Management
Services Account Manager calls, researches & collaborates with underwriters to answer questions; regarding client coverage, limits and deductibles
Maintains files for submissions, and written/lost business
Maintains client suspense; conducts follow-ups as appropriate
Assists Account Managers to resolve complex issues
Computes rates and premiums for policies, compiles appropriate declarations, coverage forms, national/local forms, and optional endorsements to complete a policy in accordance with underwriting guidelines
Assists in the issuance of appropriate documents and assembling of policies
Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information)
Other duties as assigned