Assistant Underwriter

11 hours ago


Overland Park, United States Lockton, Inc. Full time
Job Summary:

  • Follow established procedures for reviewing new and renewal applications, assessing risk eligibility, and providing competitive pricing guidance.
  • Communicate with internal and external customers to gather and analyze insurance information, supporting underwriting activities such as quoting, binding, issuing, and endorsing policies.
  • Ensure compliance with referral criteria outside of underwriting authority.
  • Prepare files for underwriter approval outside of authority by performing preliminary review and evaluation of the risk.
  • Rating and preparation of new quotes as directed by Underwriter.
  • Document and communicate policy approvals or rejections to the underwriting team and customers in a timely manner.
  • Review and process transactional items for individual risks.
  • Perform other work-related duties and projects as assigned.
Requirements:
  • Bachelor's degree or other relevant study preferred.
  • 1-3 years of experience in professional liability insurance, with a solid understanding of relevant concepts, practices, and procedures.
  • Rating and underwriting experience.
  • Ability to work independently and exercise good judgement in accordance with regulatory and carrier requirements for moderately complex items.
  • Proficiency in Microsoft Office products.
  • Strong mathematical skills.
  • Excellent verbal and written communication skills.
  • Strong organizational and time management skills to meet deadlines.


The preceding job description has been designed to indicate the general nature and level of work performed by Associates within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of Associates assigned to this position.

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