Underwriting Associate - Specialty Property (Hybrid or Remote - West Coast)
About The Position
The Underwriting Associate provides advanced, complex technical services and support in partnership with assigned underwriter(s) and designated producers for moderately complex accounts. At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.
Requirements
- 3-5 years underwriting support or related insurance experience required.
Nice To Haves
- Associate or bachelor’s degree preferred.
Responsibilities
- Assists underwriter in developing and directly servicing a book of business and within defined authority level, evaluates risks and makes recommendations for acceptance, rejection, modification, or referral in accordance with established underwriting standards, policies and programs.
- For new business policies, completes 85-90% of the front-end information gathering and analytics required to enable assigned underwriter(s) to make a determination on the risk.
- Ensures underwriting file is documented and returns for final file review and further documentation by underwriter via automated desktop systems and tools.
- Develops superior working relationships with producers and acts as first point of contact. Researches and resolves complex errors and questions regarding processes and procedures. Occasionally travels to key producers/accounts with underwriter(s).
- Assists underwriters in managing their portfolios through risk evaluation including assessment of risk control reports, financials, audits, loss experience, competitive environment and by taking action when peculiarities or deficiencies are noted.
- Takes initiative for learning and understanding insurance coverages and acquires additional insurance knowledge by enrolling in industry related courses and programs.
- Assists in the development of new processes, procedures and/or systems. Participates on committees and projects as required.
- Trains and acts as a resource and mentor for other Underwriting Associates and Assistants.
Benefits
- Comprehensive medical, dental and vision insurance with no waiting period
- Competitive paid time off programs
- 401(k) savings and annual contributions of up to 12% of annual salary
- Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
