Assistant Underwriter

CRC Group•Houston, TX

About The Position

The Assistant Underwriter position involves invoicing policies and coordinating the servicing of new and renewal accounts from the time of binding, adhering to Company guidelines, and proactively addressing potential issues. The role requires providing high-quality professional service to Agents and Companies. Key responsibilities include underwriting renewal business with minimal supervision, explaining liability and program coverages, instructing Underwriting Clerks and Policy Typists, evaluating and adjusting policies, conducting ratings, managing account documentation, processing various policy servicing requests, and handling new business and renewal binders. The Assistant Underwriter is also responsible for establishing new submissions, producing cancellation and non-renewal notices, managing underwriting files for unissued policies, and maintaining pending/suspense and account files according to company policy.

Requirements

College degree with a concentration in business or equivalent work experience
One year of wholesale insurance experience
State specific Insurance License required
Underwriting Clerk experience or three years of general insurance experience
Must be able to understand and analyze necessary components of insurance policies
Must have knowledge of commercial multi-line underwriting and rating
Must have ability to use company automation to include Windows, Delphi, Word, DocuCorp, and Rackley ISO Rating Software
Ability to develop, foster, and maintain an excellent working relationship with clients
Ability to work in a team environment essential
Maintain current knowledge of the insurance industry
Good written and verbal skills
Ability to work extended hours when necessary

Responsibilities

Underwrite renewal business with minimal supervision of an underwriter.
Accurately explain liability and other program coverages to clients and prospective clients.
Provide necessary instruction to Underwriting Clerks and Policy Typists.
Evaluate policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes as needed.
Conduct Ratings for new and renewal business.
Manage all account documentation.
Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).
Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and Company guidelines.
Establish New Submissions in the clearance system and handle according to established procedures.
Produce cancellation and non-renewal notices according to statutory and contractual requirements.
Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.
Maintain pending/suspense system per established procedures.
Maintain account files in accordance with company policy.
Perform other duties as assigned.