Underwriting Assistant

UnderwriterUnderwriterFull TimeRemoteTeam 1,001-5,000H1B No SponsorCompany SiteLinkedIn

Location

New Jersey

Posted

28 days ago

Salary

$36K - $67.8K / year

High School3 yrs expEnglish

Job Description

• Provide underwriting with pre-quote transaction support, including but not limited to: Validate data entry into underwriting workbooks and systems, such as auto classification, GL classification, schedule of underlying, and losses. • Assist in the verification of proper documentation regarding coverage and limits prior to completing transactions. • Communicate, as needed, with customers to obtain information required to complete transactions. • Assume responsibility for completion of the transaction after underwriting binds an account, including but not limited to: Utilize various internal systems to complete policy drafting, verify data accuracy of drafted policy, set-up within our internal electronic document management system, and follow-up for underwriter approval for accounts outside authority. • Issue/mail approved Policies. • Complete booking of premium within appropriate system, and confirm premium posted properly. • Perform review of underlying policies, report policy data to third party reporting agencies such as the Departments of Motor Vehicles, and resolve criticisms from those reporting agencies in a timely manner. • Process post-bind transactions, including endorsements, cancellations, and reinstatements. • Contribute to the Crum & Forster team environment and continuous improvement philosophy: Communicate and collaborate with other departments within the corporation to answer policy questions, resolve issues, and identify ways to streamline processes. • Work with system support to test releases when the verification of successful programming involves a review of the production environment. • Assist with special projects, upon request.

Job Requirements

  • High school diploma and 3+ years of relevant experience.
  • Knowledge of insurance processes and procedures with emphasis on surplus lines of business preferred.
  • Exceptional attention to detail, organizational skills and ability to take initiative.
  • Solid computer skills including Word, Excel: E-mail & Internet Based Technology
  • Ability to work in a fast paced environment and move quickly from one project to another.
  • Additionally, the successful candidate will be highly motivated with a positive outlook, possess a service mentality, and have the ability to multi-task in a fast paced environment.

Benefits

  • 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

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