Underwriting Assistant
4 weeks ago
Need Help?- Accessibility_
- (accommodation requests only; other inquiries won't receive a response)._
Regular or Temporary:
Regular
Language Fluency: English (required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Invoices policies, coordinates the servicing of new and renewal accounts from the time of binding according to Company guidelines and anticipates/prevents issues and problems as necessary. Provides high quality professional service to Agents and Companies.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Evaluate policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes as needed.
2. Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).
3. Manage file and account documentation.
4. Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and carrier guidelines.
5. Establish New Submissions in the clearance system and handle according to established procedures.
6. Produce cancellation and non-renewal notices according to statutory and contractual requirements.
7. Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.
8. Maintain pending/suspense system per established procedures.
9. Maintain account files in accordance with company policy.
10. Perform other duties as assigned.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. One year of wholesale insurance experience
2. State specific Insurance License
3. Experience as an underwriting clerk or a three years of general insurance experience
4. Must be able to understand and analyze necessary components of insurance policies
5. Must have knowledge of commercial multi-line underwriting and rating
6. Must have ability to carrier software
7. Ability to develop, foster, and maintain an excellent working relationship with carriers and agents
8. Ability to work in a team environment essential
9. Maintain current knowledge of the insurance industry
10. Good written and verbal skills
11. Ability to work extended hours when necessary
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit
our Benefits site
- Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
- CRC supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC is a Drug Free Workplace._
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