Underwriting Assistant, Custom Property - Hybrid
$43.9kCrum & Forster
Underwriting Assistant
Seneca Custom Property is looking for a dedicated Underwriting Assistant, responsible for using and booking of policies and endorsements within all department standards, performing all pre-quote work required by underwriting as well as various other tasks.
The Underwriting Assistant supports various underwriting processes, including communication with our agents along with internal departments, to address the needs of current and prospective clients. Be able to work side by side with the Underwriters to maintain a common goal of growth and profitability while maintaining relationships with the brokers and their service needs.
This is a hybrid role for the Chicago area or Cherry Hills, NJ, with a strong preference in Chicago.
What you will do for C&F:
- Be able to work independently as well as a part of a team.
- Detailed Oriented.
- Experience with Outlook, Excel, Word, Image Right, Duck Creek and WINS is a plus.
- Issue & Book policies in WINS/Duck Creek within department standards.
- Issue & Book various endorsements in WINS/Duck Creek.
- Complete Fac Cession Slips (Reinsurance).
- Calculate RP/AP transactions based on account rate/underwriting instructions.
- (AP=Additional Premium/RP=Return Premium).
- Determine pro-rate/short rate factors (method of calculating premiums on a short term basis rather than Annual).
- Perform all pre-quote work requested by the UW i.e. Risk Meter, ISO, Property Shark, Experian, Web Research, Mapping, etc.
- Run Risk Browser Modeling helps determine pricing and exposure when there is a catastrophe insurance involved Hurricane, Flood, Earthquake.
- Order Inspections.
- Managing Tasks that are assigned in a date/time order.
- Issue notices (Non-Renewal, Cancellations and Reinstatements in accordance with underwriting and statutory laws).
- Order Loss Runs when requested.
What you will bring to C&F:
- High school diploma/GED required, Bachelor's degree preferred.
- 1-2 Years of Insurance Company Operations.
- Strong Communications and Organizational skills, being able to multi-task.
- Proficient in various Microsoft software applications, such as Excel and Word.
- Will be able to abide by departmental policies and procedures including guidelines placed by the Property Management Team.
What C&F will bring to you
- Competitive compensation package
- Generous 401K employer match
- Employee Stock Purchase plan with employer matching
- Generous Paid Time Off
- Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing
- A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
- A dynamic, ambitious, fun and exciting work environment
- We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
At C&F you will BELONG
If you require special accommodations, please let us know. We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know
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Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $43,900.00 to a maximum of $64,400.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.
Crum & Forster$55k - $60k
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