Underwriting Assistant, Custom Property - Hybrid
About The Position
Seneca Custom Property is looking for a dedicated Underwriting Assistant, responsible for using and booking of policies and endorsements within all department standards, performing all pre-quote work required by underwriting as well as various other tasks. The Underwriting Assistant supports various underwriting processes, including communication with our agents along with internal departments, to address the needs of current and prospective clients. Be able to work side by side with the Underwriters to maintain a common goal of growth and profitability while maintaining relationships with the brokers and their service needs.
Requirements
- High school diploma/GED required, Bachelor's degree preferred.
- 1-2 Years of Insurance Company Operations.
- Strong Communications and Organizational skills, being able to multi-task.
- Proficient in various Microsoft software applications, such as Excel and Word.
- Will be able to abide by departmental policies and procedures including guidelines placed by the Property Management Team.
Nice To Haves
- Experience with Outlook, Excel, Word, Image Right, Duck Creek and WINS is a plus.
Responsibilities
- Issue & Book policies in WINS/Duck Creek within department standards.
- Issue & Book various endorsements in WINS/Duck Creek.
- Complete Fac Cession Slips (Reinsurance).
- Calculate RP/AP transactions based on account rate/underwriting instructions.
- Determine pro-rate/short rate factors (method of calculating premiums on a short term basis rather than Annual).
- Perform all pre-quote work requested by the UW i.e. Risk Meter, ISO, Property Shark, Experian, Web Research, Mapping, etc.
- Run Risk Browser Modeling – helps determine pricing and exposure when there is a catastrophe insurance involved – Hurricane, Flood, Earthquake.
- Order Inspections.
- Managing Tasks that are assigned in a date/time order.
- Issue notices (Non-Renewal, Cancellations and Reinstatements in accordance with underwriting and statutory laws).
- Order Loss Runs when requested.
Benefits
- Competitive compensation package
- Generous 401K employer match
- Employee Stock Purchase plan with employer matching
- Generous Paid Time Off
- Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
- Tuition reimbursement
- Industry-related certifications
- Professional training
- Matching donation program
- Volunteer opportunities
- Employee-driven corporate giving program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
