Underwriting Assistant-Intern

SUMMARY:

The Underwriting Assistant will be responsible for assisting the Underwriting team with the:

• Clearing and logging in new business submissions
• File construction of new business submissions and File retrieval and construction of renewal submissions
• Processing and invoicing bound new and renewal business per binder
• Policy construction and issuance
• Processing Policy Change Requests or Endorsements per the instruction of the Underwriter
• Processing of all administrative work related to submissions and in-force policies

ESSENTIAL FUNCTIONS:

• Review policies for correctness prior to issuing
• Liaison with agency and broker representatives. Handle questions or direct them to the appropriate person and handle requests for information (i.e. loss run requests)
• Process suspense items as requested
• Clear and log in new business submissions
• For renewals, retrieve the expiring policy file and prepare a renewal submission file for the underwriter
• Process binder and produce policy for issuance
• Follow up on all outstanding information listed in quote letters that are not yet received
• Send out initial renewal notices 120 days prior to the renewal date and suspense for follow-up. Refer to the underwriter 45 days prior to renewal
• Obtain all necessary information, including renewal application information, updated loss information, etc
• Issue all policy endorsements for policies providing additional coverage, including waivers of subrogation, additional insureds, etc
• Other requirements as determined

ADDITIONAL RESPONSIBILITIES:

This job description is intended to describe the level of work required of the person performing the position. Essential functions are outlined; however, other duties may be assigned, as needs arise, or as required to support the essential functions. Specific performance objectives may be developed each year to measure the performance of the tasks and functions listed in this job description.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Knowledge of business terminology, spelling, grammar, arithmetic, and office practices
• Strong interpersonal skills
• Excellent oral and written communication skills
• Excellent organizational and planning skills
• Ability to make decisions according to rules, regulations, and procedures
• Ability to input and retrieve information from a personal computer (Microsoft Word experience preferred)
• Ability to understand and carry out complex instructions
• Ability to prepare and maintain complex records and files
• Ability to be detail-oriented
• Ability to work independently and as part of a team
• Ability to comprehend insurance and environmental/technical subjects
• Discretion in handling confidential/sensitive information
• Highly professional attitude and demeanor
• Highly motivated
• Results Driven
• Integrity/Ethics
• Commitment
• Quality
• Communication
• Team Player

QUALIFICATIONS:

• High school diploma or the equivalent
• Minimum 2 years of insurance experience required
• Experience in underwriting and pricing endorsements preferred

WORKING CONDITIONS AND REASONABLE ACCOMMODATIONS:

• Fast-paced, multi-tasking, office environment with periodic high disruption and changing priorities
• Ability to perform approximately 80% sedentary work, exerting up to 10 pounds of force occasionally, and negligible force frequently
• Ability to lift to 20 pounds occasionally
• Requires operation of a computer workstation, including keyboard and video display
• All requirements may be modified to reasonably accommodate physical or mental impairment