What are the responsibilities and job description for the Underwriting Assistant - Energy Casualty position at Lancashire Insurance Group?
Department: Underwriting Operations
Location: Connecticut
Description
Who We Are
Lancashire Insurance U.S. (LUS) is part of the Lancashire Insurance Group. The group is a provider of global specialty insurance and reinsurance products offering risk transfer solutions to brokers and clients.
Lancashire has operations in London, Bermuda, Australia, and the United States and we are fully focused on establishing long-term and mutually beneficial relationships with our customers.
In the U.S. our focus is on short-tail, specialty (re)insurance risks within the following general segments: Energy Casualty, General Casualty and Excess & Surplus Lines Property.
Our expertise and specialized products are underpinned by our agility and strong corporate culture that ensures we always offer the best possible service.
Lancashire U.S. offers comprehensive cover for US middle market clients. We offer tailored risk solutions on a Primary and Excess basis and distribution is placed through appointed commercial wholesale brokers nationwide.
Purpose & Specific Responsibilities
Purpose
The primary purpose of this role is to provide underwriting and administrative support for assigned accounts. Including but not limited to collecting data, account setup, producing quotes and binders, issuing policies and endorsements to the Energy Casualty team. The Underwriting Assistant will assist Underwriters with day-to-day processing tasks and provide underwriting and administrative support to Underwriters as required.
Specific Responsibilities
Essential Skills & Requirements
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
Straight-talking
We feel empowered to share thoughts and ideas, because everyone’s voice matters.
Collaborative
We work together towards common goals, share knowledge and support each other.
Hard-working
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
Responsible
We focus on achieving tangible results with consistent standards across the Group.
Positive
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.
Location: Connecticut
Description
Who We Are
Lancashire Insurance U.S. (LUS) is part of the Lancashire Insurance Group. The group is a provider of global specialty insurance and reinsurance products offering risk transfer solutions to brokers and clients.
Lancashire has operations in London, Bermuda, Australia, and the United States and we are fully focused on establishing long-term and mutually beneficial relationships with our customers.
In the U.S. our focus is on short-tail, specialty (re)insurance risks within the following general segments: Energy Casualty, General Casualty and Excess & Surplus Lines Property.
Our expertise and specialized products are underpinned by our agility and strong corporate culture that ensures we always offer the best possible service.
Lancashire U.S. offers comprehensive cover for US middle market clients. We offer tailored risk solutions on a Primary and Excess basis and distribution is placed through appointed commercial wholesale brokers nationwide.
Purpose & Specific Responsibilities
Purpose
The primary purpose of this role is to provide underwriting and administrative support for assigned accounts. Including but not limited to collecting data, account setup, producing quotes and binders, issuing policies and endorsements to the Energy Casualty team. The Underwriting Assistant will assist Underwriters with day-to-day processing tasks and provide underwriting and administrative support to Underwriters as required.
Specific Responsibilities
- Working with and supporting the assigned Underwriter to review account submission data and work with broker partners to obtain missing information.
- Working in tandem with Underwriting to confirm policy issuance instructions for quotes, binders, policies, endorsements, notices, etc. and effectively complete coding/issuance.
- Perform data entry and quality control checks of insurance policy information into in-house systems to agreed, defined standards of accuracy and timeliness.
- Generate broker correspondence in electronic format (e-mail) related to transaction processing and informational follow up requests.
- Perform ad hoc operational duties to support the Underwriting teams.
Essential Skills & Requirements
- Insurance industry experience is required (3-5 years minimum of Casualty experience)
- Self-motivated and willing to develop underwriting knowledge and skills.
- Demonstrate high levels of accuracy and have good attention to detail.
- Able to work as part of a team.
- Good communication skills with focus on delivering strong customer service to external clients.
- Degree level qualification.
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
Straight-talking
We feel empowered to share thoughts and ideas, because everyone’s voice matters.
Collaborative
We work together towards common goals, share knowledge and support each other.
Hard-working
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
Responsible
We focus on achieving tangible results with consistent standards across the Group.
Positive
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.