What are the responsibilities and job description for the Associate Underwriter - Property position at Core Specialty Insurance Holdings, Inc.?
The Associate Underwriter will work with Underwriters in the Property division to enable them to underwrite accurately and efficiently profitable books of business that also meet annual premium goals.
Key Accountabilities/Deliverables:
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
Key Accountabilities/Deliverables:
- Perform within set timeframes to ensure appropriate response time and customer service for broker partners.
- Assist underwriters with pre-qualifying accounts submitted by broker partners.
- Prepare account assessment document for underwriters to review and negotiate with brokers.
- Communicate with broker teams as needed.
- Conduct post-binding account changes/ transactions with underwriter review and sign off as needed.
- Perform account servicing duties as needed:
- Prepare accounts to be modelled, Draft quotes and binders, Endorsement and Policy review processing and issuance within required timeframe.
- Maintain accurate and timely status of accounts within systems throughout the underwriting life cycle.
- Pursue professional development and training for development of product knowledge, skills for the role and any personal goals set with leader.
- Responsible for effective operation of internal controls and timely closure of Internal Audit and other actions
- Enhance Core Specialty’s reputation in the market.
- In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
- Computer skills – good working knowledge of MS Office, Excel
- Ability to simplify, analyse and explain complex issues.
- Ability to review processes and determine opportunities for improvement.
- Ability to work at both an overview and detailed level.
- Ability to manage time and projects effectively
- Undergraduate/Graduate Degree preferred.
- Prior insurance experience preferred.
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program