Underwriting Assistant

Lockton • Overland Park, KS

5d

About The Position

This role involves supporting underwriting activities by following established procedures for reviewing new and renewal applications, assessing risk eligibility, and providing pricing guidance. The Underwriting Assistant will communicate with internal and external customers to gather and analyze insurance information, assist with quoting, binding, issuing, and endorsing policies, and ensure compliance with referral criteria. They will also prepare files for underwriter approval by performing preliminary reviews and evaluations, rate and prepare new quotes, and document policy approvals or rejections. The position also includes processing transactional items for individual risks and performing other assigned duties.

Requirements

• 2-5 years of experience in commercial Property and Casualty insurance, with a solid understanding of relevant concepts, practices, and procedures.
• Rating and underwriting experience.
• Ability to work independently and exercise good judgement in accordance with regulatory and carrier requirements for moderately complex items.
• Proficiency in Microsoft Office products.
• Strong mathematical skills.
• Excellent verbal and written communication skills.
• Strong organizational and time management skills to meet deadlines.

Nice To Haves

• Bachelor’s degree or other relevant study preferred.

Responsibilities

• Follow established procedures for reviewing new and renewal applications, assessing risk eligibility, and providing competitive pricing guidance.
• Communicate with internal and external customers to gather and analyze insurance information, supporting underwriting activities such as quoting, binding, issuing, and endorsing policies.
• Ensure compliance with referral criteria outside of underwriting authority.
• Prepare files for underwriter approval outside of authority by performing preliminary review and evaluation of the risk.
• Rating and preparation of new quotes as directed by Underwriter.
• Document and communicate policy approvals or rejections to the underwriting team and customers in a timely manner.
• Review and process transactional items for individual risks.
• Perform other work-related duties and projects assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level