Underwriting Assistant - Remote

Crum & Forster • Morristown, NJ

6h • Remote

About The Position

The Business Services Group is seeking a professional, self-starter, and resourceful team player to support underwriter desks. This individual will add value through proactive communication, strong organizational skills, and a collaborative underwriting mindset. With deep knowledge of company tools, rating methods, and business unit goals, this role serves as the backbone of the underwriting team, facilitating efficient workflow to ensure internal and external deadlines are met. The position requires a strong ability to market externally and manage agency communication effectively, helping to create capacity on the underwriter’s desk by taking on various process and underwriting-related tasks. The successful candidate will be competent in all phases of Business Unit specific product lines and coverage, underwriting support processes/procedures/workflow, and local Business Unit Strategy. Additionally, this role manages relationships with agents, wholesalers, peers, and business partners, and may require availability for agency visits. Responsibilities include managing assigned work and resolving potentially conflicting priorities in collaboration with their leader.

Requirements

• High School Diploma required
• 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

• Knowledge of state rules
• Three or more year’s insurance experience related to rate, quote, and issuance of P&C Insurance is preferred
• Bachelor’s degree preferred but not required
• Experience with Professional Liability(E&O)

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).
• 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 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
• Matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees