Surety Bond Underwriting Assistant

: Description:

We are Hiring! Surety Bond Underwriting Assistant

Location: New Jersey

Why choose Palomar?

Founded in 1979, First Indemnity of America Insurance Company (FIA Surety) takes great pride in our expertise and high limits of authority. Additionally, we provide quick responses, large bond approvals and a creative approach to the business. Want to learn more about our exciting journey?

The Details:

The Surety Bond Underwriting Assistant works to execute and process Surety Bond business in our Morris Plains office, providing administrative and underwriting support for our Surety Underwriting team.

What will you do:

• Use Surety systems to process new business through data entry
• Applying knowledge and understanding of rating scenarios and producing error free work through strong attention-to-detail. This includes but is not limited to preparing and executing new bonds, riders, enter rates and code new business, renewals, and cancellations.
• Provide underwriting support to Surety Underwriting team (Underwriters, Bond Manager, Office Manager, CEO, etc.) and exemplary service to customers, including agents and clients.
• Assists with customer service inquiries and questions, as well as input new bond transactions. Prepare and verify documents for accuracy prior to entering.
• Assist with billing, premium and commission discrepancies upon request.
• Use excellent written and verbal communication skills to engage with clients, claims professionals, and additional internal and external clients.

Requirements:

What we are looking for:

• 2+ years' business experience, preferably in insurance or financial services
• Able to work on-site 5x/week; 9am-5pm
• Bachelor's degree
• Ability to process transactions within appropriate systems with a high level of accuracy
• Must be an organized, detail oriented multi-tasker
• Possess excellent verbal, written and follow-through skills
• Flexibility and teamwork required
• Excellent computer skills in MS Office and ability to learn internal systems
• Strong motivation to consistently deliver services and tasks associated with responsibilities
• Training or experience in customer service & administrative functions
• Ability to effectively interact with internal team members & broker's office

We love people who want to:

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress
• Be intellectually curious, think creatively, and pragmatically

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits
• Long Term Financial Incentives - STOCK!
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Hybrid Work Environment
• Lifestyle Spending Account
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)
• To learn more visit us at

Diversity at Palomar

At FIA/Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yield greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

#PalomarPride #Insurancejobs #hiring

Accommodations:

FIA/Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. FIA/Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

For more information about our company, visit us at FIA/Palomar is an Equal Opportunity Employer.

No phone calls or agency solicitation please

CCPA Job Applicant:

Pay Range: $22 - $25/hour

The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above