Surety Underwriting Assistant (Sioux Falls, SD)

Philadelphia Insurance Companies • Sioux Falls, SD

9d

About The Position

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best. We are looking for a Surety Underwriting Assistant to join our team in Sioux Falls, SD! Summary: Provide support and assistance to surety underwriting staff by handling administrative and routine underwriting tasks. A typical day will include the following: Assists in gathering routine underwriting data and prescreens underwriting information as requested by underwriter. Ensures proper completion of bond forms and compliance with state requirements and maintains account and bond files as directed. Assists with inputting financial work in progress data received from contractors, utilizing computerized underwriting systems. Assists with the pursuit of information from broker/agents, and miscellaneous administrative duties. This will include but is not limited to processing of broker/agent licensing, and contract and power of attorney administration. Responsible for accurate premium registration and invoicing, coding, pricing and commission calculations. Responsible for performing technical support functions and coordinating resolutions of technical support problems in the office. Processes bid and final bond requests within underwriting authority limits established for the account with underwriter supervision. Research premium entry and premium collection problems. Reviews with underwriter or operations manager for proper resolution.

Requirements

• Strong attention to detail
• Ability to work in fast paced, service driven environment
• High School Diploma or equivalency required

Nice To Haves

• Insurance experience desired but not required

Responsibilities

• Assists in gathering routine underwriting data and prescreens underwriting information as requested by underwriter.
• Ensures proper completion of bond forms and compliance with state requirements and maintains account and bond files as directed.
• Assists with inputting financial work in progress data received from contractors, utilizing computerized underwriting systems.
• Assists with the pursuit of information from broker/agents, and miscellaneous administrative duties. This will include but is not limited to processing of broker/agent licensing, and contract and power of attorney administration.
• Responsible for accurate premium registration and invoicing, coding, pricing and commission calculations.
• Responsible for performing technical support functions and coordinating resolutions of technical support problems in the office.
• Processes bid and final bond requests within underwriting authority limits established for the account with underwriter supervision.
• Research premium entry and premium collection problems.
• Reviews with underwriter or operations manager for proper resolution.

Benefits

• We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match.
• Volunteer Benefits
• Paid Vacation
• Medical Benefits
• Educational Incentives
• Family Friendly Benefits
• Investment Incentives

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees