Underwriting Assistant I
Underwriting Assistant I
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Salary Not Disclosed
1 Vacancy
Job Description
Overview
Under moderate supervision this position supports the underwriting team in providing efficient and accurate handling of the technical aspects of the underwriting process. Provides administrative support to multiple underwriters and completing administrative tasks to expedite the underwriting process. This can include policy processing and issuance for new business and/or renewal preparation quoting and issuance;endorsement processing; cancellations; and/or other policy processing associated tasks. May potentially hold a limited Letter of Underwriting Authority. Maintains a solid understanding of AmTrusts mission vision and values. Upholds the standards of the AmTrust organization.
Responsibilities
- Provides instruction to processing department for new and renewal accounts
- Provides instruction to processing department for endorsement requests.
- Processes endorsements that are tasked to be handled within the Underwriting Department.
- Fulfills brokers requests for loss runs copies of policies copies of invoicing etc.
- Provides agency support of general questions regarding renewal status endorsement status cancellation status billing inquires commission questions etc..
- Requoting within current systems as needed with requotes limited to adjustment of credits debits or deductibles or any requotes that can be completed within set time frame.
- Communicates effectively with internal and external contacts
- Completes renewal proposals as requested.
- Manually rates coverages and/or policies that are not fully automated.
- Handles full renewal process as allowed by Letter of Authority.
- Completes file documentation according to best practices guidelines.
- Responds to agent service questions and handles problems and service issues to a satisfactory resolution.
- Follow up on outstanding issues (i.e. loss control recommendations etc)
- Supports the Underwriters in their activities as needed.
- Keeps current with market trends and demands.
- Performs other functionally related duties as assigned.
Qualifications
Required:
Associate degree or equivalent work experience
Proven research and analytical skills to identify gather and organize information to provide recommendations
Working knowledge of PC based systems and applications such as Microsoft Office and databased systems
Ability to learn new software applications
Preferred:
3 years of clerical or administrative experience preferred
Insurance industry experience with knowledge of Property and Casualty Lines of coverage.
Strong verbal reading and written communication skills
Bachelors Degree preferred
This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities duties or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.
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What We Offer
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans Life Insurance including eligible spouses & children Health Care Flexible Spending Dependent Care 401k Savings Plans Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race ethnicity gender sexual orientation culture religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds skills and perspectives of its workforce it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative enabling us to attract retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company how we operate and how we see our future.
Employment Type
Full-Time
