Underwriting Assistant - FEDS Protection

CRC GroupBethesda, MD
$60,000 - $70,000Onsite

About The Position

The Underwriting Assistant position at FEDS Protection, a CRC Insurance Services Program, is responsible for invoicing policies and coordinating the servicing of new and renewal accounts from the time of binding according to Company guidelines. This role provides high-quality professional service to Agents and Companies. FEDS Protection offers insurance solutions to federal employees and federal contractors, operating in a challenging, fast-paced, and constantly evolving environment. This role will blend marketing, analytics, and product thinking to support the growing FEDS Protection federal employee professional liability insurance program. CRC Group is a leading wholesale specialty insurance distributor in North America with a significant presence and a long history of delivering insurance solutions.

Requirements

  • English fluency (Required)
  • Ability to coordinate the servicing of new and renewal accounts from the time of binding according to Company guidelines.
  • Ability to anticipate and prevent issues and problems as necessary.
  • Ability to provide high quality professional service to Agents and Companies.
  • Ability to blend marketing, analytics, and product thinking.
  • Ability to manage all account documentation.
  • Ability to establish New Submissions in the clearance system and handle according to established procedures.
  • Ability to manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.
  • Ability to maintain pending/suspense system per established procedures.
  • Ability to maintain account files in accordance with company policy.

Nice To Haves

  • Experience in the insurance industry, specifically with federal employee professional liability insurance.

Responsibilities

  • Underwrite renewal business with minimal supervision of an underwriter.
  • Accurately explain liability and other program coverages to clients and prospective clients.
  • Provide necessary instruction to Underwriting Clerks and Policy Typists.
  • Evaluate policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes as needed.
  • Conduct Ratings for new and renewal business.
  • Manage all account documentation.
  • Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).
  • Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and Company guidelines.
  • Establish New Submissions in the clearance system and handle according to established procedures.
  • Produce cancellation and non-renewal notices according to statutory and contractual requirements.
  • Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.
  • Maintain pending/suspense system per established procedures.
  • Maintain account files in accordance with company policy.
  • Perform other duties as assigned.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • AD&D insurance
  • Tax-advantaged savings accounts
  • 401(k) plan with company match
  • Generous paid time off programs, including company holidays, vacation and sick days
  • New parent leave
  • Restricted stock units (for eligible positions)
  • Deferred compensation plan (for eligible positions)
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