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Assistant Underwriter

3 months ago

Boca Raton, United States Hull & Company Full time

Job Description

Our Hull and Company team seeks an Assistant Underwriter to join our team in Boca Raton, FL.


WHAT YOU’LL DO:

Assists the Underwriter by reviewing insurance applications, inspections, and other pertinent information to evaluate, classify, and rate individuals and groups for insurance by performing the following duties.

  • Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property.
  • Work with Underwriter, ensuring that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws.
  • Provide full assistance and support for the sales and production process.
  • Secure payments on risks bound or written.
  • Work with Underwriter when reviewing risks submitted by Producers, rate submissions for premium and terms, issue written binders.
  • Review indications, quotes, binders, submissions and policies for completeness and high degree of accuracy.
  • Become thoroughly familiar with the use of all agency management software systems and suggest labor saving uses to the Team Leader.
  • Task the ordering of inspections to the proper branch personnel. This duty requires the ability to identify the different types of policies and the common information to request the inspection company obtain at time of inspection.
  • Careful review of inspections used to obtain underwriting information, quote rates, or adherence to company underwriting guidelines.
  • Issuance and/or re-issuance of Certificates of Insurance.
  • Work with the Underwriter to be sure the forms on the policies are the current edition dates used by each Company.
  • Telephone assistance. This duty involves the ability to answer basic questions a Producer may have. If the question is too involved, refer the Producer to an Underwriter, who can help.


WHAT YOU’LL NEED:

  • High School Diploma or General Education Degree (GED).
  • Exceptional telephone demeanor
  • Ability to maintain a high level of confidentiality.
  • 1-2 years related experience


Preferred

  • Experience with policy issuance or excess and surplus lines underwriting agency or company a plus.
  • FL 2-20 License, CIC designation a plus.


WHAT WE OFFER:

  • Excellent growth and advancement opportunities
  • Competitive pay based on experience
  • Paid time off
  • Full benefits package: health, dental, vision, 401(k) etc.
  • Employee Stock Purchase Plan


WHO WE ARE:

The Wholesale Brokerage Division of Hull & Company, a subsidiary of Brown & Brown, Inc., markets excess and surplus commercial and personal insurance products to retail insurance agencies, and reinsurance products and services to insurance companies throughout the United States. Our combined operations rank us as one of the largest wholesale brokerage operations in the excess and surplus lines marketplace. Becoming a Teammate of Hull & Company introduces you to a career with virtually unlimited possibilities. Our unique corporate culture rewards self-starters and hard workers who adhere to our commitment to do what is best for our clients. With Hull & Company you will get the training, the mentoring, and the tools you need to succeed.