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Underwriting Assistant, Excess Casualty
4 months ago
We are seeking an **Underwriting Assistant, Excess Casualty** located in New York Office. The underwriting assistant supports the underwriting function through customer service and processing while working with underwriters and other assistants to effectively manage workload and establish priorities.
**Responsibilities**:
- Responsible for reviewing submissions
- Prepare Underwriting Workbooks
- Assist underwriters with quote, binder, policy issuance & endorsement workflows
- Create, register, process and distribute binders, policies and endorsements within processing standards established by management
- Register bound premiums within 24 hours of binding
- Prepare all policies in accordance with final binders inclusive of review by underwriting staff
- Implement and maintain a field service reputation that is recognized as superior in the industry
- Review and analyze facultative reinsurance certificates as determined by management
- Properly label & file underwriting documentation
- Maintain file integrity by ensuring all necessary documents are filed
- Review and resolve premium discrepancies
- Work with accounting & follow up for overdue premiums, if necessary
- Provide backup to other Underwriting Assistants as necessary
- Assist in training/shadowing new hires
Qualifications include:
- Minimum of 2-5 years’ experience as a technical/underwriting assistant with similar duties
- Bachelor’s Degree Preferred
- Strong problem solving and decision-making ability
- Strong written and oral communication skills
- Computer skills including PowerPoint, Word, Excel, Outlook, Access, Adobe Acrobat
- Able to multi-task and communicate
- Demonstrated planning and organizational skills
- Strong attention to detail
**Salary Range: $65,000- $100,000 **Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
- Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.
- Pharmacy benefits with mail order options.
- Dental benefits including orthodontia benefits for adults and children.
- Vision benefits.
- Health Care & Dependent Care Flexible Spending Accounts.
- Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
- Company-paid Disability benefits with very competitive salary continuation payments.
- 401(k) Retirement Savings Plan with competitive employer contributions.
- Competitive paid-time-off programs, including company-paid holidays.
- Competitive Parental Leave Benefits & Adoption Assistance program
- Employee Assistance Program
- Tax-Free Commuter Benefit
- Tuition Reimbursement & Professional Qualification benefits
**Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V**
Pay: $65,000.00 - $100,000.00 per year
**Benefits**:
- 401(k)
- Dental insurance
- Health insurance
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
