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Underwriting Assistant

3 months ago


Chicago, United States Core Specialty Full time

This role will be responsible for providing administrative and underwriting support to the underwriting team within the E&O Division which includes LPL.

Key Accountabilities/Deliverables:
- Creating new business accounts in the appropriate system(s) and filing all relevant documentation- Processing and issuing policies independently, accurately, and within established standards- Processing and issuing monied and non-monied endorsements independently, accurately, and within established standards- Booking accounts: confirm all binder information is accurate in appropriate system(s) before advancing the policy to the billing phase.- Processing BORs: edit form letter for both the original and selected broker, send letters to the appropriate brokers, and update the records in appropriate system; file documentation electronically- Provide general assistance and support to underwriters, brokers, and other internal departments [IT, billing, claims, operations, etc.]

Technical Knowledge and Understanding:
- Knowledge of Professional Liability insurance industry E&O and LPL (preferred)- Basic knowledge of insurance company operations, or similar experience.

**Experience**:
- 2 + years in the professional/management liability marketplace or other Insurance experience- Prior Insurance Company or MGU experience (preferred)- Prior E&O and LPL experience preferred.- Experience working with support services, including IT and operations

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program