Production Underwriting Assistant
1 week ago
USG Insurance Services, Inc. is seeking a highly skilled and detail-oriented Production Underwriting Assistant to join our team. As a key member of our production team, you will play a crucial role in supporting new business development, maintaining client relationships, and ensuring efficient administrative processes.
Key Responsibilities:
- Request and review application specifications from retail agents, summarizing completed applications, exposures, loss history, target pricing, and submitting to brokerage carriers for quotation.
- Review all solicited quotations and negotiate final pricing, terms, and conditions for identified carriers.
- Prepare and submit final quotations for recommended carriers to the retail agent.
- Handle the binding and invoicing of accounts.
- Record renewal progress and final dispositions.
Requirements:
- At least 2 years of prior insurance experience, preferably in wholesale brokerage/MGA, retail insurance agency, or insurance company.
- Knowledge of Windows-based software applications and basic typing skills.
- Knowledge of basic P&C insurance, forms, endorsements, rating methods, and terminology.
- Ability to calculate figures and amounts such as annual and short-term premiums, additional and return premiums related to endorsement and audit activities, commissions, policy fees, taxes, etc.
- Ability to handle multiple tasks and prioritize effectively.
What We Offer:
- Comprehensive Benefits Package including medical, dental, vision, and life insurance, 401K retirement plan, flexible spending account, dependent care, tuition reimbursement, and producer savings bonus plan.
- A week of hands-on, in-person training to meet our corporate team.
- Access to 24/7 virtual training through USG University.
- Outstanding company holiday schedule and generous paid time off package.
- Potential for exponential growth in the company.
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