Insurance Underwriter Assistant
4 weeks ago
The position of Underwriting Assistant is a critical role within the CRC Group, requiring a high level of expertise in commercial multi-line underwriting and rating. As an Underwriting Assistant, you will be responsible for underwriting renewal business with minimal supervision, accurately explaining liability and other program coverages to clients and prospective clients, and providing necessary instruction to Underwriting Clerks and Policy Typists.
Key Responsibilities- Underwrite renewal business with minimal supervision of an underwriter.
- Accurately explain liability and other program coverages to clients and prospective clients.
- Provide necessary instruction to Underwriting Clerks and Policy Typists.
- Evaluate policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes as needed.
- Conduct Ratings for new and renewal business.
- Manage all account documentation.
- Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).
- Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and Company guidelines.
- Establish New Submissions in the clearance system and handle according to established procedures.
- Produce cancellation and non-renewal notices according to statutory and contractual requirements.
- Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.
- Maintain pending/suspense system per established procedures.
- Maintain account files in accordance with company policy.
- College degree with a concentration in business or equivalent work experience.
- One year of wholesale insurance experience.
- State specific Insurance License required.
- Underwriting Clerk experience or three years of general insurance experience.
- Must be able to understand and analyze necessary components of insurance policies.
- Must have knowledge of commercial multi-line underwriting and rating.
- Must have ability to use company automation to include Windows, Delphi, Word, DocuCorp, and Rackley ISO Rating Software.
- Ability to develop, foster, and maintain an excellent working relationship with clients.
- Ability to work in a team environment essential.
- Maintain current knowledge of the insurance industry.
- Good written and verbal skills.
- Ability to work extended hours when necessary.
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