Underwriting Assistant - job 1 of 3

Company Details

 

 

At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.

 

Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.

 

At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized!

 

 

The Company is an equal employment opportunity employer.

 

https://www.verusins.com/

Responsibilities

We are seeking an Underwriting Assistant that will support our Excess & Surplus lines book of general/excess liability, garage and professional liability business. The Underwriting Assistant (UA) will be responsible for providing Underwriters with technical and clerical support with the information necessary to make prudent underwriting decisions on new business, renewals and endorsements. The UA will support the underwriting life cycle from pre- submission through policy issuance and renewal.

 

• Identifying key issues in the decision-making process with the guidance from the underwriter.
• Identifying and use of appropriate resources that assist in the analytical process; this includes making formal recommendations to underwriters on account management needs.
• Ability to identify and evaluate exposures for each risk.
• Perform analysis utilizing appropriate information to consider endorsement/account acceptability.
• Issuance of premium and non-premium bearing endorsements.
• Demonstrates adherence to guidelines which include, Underwriting Guidelines and Service Level Agreements.
• Ability to follow-up with underwriters and brokers on outstanding information.
• Supports day-to-day transactions that support multiple underwriting team members and customers/agency partners.
• Develop, maintain and nurture positive working relationships with underwriters, customers, and other business partners to provide an enhanced customer experience (i.e., researches and resolves issues, responds to inquiries and questions).
• Display a strong sense of urgency, recognizing customer needs.
• Ability to apply judgement and present negotiation on more complex accounts and processes.
• Quotes accounts within authority limits by reviewing exposures and experience rating, updating account information, rates and adjusts the price.
• Examines inspection reports, prior audits, and endorsements, and refer any issues to underwriters.
• Ability to effectively manage and balance multiple demands.

Qualifications

• High school diploma or equivalent; college course work or degree preferred.
• Experience with Professional Liability or Commercial Casualty coverages is a plus.
• Strong oral/written communication skills, displaying a positive attitude.
• Ability to provide written referrals where thought process is well documented and easily interpreted by others.
• Detail-oriented with initiative and ability to work in fast-paced team environment.
• A strong focus and passion for delivering exceptional customer service.
• Excellent communication and interpersonal skills.
• Ability to work independently as well as part of a team.
• High sense of urgency and ability to function well in a high-volume and time sensitive environment.
• Computer literate including use of Word, Excel and various project management tools.
• Flexible and open to change and enhancements to help evolving in a competitive market.
• Adaptive to adjusting priorities and/or work on multiple tasks.
• Strong sense of ownership and accountability as a result of being highly motivated.
• Some market experience preferred, but not required.

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Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role