Underwriting Assistant - Remote
About The Position
Business Services Group is looking for a professional self-starter and resourceful team player, who truly adds value to the underwriter desks they support, through proactive communication, strong organization skills and a collaborative underwriting mindset. With deep knowledge of company tools, rating methods and business unit goals, this individual serves as the backbone of the underwriting team facilitating efficient workflow to ensure internal and external deadlines are duly met. Knowledge of state rules a plus. With a strong ability to market face externally and manage agency communication effectively, this individual truly helps creates capacity on the underwriter’s desk by taking on various tasks, both process and underwriting related. Competent in all phases of the following areas: Business Unit specific product lines and coverage, knowledge of underwriting support processes/procedures/workflow, and awareness of local Business Unit Strategy. In addition: manages relationships with agents & wholesalers, as well as peers and business partners. This position may need to be available for agency visits. Responsible for managing assigned work, and resolving potentially conflicting priorities in collaboration with their leader.
Requirements
- Three or more year’s insurance experience related to rate, quote, and issuance of P&C Insurance is preferred.
- Proficient in Microsoft Office applications, Word, Excel, and Outlook
- Independently able to assign class codes, handle bureau criticisms
- Continuous improvement mindset
- Demonstrates ability to access a situation promptly and take appropriate action
- Able to meet standards set by manager and able to set high standards for self
- Capable to work across complex organizations
- Effective communication skills, in person and virtual
- Comfortable with change
- Demonstrates ability to perform in a business professional manner with a positive attitude
- Demonstrates the ability and drive to seek development opportunities
- Ability to follow guidelines and best practices, and innovate, with an emphasis on quality and customer service
Nice To Haves
- Bachelor’s degree preferred but not required
- Strong property knowledge a plus
Responsibilities
- Partners with Underwriters to establish support needs for renewals and/or new business policies (i.e., identify/gather relevant account information to quote and/or bind the policy; create exhibits, etc.).
- Prepares documents and participate in pre-renewal meetings.
- Prepares underwriting/pricing exhibits (i.e., exposures, experience rating, profit and loss analysis, expense models, updated account information, etc.).
- Manages account documentation (i.e., proposals, agreement letters, reinsurance contracts, collateral agreements, policy change, endorsements, cancellations, etc.).
- Ensures accurate and timely servicing and billing of accounts.
- Communicates with brokers/agencies, wholesalers, and internal departments. (i.e., researches and resolves issues, responds to inquiries and questions).
- Coordinate with Operations Specialist to update internal systems and complete rating.
- Prepare quotes for UW by reviewing exposures and experience rating, updating account information, rates and adjusts the price, as requested.
- May complete renewals based on formal guidelines, commonly referred to as "Letter of Authority."
- Provides information for regulatory compliance (i.e., statutory filings, proof of insurance, certificates).
- Participates in projects/assignments as 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
- A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
- A dynamic, ambitious, fun and exciting work environment
- We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
- At C&F you will BELONG
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
