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Underwriting Assistant

UnderwriterUnderwriterOtherRemoteTeam 501-1,000

Location

United States

Posted

111 days ago

Salary

0

No structured requirement data.

Job Description

Underwriting Assistant

INSURICA, Inc

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description The Underwriting Assistant will be responsible for assisting the Underwriting team with the following tasks: - Clearing and logging in of new business submissions - File construction of new business submissions, and file retrieval and construction of renewal submissions - Processing and invoicing bound new and renewal business per binder - Policy construction and issuance - Processing Policy Change Request or Endorsements per the instructions of the Underwriter - Processing of all administrative work related to submissions and in-force policies Job Functions: - Review policies for correctness before issuing - Liaison with agency and broker representatives, handling questions or directing to the appropriate person, and handling requests for information (i.e., loss run requests) - Process suspense items as requested - Clear and log in new business submissions - For renewals, retrieve the expiring policy file and prepare the renewal submission file for the underwriter - Process binder and produce policy for issuance - Follow up on all outstanding information listed in quote letters that has not yet been received - Send out initial renewal notices 120 days prior to the renewal date, and suspend follow-up; refer to the underwriter 45 days before renewal - Obtain all necessary information, including renewal application information, updated loss information, etc. - Issue all policy endorsements for policies providing additional coverage, including waivers of subrogation, additional insureds, etc. Additional Responsibilities: - This job description is intended to describe the level of work required of the person performing the position. Essential functions are outlined; however, other duties may be assigned, as needs arise, or as required to support the essential functions. - Specific performance objectives may be developed each year to measure the performance of the tasks and functions listed in this job description. - Remote work opportunities vary by location, department, and business need and are subject to change, as needed. Each manager will provide details on any telecommuting opportunities, as well as scheduling, within their department. Qualifications - High school diploma or the equivalent - Minimum 2 years of insurance experience required - Experience in underwriting and pricing endorsements preferred Requirements - Knowledge of business terminology, spelling, grammar, arithmetic and office practices - Strong interpersonal skills - Excellent oral and written communication skills - Excellent organizational and planning skills - Ability to make decisions according to rules, regulations and procedures - Ability to input and retrieve information from a personal computer (Microsoft Word experience preferred) - Ability to understand and carry out complex instructions - Ability to prepare and maintain complex records and files - Ability to be detail-oriented - Ability to work independently and as part of a team - Ability to comprehend insurance and environmental/technical subjects - Discretion in handling confidential/sensitive information - Highly professional attitude and demeanor - Highly motivated Work Conditions - Ability to perform approximately 90% sedentary work, exerting up to 10 pounds of force occasionally, and negligible force frequently - Ability to lift up to 20 pounds, occasionally - Requires operation of a computer workstation, including keyboard and video display - All requirements may be modified to reasonably accommodate physical or mental impairment

Job Requirements

  • High school diploma or the equivalent
  • Minimum 2 years of insurance experience required
  • Experience in underwriting and pricing endorsements preferred
  • Knowledge of business terminology, spelling, grammar, arithmetic and office practices
  • Strong interpersonal skills
  • Excellent oral and written communication skills
  • Excellent organizational and planning skills
  • Ability to make decisions according to rules, regulations and procedures
  • Ability to input and retrieve information from a personal computer (Microsoft Word experience preferred)
  • Ability to understand and carry out complex instructions
  • Ability to prepare and maintain complex records and files
  • Ability to be detail-oriented
  • Ability to work independently and as part of a team
  • Ability to comprehend insurance and environmental/technical subjects
  • Discretion in handling confidential/sensitive information
  • Highly professional attitude and demeanor
  • Highly motivated
  • Work Conditions
  • Ability to perform approximately 90% sedentary work, exerting up to 10 pounds of force occasionally, and negligible force frequently
  • Ability to lift up to 20 pounds, occasionally
  • Requires operation of a computer workstation, including keyboard and video display
  • All requirements may be modified to reasonably accommodate physical or mental impairment

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