Renewal Underwriter OR Technical Assistants
Renewal Underwriter OR Technical Assistants
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
South Bay Search is partnering with a regional MGA seeking a Renewal Underwriter and Technical Assistants on the brokerage team.
Please apply if you have commercial underwriting brokerage or claims experience. Amazing opportunity to kick start career or deep dive into underwriting or account management with a fantastic company.
What will your job entail
Job Responsibilities:
- Assists the process of binding insurance policies ensuring accuracy and compliance with binding underwriting guidelines and regulatory requirements.
- Administers underwriting applications with the information necessary to rate document and issue accurate and compliant policies.
- Assists with new business submission with directions from the Binding Underwriter to prepare and market to carrier.
- Coordinates between Underwriters and brokers by responding to inquiries works with brokers to obtain information needed to quote and provides revised quotes as requested.
- Processes and issues policy endorsements including changes to coverage limits or policy terms ensuring accuracy and timely implementation and tracks cancellation notifications nonrenewal and renewal solicitation notifications.
- Maintains comprehensive and organized records of all binding transactions and related documentation including policy details endorsements and client information.
- Communicates with clients to collect required information explains policy terms and conditions and addresses any questions or concerns related to the binding process.
- Executes the work assigned by underwriters and underwriting assistants when they are out of the office or otherwise unavailable.
- Prepares reports related to policy binding metrics performance and compliance providing insights for process improvement.
Work Experience:
Minimum of 1 year of work experience in Insurance Industry or Binding Underwriting or related field.
Licenses & Certifications:
Prescribed: Minimum requirements for state P&C and/or surplus line licenses
Preferred: Certified Insurance Counselor (CIC) (Preferred)
*Must be local and open to in office with future hybrid opportunities
Employment Type
Full Time
