Underwriting Assistant

CRC Group • Metairie, LA

1d

About The Position

The Underwriting Assistant 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 underwriter supervision, accurately explaining liability and other program coverages to clients, and providing instructions to Underwriting Clerks and Policy Typists. The assistant will also evaluate and make necessary changes to policies, endorsements, audits, and cancellations, conduct ratings for new and renewal business, and manage all account documentation. Further duties include processing policy servicing requests, invoicing new business and renewal binders, establishing new submissions in the clearance system, producing cancellation and non-renewal notices, and maintaining underwriting files and pending/suspense systems.

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.

Benefits

• access to medical, dental, vision, life, disability, and AD&D insurance
• tax-advantaged savings accounts
• a 401(k) plan with company match
• generous paid time off programs, including company holidays, vacation and sick days, new parent leave
• restricted stock units (for eligible positions)
• a deferred compensation plan (for eligible positions)
• competitive compensation
• health benefits
• retirement plans
• learning and leadership development programs

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level