Underwriting Assistant – Financial Lines (D&O and Financial Institutions)
 

Key Duties and Responsibilities:

  • Provide broad underwriting support to the underwriting teams.
  • Collaborate closely with Brokers and Clients to ensure all relevant submission and modeling data is provided to initiate the underwriting process.
  • Work closely with Catastrophe Modeling and Actuarial teams for pricing targets.
  • Ensure compliance with underwriting guidelines and company approach.
  • Review and prepare contract wordings to ensure language/clauses and relevant subjectivities are satisfied.
  • Manage the workflow of all deals within the business unit.
  • Manage and maintain electronic filing for all business entries.
  • Process all bound submissions and endorsements in SICS Accounting System.
  • Consult with and assist both Accounting and Claims teams on premium/loss related queries.
  • Assist with both Internal and external audit requests.
  • Collaborate and correspond with internal and external contacts, to achieve a high level of service and meet client expectations
  • Interact directly with various business partners and internal departments such as claims, accounts and legal
  • Meet departmental service standards in place for each process, including underwriting guidelines, file compliance requirements and audits
  • Perform other duties and special projects as assigned under minimal supervision.
  • Train, mentor, and coach new team members within the underwriting unit.

Minimum Qualifications and Experience:

  • Bachelor's degree or equivalent preferred
  • Three to five years of industry experience required
  • Knowledge of insurance policy forms and regulatory requirements preferred
  • Excellent written and verbal communication skills
  • Very strong organizational skill with the ability to effectively handle multiple assignments, prioritize work and meet deadlines in a dynamic and results oriented environment
  • Strong customer service focus with the ability to effectively multi-task with limited direction
  • Strong knowledge of Microsoft Word and Excel.
 
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