Underwriting Technician, Excess Casualty
About The Position
Sompo has a unique opportunity for an Underwriting Technician on our Excess Casualty team. Our Excess Casualty team brings extensive expertise and maintains strong, long-standing relationships with a select group of appointed retail brokers. We provide a consistent underwriting approach and efficient turnaround times and are supported by an experienced claims team. We operate through a network of retail brokers who value long-term partnerships supported by a strong and reliable service commitment. This position will be based out of our New York, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.
Requirements
- 3 years of Insurance Industry experience as a technical/underwriting assistant with similar duties
- Ability and willingness to learn and understand terminology, coverages and appetite for specific industry groups and customers.
- Knowledge of and willingness to work as a team, supporting internal and external customers.
- Comfortable challenging norms while collaborating with colleagues at all levels of the organization.
- Strong problem solving and decision-making abilities.
- Exceptional oral and written communication skills.
- Ability to multi-task while demonstrating attention to detail.
- Advanced proficiency with the Microsoft suite of products, Nitro Pro, Image Right and Adobe Acrobat.
Nice To Haves
- Bachelor's degree is preferred.
Responsibilities
- Assist underwriters with reviewing submissions, prepare Workbooks, drafting quotes, binders, policies, endorsements, and workflows.
- Prepare, review, and process binders, policies, and endorsements in accordance with final binders and established processing standards.
- Contact external distribution partners to obtain any required or outstanding underwriting information—both pre- and post-binding—to ensure complete and accurate file documentation, while implementing and maintaining a field service reputation recognized as superior in the industry.
- Ensure all underwriting activities comply with company policies, industry standards, and regulatory requirements while monitoring in-office workflow to meet management-defined service level agreements.
- Review and analyze facultative reinsurance certificates as directed by management, while identifying and resolving premium discrepancies by partnering with accounting to address and settle overdue balances.
- Maintain file integrity by ensuring all necessary documents are properly filed in ImageRight, while supporting file audits through ongoing file reviews and QA/QC processes.
Benefits
- Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.
- Pharmacy benefits with mail order options
- Dental benefits including orthodontia benefits for adults and children.
- Vision benefits
- Health Care & Dependent Care Flexible Spending Accounts
- Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
- Company-paid Disability benefits with very competitive salary continuation payments
- 401(k) Retirement Savings Plan with competitive employer contributions
- Competitive paid-time-off programs, including company-paid holidays.
- Competitive Parental Leave Benefits & Adoption Assistance program
- Employee Assistance Program
- Tax-Free Commuter Benefit
- Tuition Reimbursement & Professional Qualification benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
