Underwriting Assistant
Crum & Forster
full-time
Posted on:
Location Type: Remote
Location: New Jersey • United States
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Salary
💰 $36,000 - $67,800 per year
About the role
- Provide underwriting with pre-quote transaction support, including but not limited to: Validate data entry into underwriting workbooks and systems, such as auto classification, GL classification, schedule of underlying, and losses.
- Assist in the verification of proper documentation regarding coverage and limits prior to completing transactions.
- Communicate, as needed, with customers to obtain information required to complete transactions.
- Assume responsibility for completion of the transaction after underwriting binds an account, including but not limited to: Utilize various internal systems to complete policy drafting, verify data accuracy of drafted policy, set-up within our internal electronic document management system, and follow-up for underwriter approval for accounts outside authority.
- Issue/mail approved Policies.
- Complete booking of premium within appropriate system, and confirm premium posted properly.
- Perform review of underlying policies, report policy data to third party reporting agencies such as the Departments of Motor Vehicles, and resolve criticisms from those reporting agencies in a timely manner.
- Process post-bind transactions, including endorsements, cancellations, and reinstatements.
- Contribute to the Crum & Forster team environment and continuous improvement philosophy: Communicate and collaborate with other departments within the corporation to answer policy questions, resolve issues, and identify ways to streamline processes.
- Work with system support to test releases when the verification of successful programming involves a review of the production environment.
- Assist with special projects, upon request.
Requirements
- High school diploma and 3+ years of relevant experience.
- Knowledge of insurance processes and procedures with emphasis on surplus lines of business preferred.
- Exceptional attention to detail, organizational skills and ability to take initiative.
- Solid computer skills including Word, Excel: E-mail & Internet Based Technology
- Ability to work in a fast paced environment and move quickly from one project to another.
- Additionally, the successful candidate will be highly motivated with a positive outlook, possess a service mentality, and have the ability to multi-task in a fast paced environment.
Benefits
- Competitive compensation package
- Generous 401K employer match
- Employee Stock Purchase plan with employer matching
- Generous Paid Time Off
- Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
- A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
- A dynamic, ambitious, fun and exciting work environment
- We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
data entrypolicy draftingpremium bookingtransaction processingendorsementscancellationsreinstatementsdocumentation verificationdata accuracy verificationinsurance processes
Soft Skills
attention to detailorganizational skillsinitiativecommunicationcollaborationservice mentalitymulti-taskingmotivationproblem-solvingadaptability