Connector Underwriting Associate
About The Position
RT Connector allows retail insurance agents to efficiently access multiple lines of coverage from multiple carriers for their E&S small commercial business. Through one single, streamlined application, RT Connector offers bindable quotes from multiple carriers and will issue policies with the click of a button. The Connector Underwriting Associate is a pivotal role within the RT Connector support team environment, focusing on the efficient and quality-driven management of binding operations. This individual is responsible for overseeing the binding process, ensuring that all printed materials are finished to the highest standards and meet customer specifications.
Requirements
- Minimum of 5-7 years of work experience in Insurance Industry or Binding Underwriting.
- Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
Nice To Haves
- Preferred experience in Excess & Surplus Lines
- Preferred experience as an Underwriter Associate
- Preferred experience in ConceptOne
- Preferred: Active designation from Risk & Insurance Education Alliance or The Institutes
Responsibilities
- Assists the process of binding insurance policies, ensuring accuracy and compliance with binding underwriting guidelines and regulatory requirements.
- Employ expertise to execute complex tasks ensuring maximum efficiency and effectiveness.
- Act as a training resource, mentoring and guiding team members to foster skill development and optimize performance.
- Evaluates renewals, new business and endorsements according to guidelines outlined in the business requirements documents and within their authority level.
- Manages underwriting applications with the information necessary to rate, document and issue accurate and compliant policies.
- Reviews and processes policy endorsements, including changes to coverage, limits, or policy terms, ensuring accuracy and timely implementation and tracks cancellation notifications, non- renewal, and renewal solicitation notifications.
- Review inspection reports to assess risk quality and to confirm exposure base accuracy.
- Maintains comprehensive and organized records of all binding transactions and related documentation, including policy details, endorsements, and client information.
- Communicates with clients to collect required information, explains policy terms and conditions, and addresses any questions or concerns related to the binding process.
- Executes the work assigned by the Connector activity workgroup in the standard service timeline.
- Collaborate with other underwriting team members, Support, and Product Managers to gain a comprehensive understanding of the Connector processes and workflows.
- Provides feedback to internal team members regarding trends and efficiency opportunities.
- Assists the Connector team with any ad hoc tasks and special requests as needed.
Benefits
- paid time off for company holidays, vacation, sick and personal days
- paid parental leave
- mental health services
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
