Underwriting Assistant
$39k - $74.8kFull-time
Berkley
:
Company Details:
Berkley Human Services, a Berkley Company, is devoted to meeting the needs of Human Services Organizations. Our insurance policies are written through our Berkley affiliates, each of which is rated A+ (Superior) by A.M. Best Company with a Financial Category of XV.
We offer property and casualty coverage designed for the unique operational aspects of social service organizations. Our Human Services Program dates back to 1989 and has continuously evolved to meet the unique needs of the market we serve. We insure both nonprofit and for-profit social service organizations, such as child daycare, sheltered workshops, group homes, senior citizen centers, senior independent living, schools, counseling services, YMCAs, YWCAs, and Boys & Girls Clubs.
Responsibilities:
To assist underwriting department through the handling of limited exposure accounts and to complete underwriting functions based on the underwriting guidelines and Letter of Authority. Rate and issue assigned accounts and provide functional support to underwriters.
Handle new and/or renewal accounts, as assigned by underwriters or manager, by: - Reviewing new submission material, assessing risk and determining appropriate terms.
- Processing assigned Automatic and non-Automatic renewals within delegated authority.
- Following specific instructions of the underwriter.
- Reviewing applications from agents and obtaining missing information.
- Refer to underwriter or underwriting manager when outside assistant underwriter authority.
- Prepare proposals for agents.
- Follow up on all quotations in order to verify account status.
- Following guidelines or instructions, order inspections as needed for underwriting of risk.
- Maintain records and prepare required reports as necessary.
- Meet or communicate with agents/marketing personnel.
- Maintain contact with and act as liaison between independent agents, insurance company, claims adjusters and other concerned parties in administering accounts where necessary.
- Maintain and update files for underwriting reviews.
- Rate and process business as assigned, to include manual, computer and experience rating.
- Set up policy order and instructions for issuance by Operations team.
- Handle endorsement requests within delegated authority.
Perform other account-related duties, as assigned by underwriters, such as:
- Order loss control
- Order / review MVR's, GuideStar information, BUR or other outside materials as instructed.
- Complete valuation estimations as requested or directed.
- Handle routine inquiries from agents
- Above average mathematical skills.
- ISO Commercial Multi-line rating knowledge and experience.
- Insurance company experience.
- Strong PC and keyboarding skills.
- High school or equivalent relevant experience
Vacancy posted 19 hours ago
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