Underwriting Assistant

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Select, price, and develop coverage terms for small commercial lines accounts to achieve profitable underwriting outcomes while providing leadership, support, and coaching for the underwriting function.

• Assess new business applications to determine the level of risk involved.

• Make decisions to accept or decline risks based on the company's underwriting guidelines.

• Verify applications for completeness.

• Communicate with agents to obtain missing or incomplete information.

• Utilize sound underwriting judgment and technical expertise, along with ongoing personal development, to align with the company's objectives for quality and timeliness.

• Support the data entry unit in processing new business, renewals, policy modifications, and other related transactions.

• Clarify insurance coverages for agents and policyholders; respond to phone inquiries from agents and insureds regarding coverages and pricing.

• Foster and maintain strong relationships with agents and effectively communicate underwriting decisions to both agents and insureds.

• Review renewal policy information to assess appropriate pricing based on exposure; determine renewal eligibility based on company criteria.

• Review and approve all submitted policy changes.

• Collaborate with other functions or departments to improve and develop existing products to streamline the underwriting process.

⛳️ Requirements

• A Bachelor’s Degree is preferred, ideally with a background in insurance or equivalent experience.

• One (1) to Three (3) years of commercial experience in a company or agency setting is preferred.

• Commercial Technical Assistants with a minimum of 2 years of experience will also be considered.

• Evidence of self-development through the attainment of professional insurance designations such as CLCS, AU, CPCU, ARM, etc.

🏝️ Benefits

• Medical, Dental, and Vision Coverage: Available for you and your dependents, starting the first of the month following your start date.

• 401(k) plan with the first 3% matched at 100%, and the next 6% matched at 50%.

• Paid Time Off: Includes paid vacation, sick days, paid holidays, and bereavement leave.

• Career Development: Opportunities include college partnership discounts and reimbursement for industry designations.

• Additional benefits consist of company-paid basic life insurance, short- and long-term disability insurance, an employee stock purchase plan, and an employee assistance program (EAP).