drjobs Associate Underwriter

Associate Underwriter

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Minneapolis, MN - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company Details

Were a member company of W. R. Berkley Corporation an A. M. Best A rated Fortune 500 holding company. Berkley is comprised of individual operating units that serve a defined insurance market segment. BTU A global insurance provider offering property casualty professional and cyber insurance coverage for technology firms and businesses with technology exposure.

Responsibilities

The Associate Underwriter will support the underwriting department by handling limited exposure accounts and completing underwriting functions based on underwriting guidelines and Letter of Authority. This role provides functional support to underwriters including systems support and offers operational assistance as needed to ensure efficiency within the underwriting team. It is designed to help the individual learn and grow within the underwriting field.

  • Review new submission materials assess risk and determine appropriate terms.
  • Process assigned automatic and nonautomatic renewals within delegated authority.
  • Follow specific instructions of the underwriter.
  • Review applications from agents and obtain missing information.
  • Refer to the underwriter or underwriting manager when outside delegated authority.
  • Prepare proposals for agents.
  • Order inspections as needed for underwriting of risk per guidelines or instructions.
  • Maintain records and prepare required reports as necessary.
  • Meet and/or communicate with agents as needed.
  • Maintain contact with and act as liaison between agents and internal teams in administering accounts where necessary.
  • Maintain and update files for underwriting reviews.
  • Research and resolve criticisms.
  • Ensure the accurate and timely rating booking and issuance of new business endorsement cancellation and renewal transactions.
  • Set up quote requests endorsement requests and issuance by Operations team.
  • Handle endorsement requests within delegated authority.

Additional Duties

  • Order loss control
  • Order and review MVRs Opterix BUR or other outside materials as instructed.
  • Handle routine inquiries from agents.
  • Provide guidance and training to entrylevel assistants.
  • Identify and suggest improvements to underwriting processes and workflows.

May perform other functions as assigned

Qualifications

  • 2 years commercial insurance underwriting assistant experience
  • Multiline rating experience
  • Knowledge of commercial coverages endorsements rules and regulations
  • Strong attention to detail and organizational skills
  • Excellent interpersonal decision making and analytical skills required
  • Ability to work in a team environment
  • Excellent customer service skills
  • Excellent verbal and written skills

Education

  • High school diploma or equivalent

Additional Company Details

The Company is an equal employment opportunity employer.

We do not accept any unsolicited resumes from external recruiting firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
Base Salary Range: $44k $88k
Benefits include Health dental vision dental life disability wellness paid time off 401(k) and profitsharing plans

The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.

Required Experience:

IC

Employment Type

Unclear

Company Industry

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.