Underwriting Team Assistant I
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Job Description
Underwriting Team Assistant supporting the servicing of insurance policies and managing account documentation. Collaborating with agents and following company guidelines for policy management.
Responsibilities:
- Evaluate policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes as needed.
- Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).
- Manage file and account documentation.
- Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and carrier 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.
Requirements:
- One year of wholesale insurance experience
- State specific Insurance License
- Experience as an underwriting clerk or a three years of general insurance experience
- Must be able to understand and analyze necessary components of insurance policies
- Must have knowledge of commercial multi-line underwriting and rating
- Must have ability to carrier software
- Ability to develop, foster, and maintain an excellent working relationship with carriers and agents
- Ability to work in a team environment essential
- Maintain current knowledge of the insurance industry
- Good written and verbal skills
- Ability to work extended hours when necessary
Benefits:
- medical, dental, vision, life, disability, and AD&D insurance
- tax-advantaged savings accounts
- 401(k) plan with company match
- generous paid time off programs
- company holidays
- vacation and sick days
- new parent leave
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