Insurance company located in Richmond, VA is seeking a temp to hire Assistant Underwriter – in office.
Skills needed:
- Ability to multitask with exceptional organizational and prioritization skills
- Show a sense of urgency/ time sensitivity
- Time management skill ability to fully execute and complete a task with accuracy
- Strong work ethic
- Good attention to detail
- An ability to establish, maintain and update files
- Ability to analyze data/ identify discrepancies / solve problems
- Track workflow / Follow up on action items
- Knowledge of excel
- Displays a willingness to learn and adhere to established workflows/procedures
- Demonstrate Initiative (take charge, assess the task and initiate the process)
- Communication skills (with the underwriters, brokers)
Tasks in this position:
- Submission – clear new submissions and set-up file
- read through the submission, enter data, assign UW, clear through Agent Portal, enter on Excel tracking sheet, understand data that is needed
- Communication with UW when they are going to be out of the office, knowing their backup and holding off on assigning submission between which effective dates.(not assigning a rush submission when they will be out)
- Policy Review
- Track life cycle of the policy from binding to issuance
- Review Document Management Sysytem for subjectivities received/missing / follow up for needed subjectivities
- Communicate with UW on needed information
- Policy Generation, Identify forms and endorsements used in policy construction
- Enter missing information in Risk Detail
- Policy Issuance
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- Perform final review of policy (ensure policy is ready to be issued)
- Generate Policy and Company Policy
- Issue policy to broker
- Issue Company policy to Carrier
- Update Excel as policy issued
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- Endorsements
- Take direction from the UW and be able to enter endorsement data into risk detail and process and generate endorsement.
- Send endorsement to UW for review (if needed make corrections)
- Understand what documentation is needed per endorsement request, check that we have it, communicate with the UW before issuing the endorsement
- Sent Endorsement to Joe for final review (once approved by UW)
- Money endorsements enter into excel
- Invoice endorsement
- Send Endorsement to Broker
- Send Endorsement to Carrier
