Underwriting Assistant

Arch Capital GroupPhiladelphia, PA
8dHybrid

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℠. Position Summary The primary focus of the Underwriting Assistant will be on the support functions to a team of underwriters including the processing of endorsements, binders and billing transactions; the gathering and qualifying of underwriting data from our brokers. The Underwriting Assistant is responsible for contributing to the profitability and revenue goals of the department through individual account underwriting support. Duties include assisting the underwriter in the evaluation, pricing and underwriting of individual accounts and providing customer servicing of our accounts through processing transactions.

Requirements

  • Very strong organizational skill with the ability to effectively handle multiple assignments, prioritize work and meet deadlines in a dynamic and results oriented environment
  • Ability to work independently as a member of a team
  • Highly motivated proactive approach to job responsibilities
  • Knowledge and working understanding of business and financial concepts
  • Solid math and analytical skills
  • Ability to work in a detail oriented environment where accuracy is critically important
  • Excellent written and verbal communications skills
  • Strong customer service focus with the ability to effectively multi-task with limited direction
  • Highly proficient in Microsoft Excel, Work, Outlook, and PowerPoint
  • BA or equivalent preferred
  • 2 Years of experience in the Construction area preferred

Responsibilities

  • Review submissions, obtain pertinent underwriting information in order to enable the underwriter to accurately identify and assess risk hazards and exposures
  • Complete other underwriting account support tasks with minimal supervision as per company guidelines
  • Adhere to all service standards by completing transactional underwriting duties in a timely and accurate fashion including: preparation of proposals and binders; issuance of policies and endorsements; processing of reinsurance transactions; and completion of account transactions as required
  • Respond promptly to all internal and external customer requests with detailed file documentation for all discussions and decisions
  • Perform special projects as assigned under minimal supervision

Benefits

  • multiple medical plans plus dental, vision and prescription drug coverage
  • a competitive 401k with generous matching
  • PTO beginning at 20 days per year
  • up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
  • basic Life and AD&D Insurance as well as Short and Long-Term Disability
  • Paid Parental Leave of up to 10 weeks
  • Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care
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