Underwriting Assistant

W.R. Berkley Corporation•Boston, MA

33d

About The Position

The Assistant Underwriter will be responsible for providing Underwriters with the information necessary to make prudent underwriting decision and to support the underwriting life cycle from pre-submission through policy issuance and renewal.

Requirements

Bachelors degree preferred
1-3 years or related P&C experience
General insurance courses preferred

Responsibilities

Clear new submissions and maintain clearance system
Collect, organize and save new and renewal broker submission data
Manage due dates for quotes, binders, file set-up and policy issuance and keep underwrite apprised
Assist in setting up policies for issuance as directed by the underwriter
Review policies to ensure they are issued based upon the terms and conditions outlined by the Underwriter
Produce endorsements accurately as directed by underwriter
Examine and evaluate policy documents including declarations, applications, signed forms for proper formatting, spelling and grammar and accuracy
Interpret and analyze underwriting manuals/guidelines, rating manuals, forms, and workflows
Assemble and maintain insurance policy files (paper copy and/or electronic) as directed
Maintain knowledge of technical underwriting process and/or research information if needed; participate in ongoing training as necessary
Handle various requests and/or inquiries from producers and/or Underwriters through phone, in person, and written correspondence
Provide routine servicing of policies as needs arise including issuing of endorsements
Order various underwriting reports to compile data for the Underwriters
Inform Underwriters of any underwriting issues immediately
Perform administrative duties for the department including writing reports and business correspondence