Personal Lines Assistant Underwriter

2 months ago

Barre, United States New England Excess Exchange Full time

WHO WE ARE:

NEEE is a 40-year-old excess and surplus insurance Managing General Agency (MGA) headquartered in Barre, VT, and was recently recognized by Vermont Business Magazine as one of the Best Places to Work in the state for the 3rd consecutive year. Recently, NEEE joined Bridge Specialty Group, a leading global insurance wholesaler. Comprised of more than 25 specialty brands with offices in more than 50 locations throughout the US, UK and Europe, Bridge provides its retail insurance customers with a team of seasoned industry professionals with extensive market access who customize coverage options and provide a wide range of creative solutions to meet customers’ specific needs


Our mission is to foster mutually beneficial relationships with our teammates, carriers, and independent insurance agents. At NEEE, we give our teammates the opportunity to share new ideas, solve problems, and assist in strengthening our mission to build long-term partnerships with our valued agents.


Employees at NEEE function in an open and collaborative environment. All employees have the opportunity to share new ideas, solve problems and assist in strengthening the corporate mission to build long-term partnerships with retail insurance agents. At NEEE, Underwriting Assistants are the key to ensuring a successful workflow for the underwriter and retail agent. We are seeking a detailed oriented, customer-service-driven individual who is team-oriented and performance-focused.


The Underwriting Assistant supports the Binding Authority Underwriters by reviewing applications, inspections, and other pertinent information to evaluate, classify, and rate risks for insurance.


WHO YOU ARE:

You believe in working as a team and thrive in fun, collaborative environments. You have a client-focused attitude and value the importance of relationships, professionalism, and trust. You set goals high and aim higher. You have solid communication skills. You are detail oriented and organized. You enjoy learning new skills, systems, processes, and procedures. You are a great listener and are not afraid to ask questions. You believe that learning is vital to success.


WHAT YOU WILL DO:

  • Examines such documents as applications, supplemental questionnaires, inspection reports, and loss runs to determine degree of risk from factors including but not limited to loss history, condition of property, and valuation.
  • Work with Binding Authority Underwriters when underwriting new and renewal risks, ensuring that all required information is obtained, proper applications are complete, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings where applicable are made, and taxes are paid according to appropriate state laws.
  • Frequently coordinate and correspond with other internal and external departments via phone, mail and email to respond to questions, investigate and resolve issues, and follow up on outstanding items.
  • Assist in the training of other personnel as directed, not limited to instructing and training processors and assistants, review indications, quotes, binders, submissions, and policies for completeness and accuracy.
  • Ensure all correspondence and requests are documented and attached to the appropriate file in the appropriate system(s).


WHAT YOU WILL NEED:

  • Minimum education required High School Diploma or GED.
  • Proficient with MS Office Suite
  • Exceptional telephone demeanor
  • Ability to maintain a high level of confidentiality.
  • 1 – 2 years' experience in a similar position

Preferred

  • Associate or bachelor’s degree in an insurance or accounting related discipline.
  • Working towards or holds valid P&C license.


WHAT WE OFFER:

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

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