Underwriting Assistant - Hybrid
Crum & Forster is a well-established insurance company providing specialty and standard commercial lines insurance products. They are seeking an Underwriting Assistant to support underwriting processes, communicate with agents and internal departments, and ensure the efficient booking of policies and endorsements.
Responsibilities
- Using and booking of policies and endorsements within all department standards
- Performing all pre-quote work required by underwriting
- Supporting various underwriting processes, including communication with agents and internal departments
- Working side by side with Underwriters to maintain growth and profitability
- Issuing & Booking policies in WINS/Duck Creek within department standards
- Issuing & Booking various endorsements in WINS/Duck Creek
- Completing Fac Cession Slips (Reinsurance)
- Calculating RP/AP transactions based on account rate/underwriting instructions
- Determining pro-rate/short rate factors
- Performing all pre-quote work requested by the UW
- Running Risk Browser Modeling
- Ordering Inspections
- Following up with brokers for outstanding requirements
- Managing Tasks that are assigned in a date/time order
- Issuing notices (Non-Renewal, Cancellations and Reinstatements)
- Ordering Loss Runs when requested
Skills
- 1-2 Years of Insurance Company Operations
- Strong Communications and Organizational skills, being able to multi-task
- Proficient in various Microsoft software applications, such as Excel and Word
- Be able to work independently as well as a part of a team
- Detailed Oriented
- Experience with Outlook, Excel, Word, Image Right, Duck Creek and WINS is a plus
- Issue & Book policies in WINS/Duck Creek within department standards
- Issue & Book various endorsements in WINS/Duck Creek
- Complete Fac Cession Slips (Reinsurance)
- Calculate RP/AP transactions based on account rate/underwriting instructions (AP=Additional Premium/RP=Return Premium)
- Determine pro-rate/short rate factors (method of calculating premiums on a short term basis rather than Annual)
- Perform all pre-quote work requested by the UW i.e. Risk Meter, ISO, Property Shark, Experian, Web Research, Mapping, etc
- Run Risk Browser Modeling – helps determine pricing and exposure when there is a catastrophe insurance involved – Hurricane, Flood, Earthquake
- Order Inspections
- Follow up with brokers for outstanding requirements
- Managing Tasks that are assigned in a date/time order
- Issue notices (Non-Renewal, Cancellations and Reinstatements in accordance with underwriting and statutory laws)
- Order Loss Runs when requested
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.
- 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
Company Overview
Company H1B Sponsorship