40 Underwriting Assistant Jobs in Chicago, IL
Brown & Riding Insurance Services, Inc is Hiring an Underwriting Assistant Near Chicago, IL
Position Summary:
Manage assigned accounts written within Underwriting & Select Accounts. Assisting with the Underwriting and processing of new and renewal business written within the scope of the Underwriting Department. Job duties include servicing active and expired policy files, and developing and fostering profitable relationships with clients, internal and external, in accordance with established Brown & Riding values, goals, and procedures.
Essential Functions:
- Meet quality measurement goals by delivering high quality service in. Through the submission process, help the Underwriter meet and exceed client expectations by clearly defining and managing client coverage goals, priorities, and overall expectations (utilize Pre-Qualification Checklist on every submission). Assist the Underwriter with policy issuance for all represented carriers, maintain policy register, perform inspection processing, manage certificates of insurance for all carriers, manage bind request (internally and externally), endorsement processing including notice of cancellation, loss runs, claims and audits. Identify and correct inconsistencies or errors in relevant documents and promptly correct/clarify same with the client and/or broker. Assist Underwriter in soliciting timely and substantive responses to submissions and effectively negotiate pricing and terms from referral carrier Underwriters.
- Meet quality measurement goals by delivering high quality service in servicing assigned clients and accounts. Oversee all ongoing file activity including assuring overall quality, timeliness, and accuracy of policies, endorsements, and all other active and dead file correspondence and documentation. Above all, ensure that the policy delivered to client is what was promised by Brown & Riding.
- Develop and maintain strong market and client relationships.
Specific Duties
- Market and Quote accounts as directed by the Underwriter
- Field phone calls and questions on applications
- Handle all mail including, but not limited to endorsements, requests for loss runs, certificates, requests from the company, etc.
- Handle underwriting subjectivities, and direct to the appropriate PA.
- Ensure all renewals are sent out and presented to the retailers as directed by the Underwriter. Suspense appropriate renewal information.
- Update our agency management system
- Track monthly numbers
- Work closely with assigned Underwriter in identifying other projects where skills, experience, and knowledge can be utilized.
Job Summary
Full Time
$64k-83k (estimate)
03/24/2024
06/29/2024
The job skills required for Underwriting Assistant include Underwriting, Service Quality, etc. Having related job skills and expertise will give you an advantage when applying to be an Underwriting Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Underwriting Assistant. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Underwriting Assistant positions, which can be used as a reference in future career path planning. As an Underwriting Assistant, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Underwriting Assistant. You can explore the career advancement for an Underwriting Assistant below and select your interested title to get hiring information.
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