Underwriting Assistant

Description

Position Summary: The Underwriting Assistant is responsible for providing administrative support to Underwriting and efficiently and accurately processing mail for the corporation 

Note: This is a hybrid position that requires attendance each Monday and Wednesday at our St. Petersburg, FL office.

Typical Essential Duties

• Reviews insurance applications to assess exposure and determine risk acceptability in line with company guidelines.
• Coordinates the end-to-end process for new and renewal business submissions, including preliminary quoting subject to review and/or approval and scheduling inspections.
• Makes underwriting decisions within delegated authority and prepares files for underwriter review when necessary. Delegated authority includes but is not limited to reviewing a submission against our underwriting guidelines and, when the facts objectively do not require a more advanced underwriting review, communicating a decision. 
• Verifies the completeness and accuracy of information, ensuring all risk factors are properly evaluated.
• Orders and reviews inspection and investigative reports; flags issues and recommends follow-up actions for renewals.
• Collaborates with underwriters and agents to gather missing data and clarify submissions.
• Analyzes business income worksheets, statements of value, and other underwriting documents.
• Maintains organized underwriting files, ensuring data accuracy and compliance with internal procedures.
• Responds to broker inquiries, articulates underwriting decisions made by an underwriter or underwriting executive, and assists in resolving issues as needed.
• Contributes to team knowledge sharing and supports special projects as part of business initiatives.
• Receives, opens, time/date stamps, sorts, and delivers (via traditional delivery or scanning, as appropriate) incoming mail by department and/or employee to ensure timely distribution.
• Collects, weighs, meters, and processes all outgoing mail.
• Performs other duties as required or assigned that are reasonably within the scope of the duties in this job description.

This job description summarizes typical functions of the job and is not an exhaustive or comprehensive list of all possible responsibilities, tasks, and duties related to the position.

Requirements

Requirements and Competencies

• Education/Licensure: Associate degree preferred.      
• Professional Credentials: AIM, AINS, API, AU, or CPCU preferred.
• Experience: At least one (1) year of relevant work experience (experience      in the insurance industry preferred).

An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job may be acceptable in lieu of the Education and Experience requirements listed above.

Skills and Abilities: 

• Demonstrated success in a fast-paced, team-oriented environment.
• Excellent verbal and written communication proficiency.
• Strong interpersonal expertise, including use of tact, patience, courtesy, and collaboration.
• Demonstrable computer application skills including Microsoft Office Suite of programs and the ability to learn various internal and/or proprietary software packages. 
• Microsoft Excel experience: intermediate skill level.
• Effective use of office machinery such as photocopiers, printers, and scanners.

Physical

• Position typically requires reaching, grasping, feeling, talking, hearing, seeing and repetitive motions. 
• Sedentary Work: The duties most often considered Sedentary Work include exerting up to 10 pounds of force occasionally or a negligible amount of force frequently to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most or all of the time.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.