Underwriting Assistant
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Hybrid
Location: Philadelphia • New York • Pennsylvania • United States
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Salary
💰 $61,500 - $79,900 per year
About the role
- The primary focus of the Underwriting Assistant will be on the support functions to a team of underwriters including the processing of endorsements, binders and billing transactions; the gathering and qualifying of underwriting data from our brokers.
- The Underwriting Assistant is responsible for contributing to the profitability and revenue goals of the department through individual account underwriting support.
- Duties include assisting the underwriter in the evaluation, pricing and underwriting of individual accounts and providing customer servicing of our accounts through processing transactions.
- Review submissions, obtain pertinent underwriting information in order to enable the underwriter to accurately identify and assess risk hazards and exposures
- Complete other underwriting account support tasks with minimal supervision as per company guidelines
- Adhere to all service standards by completing transactional underwriting duties in a timely and accurate fashion including: preparation of proposals and binders; issuance of policies and endorsements; processing of reinsurance transactions; and completion of account transactions as required
- Respond promptly to all internal and external customer requests with detailed file documentation for all discussions and decisions.
- Perform special projects as assigned under minimal supervision.
Requirements
- High School diploma/GED;
- 2 Years of experience in the Construction area preferred
- Very strong organizational skill with the ability to effectively handle multiple assignments, prioritize work and meet deadlines in a dynamic and results oriented environment
- Ability to work independently as a member of a team
- Highly motivated proactive approach to job responsibilities
- Knowledge and working understanding of business and financial concepts
- Solid math and analytical skills
- Ability to work in a detail oriented environment where accuracy is critically important
- Excellent written and verbal communications skills
- Strong customer service focus with the ability to effectively multi-task with limited direction
- Highly proficient in Microsoft Excel, Word, Outlook, and PowerPoint.
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- a competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
- and more.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
underwritingdata gatheringrisk assessmentpricingaccount supporttransaction processingpolicy issuancereinsurance transactionsmath skillsanalytical skills
Soft Skills
organizational skillsability to prioritizeindependent workteam collaborationproactive approachattention to detailwritten communicationverbal communicationcustomer service focusmulti-tasking
Certifications
High School diplomaGED