Underwriting Assistant (Temp)
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Job Location:
West Hartford, CT - USA
Monthly Salary:
$ 26 - 27
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Company Details
This role will be based in our West Hartford CT office and require in office 5 days a week till becoming a Full Time employee when it will become 4 days in the office 1 work from home schedule.
The Company is an equal employment opportunity employer.
Responsibilities
As an Underwriting Assistant you will process underwriting support tasks for a line of business for the lifecycle of an account. The account lifecycle may include (but is not limited to: issuance of new business quotes binders policies and mid-term endorsements renewal solicitations renewal raters quotes binder policies and mid-term endorsements audits cancellations and non- renewals (both Insured and Company request). Depending on your level of experience you may have some limited underwriting authority.
This is a Temporary role with the opportunity to become a full time employee.
What you can expect:
- Culture of innovation teamwork supportive colleagues and leaders willing to invest in talent
- Internal mobility opportunities
- Visibility to senior leaders and partnership with cross functional teams
- Opportunity to impact change
Well count on you for:
- Pre-underwriting/pre-qualification of New Business and Renewal risks.
- Solicitation of additional information relative to submission from broker
- Preparing Declination correspondence to broker
- Completion/updating data entry fields in BPM Workflow Management System
- Aid in the completion of Rating/Review Documents
- Completion of necessary fields in Underwriting System
- Limited Underwriting Authority for renewal business (within established guidelines)
- Tracking and follow-up of outstanding subjectivity items
- Policy and endorsement processing and issuance
- Management of Declined/Unsuccessful accounts in Underwriting System(s) and BPM Workflow Management System
- Monthly solicitations/follow-up for outstanding renewal information
- Generation and Management of Monthly Renewal Lists - specific to Line of Business/Underwriter
- Generation of Monthly Bound Account List for use in File Audits
- Monthly completion of File Audits (for previous month) - Tracked through BPM Workflow Management System
- Act as liaison with finance/accounting as needed
- Manage billing/accounting inquiries (FAB Billing System)
- Follow-up on overdue premiums
- Participates in special projects or program business as needed
- Availability to aid in additional workflow processes when needed and subject to supervisor direction
Qualifications
What you need to have:
- Basic computer skills as well as proficiency with Microsoft Word Microsoft Excel and other related programs
- Attention to detail
- Functional understanding of all required systems and processes
- Professional and effective communication skills
- Ability to work both independently and in a team environment
- Willingness to learn
- Ability to multi-task
- Ability to work in a fast-paced environment and respond quickly when necessary
- Excellent time management skills
What makes you stand out:
- Bachelors Degree from a four-year college or university
- 2 years of insurance industry/related experience and/or training preferred
- Understanding of BAPU Best Practices Underwriting Guidelines and Line of Business risk appetite
Additional Company Details
Target Hourly Range: $26.00 - $27.00
There is potential for the role to become Temp to Perm. Should the role become Perm wed offer a competitive compensation plan and robust benefits package for full time regular employees including:
Eligible to participate in annual discretionary bonus
Benefits include: Health dental vision dental life disability wellness paid time off 401(k) and profit-sharing 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.
Sponsorship Details
Required Experience:
Contract
Key Skills
- Employee Orientation
- Data Entry
- Organizational skills
- Adobe Acrobat
- Math
- Microsoft Outlook
- Microsoft Word
- Office Experience
- Workers' Compensation Law
- Microsoft Excel
- Underwriting
- Administrative Experience
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.
