Underwriting Assistant
Arch Capital Group
- Cortland, NY
- $45,000-50,000 per year
- Permanent
- Full-time
- Maintain familiarity with state insurance regulations, critical thinking as it pertains to perils and exposures of a risk, program underwriting guidelines and filings, and ISO rules for all states within the underwriting territory.
- Entry of rating while targeting premiums required for all lines of business.
- Rate renewal business 90-120 days prior to expiration date based on program guidelines.
- Prepare and rate new business submissions as directed by Underwriter.
- Prepare reports for underwriting including, but not limited to, coversheets, building valuations, flood zone determinations, specific rating and specific peril reports by location.
- Set up policies for issuance 30 days prior to effective date – including, but not limited to filing paperwork, selecting proper forms and making pre-bind changes if necessary.
- Provide support for other Underwriting Assistants including, but not limited to making sound rating decisions and being a back up to a fellow associates when they are out of the office.
- Complete additional consumer requests such as binders, premium breakdowns, and filing documents.
- Assist the Underwriter in building relationships and keeping open communications within the Underwriting Department, other departments within McNeil and Company, and occasionally any external customers.
- Assist the Underwriter in mentoring the Commercial Lines Policy Analyst.
- Other duties as assigned.
- High School diploma required. College Education & or General Insurance Classes preferred.
- Three years commercial lines insurance experience preferred.
- Strong analytical & interpersonal skills with attention to detail.
- Ability to work independently and carry out assignments to completion.
- Manage competing priorities and maintain required production levels.
- Organization and decision making skills needed.
- Comply with accepted underwriting practices and underwriting.
- Meet expectations for attendance and punctuality.
- Excellent oral and written communication skills.
- Computer experience in a windows-based environment required