Underwriting Assistant

Arch Insurance Group Inc.•Cortland, NY

3d•$45,000 - $50,000•Onsite

About The Position

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Job Summary Entry of all rating information for applications, quotes, change requests and renewals after underwriter has approved. All work processed according to Underwriting Assistant Associate authority level. The primary goal is to produce quality, technical assistance to our insureds, agents, co-workers and to meet service standards.

Requirements

High School diploma required.
Three years commercial lines insurance experience preferred.
Strong analytical & interpersonal skills with attention to detail.
Ability to work independently and carry out assignments to completion.
Manage competing priorities and maintain required production levels.
Organization and decision making skills needed.
Comply with accepted underwriting practices and underwriting.
Meet expectations for attendance and punctuality.
Excellent oral and written communication skills.
Computer experience in a windows-based environment required.

Nice To Haves

College Education & or General Insurance Classes preferred.

Responsibilities

Maintain familiarity with state insurance regulations, critical thinking as it pertains to perils and exposures of a risk, program underwriting guidelines and filings, and ISO rules for all states within the underwriting territory.
Entry of rating while targeting premiums required for all lines of business.
Rate renewal business 90-120 days prior to expiration date based on program guidelines.
Prepare and rate new business submissions as directed by Underwriter.
Prepare reports for underwriting including, but not limited to, coversheets, building valuations, flood zone determinations, specific rating and specific peril reports by location.
Set up policies for issuance 30 days prior to effective date – including, but not limited to filing paperwork, selecting proper forms and making pre-bind changes if necessary.
Provide support for other Underwriting Assistants including, but not limited to making sound rating decisions and being a back up to a fellow associates when they are out of the office.
Complete additional consumer requests such as binders, premium breakdowns, and filing documents.
Assist the Underwriter in building relationships and keeping open communications within the Underwriting Department, other departments within McNeil and Company, and occasionally any external customers.
Assist the Underwriter in mentoring the Commercial Lines Policy Analyst.
Other duties as assigned.