Assistant Underwriter - Commercial P&C

SUMMARY

Responsible for assisting Underwriters in reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Brokers and Account Managers as needed. Works with Underwriters and markets to obtain quotes, negotiate pricing, define coverages, and determine taxes, fees & commissions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

* Reviews policies, contracts and/or programs to identify errors and omissions and discrepancies to insure agreement with application, quote, proposal, and/or binder;

* Assists in Underwriting risks, suggesting rates and premiums based on coverage and performs demographic analysis for new and/or renewal business;

* Coordinates the preparation of policy delivery with all related documents;

* Assists in Underwriting a book of new and renewal business;

* Communicates with markets to ascertain all necessary documentation for new and renewal business;

* Participates in Meetings with brokers, underwriters, account executives and carrier representatives;

* Assists in preparing Renewal Specifications as required by Management;

* Services Account Manager calls, researches & collaborates with underwriters to answer questions; regarding client coverage, limits and deductibles;

* Maintains files for submissions, and written/lost business;

* Maintains client suspense; conducts follow-ups as appropriate;

* Assists Account Managers to resolve complex issues;

* Computes rates and premiums for policies, compiles appropriate declarations, coverage forms, national/local forms, and optional endorsements to complete a policy in accordance with underwriting guidelines;

* Assists in the issuance of appropriate documents and assembling of policies;

* Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);

* Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

Bachelor's degree or equivalent combination of education and experience

Three (3) or more years related work experience; experience in insurance industry preferred

Requires a valid insurance license; must continue to meet requirements for license renewal

Requires a valid driver's license

SKILLS

Excellent verbal and written communication skills

Good customer service skills, including telephone and listening skills

Ability to perform complex mathematical functions

Good problem solving and time management skills

Ability to work within a team and to foster teamwork

Good planning, organizational and prioritization skills

Proficient in Microsoft Office products

#LI-DR1

• Yardley, PA 19067, USA