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Reducing risks to protect what matters most - cherished moments, family memories, and priceless legacies.
Underwriting Assistant
Location
Arizona + 9 moreAll locations: Arizona | California | Colorado | Idaho | Montana | Nevada | New Mexico | Oregon | Utah | Wyoming
Posted
70 days ago
Salary
$72K - $85K / year
Seniority
Senior
Job Description
Underwriting Assistant
Vault Insurance
• Performs general underwriting functions including submission reviews, pricing analysis, and setting policy terms and conditions. • Analyze inspection reports, communicate inspection requirements, and determine if underwriting action is required. • Monitor various reports for consistency and determining appropriate action or changes. • Make and follow through with request for missing information from outside sources. • Establish and maintain relationships with our agents; cross sell to round out existing accounts. • Act as a liaison with our claims team on any claim’s activity and determine if underwriting action is required. • Partner with Concierge and Underwriting teams in building and maintaining business relationships. • Demonstrate solid service standards while developing strong sales skills and underwriting best practices. • Develop relationship with assigned brokers. Able to build trust and reputation in the market. • Develop basic knowledge of underwriting guidelines and principles. • Develop working understanding of applicable file documentation. • Manage new business submission and issuance process within authority level with agents and Concierge partners. • Manage Risk Services, Endorsement and Renewal support processes within authority level with Concierge and Underwriting teams. • Identify and prioritizes tasks to assist the underwriters in winning the best business. • Establish basic underwriting of internal reports. • Establish ability to identify basic profile and loss indicators with book of business. • Provide timely and clear account proposals to agent partners with underwriting supervision. • Participate in agency web trainings. Navigation of presentation software applications. Successful identification of key players at brokers. • Develop foundational understanding of industry with exposure to compliance, insurance laws, and insurance financials.
Job Requirements
- Bachelor’s degree or relevant experience in property & casual insurance industry.
- Proactive in building industry knowledge and continued education.
- Analytical with good decision-making skills. Intuitively able to support UW's workload, binds, and needs.
- Basic knowledge of all products, able to point out Vault's coverage advantages. Working knowledge of Vault's internal UW guidelines / philosophies.
- Clear, concise oral and written communication skills.
- Team oriented, adaptable, and highly organized with time management.
- Responsive, accessible, friendly, and positive. Delivers on promises and builds trust and confidence. Completes assigned work with a sense of urgency.
- Execution of patience and white glove service when engaging with agents/agencies relationships.
- Open to development and feedback.
- Maintains excellent attendance and timeliness.
- Flexible with work hours and assignments.
Benefits
- Flexible Spending Accounts & Health Savings Accounts, with company contributions
- Company paid comprehensive life & disability insurance plans.
- 24/7 Telehealth Doctor Access, Virtual wellness screenings, Employee Assistance Programs
- Company 401k retirement plan with Day 1 eligibility (6% company match, 100% immediate vesting)
- 23 PTO days/yr + 11 paid holidays... and so much more!
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