Underwriting Assistant

Crum & Forster Holdings Corp. • Southfield, MI

45d • $34,400 - $64,600 • Remote

About The Position

The S&S Operations Underwriting Assistant will support the business strategies and activities of the underwriting departments at the Manager's directive.

Requirements

• 1 to 3 years of insurance operations experience
• Strong expertise in surplus lines policy issuance and post-bind operations.
• Exceptional attention to detail, organizational skills and ability to take initiative.
• Solid computer skills including Word, Excel: E-mail & Internet Based Technology.
• Excellent math and data analysis skills; comfortable interpreting and manipulating report data.
• Ability to work in a fast-paced environment and move quickly from one project to another to meet SLAs.
• Ability to review and interpret complex data. Strong problem-solving skills to identify discrepancies and resolve issues.
• High level of accuracy in reviewing documents, entering data, and processing of transactions. Ensuring all information is complete, correct, and compliant with company standards.
• Excellent verbal and written communication skills. This includes asking clarifying questions, and providing updates.
• Collaborating with underwriters, other assistants, and cross-functional teams to achieve departmental goals. Willingness to share information, support teammates, and contribute to a positive and productive work environment.
• Provides quality and timely service to internal and external customers.

Nice To Haves

• College degree preferred.

Responsibilities

• Provide underwriting with pre-quote transaction support, including but not limited to: - Validate data entry into underwriting workbooks and systems, such as auto classification, GL classification, schedule of underlying, and losses.
• Assist in the verification of proper documentation regarding coverage and limits prior to completing transactions.
• Communicate, as needed, with producers to obtain information required to complete transactions.
• Assume responsibility for completion of the transaction after underwriting binds an account, including but not limited to: - Review and process bind orders, ensuring all required information is complete and accurate prior to policy issuance.
• Utilize various internal systems to complete policy drafting, verify data accuracy of drafted policy, approve policy drafts within authority, set-up within our internal electronic document management system, and follow-up for underwriter approval for accounts outside authority.
• Complete booking of premium within appropriate system, and confirm premium posted properly.
• Issue approved policies, perform review of underlying policies, report policy data to third party reporting agencies such as the Workers Compensation bureaus and the Department of Motor Vehicles, and resolve criticisms from those reporting agencies in a timely manner.
• Process post-bind transactions, including subjectivity and inspection follow-up, endorsements, cancellations, and reinstatements.
• Contribute to the Crum & Forster team environment and continuous improvement philosophy: - Communicate and collaborate with other departments within the corporation to answer policy questions, resolve issues, and identify ways to streamline processes.
• Assist with special projects, upon request.
• Performs all other duties and special projects as assigned.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees