Underwriting Assistant
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Job Location:
High Point, NC - USA
Monthly Salary:
Not Disclosed
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
Company Details
With over 35 years of proven expertise in the workers compensation industry Key Risk delivers innovative and responsive solutions that provide our clients the freedom to do what they do best. Offering guaranteed cost options to employers nationwide Key Risk focuses on delivering products and services within specialized verticals to reduce workers compensation exposures and deliver industry-leading results.
All products and services are distributed through appointed insurance agents and brokers. Key Risk is a member company of W. R. Berkley Corporation whose insurance company subsidiaries are rated A (Superior) Financial Size Category XV by A.M. Best Company and A (Strong) by S&P.
For further information about Key Risk please visit
The company is an equal opportunity employer.
Responsibilities
The Underwriter Assistant will be responsible for providing Underwriters with the information necessary to make prudent underwriting decisions and to support the underwriting life cycle from pre-submission through policy issuance and renewal.
Key functions include but are not limited to the following:
- Triage incoming submissions for Underwriting review and provide instructions for entry into policy administration system
- Collect data review analyze and rate new and renewal business to prepare files for Underwriter review
- Proficiently navigate and perform transactions in the policy administration system and other systems and tools used in the underwriting process
- Issue policies in policy administration system according to Underwriter instructions and within time service standards
- Review policies to ensure they are issued accurately based upon the terms and conditions outlined by the Underwriter and producer
- Review and produce endorsements within authority or based on Underwriter instructions
- Request and review supplemental applications for workers compensation insurance and highlight areas of concern for Underwriter review
- Interpret and analyze underwriting manuals/guidelines rating manuals forms and workflows workers compensation insurance
- Maintain knowledge of technical underwriting process and/or research information if needed; participate in ongoing training as necessary
- Handle various requests and/or inquiries from agents brokers and/or underwriters through phone in person and written correspondence
- Responsiveness on service requests from clients
- Assist the Underwriter in maintaining productive and effective relationships with assigned agency partners including occasional visits to agency locations
- Order various underwriting reports to compile data for the Underwriters
- Inform Underwriters of any underwriting or agency issues immediately
- Perform administrative duties for the department including writing reports and business correspondence
- Participate in various projects to drive innovation and continuous improvement for our company and clients
Qualifications
- BA/BS Degree preferred
- Self-motivated and results oriented
- Capable of working with internal and external teams and partners
- Superior customer experience skills
- Excellent vendor management skills
- Positive attitude and professional demeanor
- Demonstrated ability to meet deadlines determine priorities and adapt to changing priorities as needed
- Strong computer skills including Excel and Outlook and the ability to master multiple policy and underwriting systems and resources
Additional Company Details
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:
Junior IC
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.
