What are the responsibilities and job description for the Underwriting Assistant position at Richmond National?
Job Title: Underwriting Assistant
Location: On-site in Glen Allen, VA 23060
Summary
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.
Duties And Responsibilities
Richmond National is an equal employment opportunity employer, the Company’s employment decisions and practices are not and will not be unlawfully influenced or affected by race, color, creed, age, religion, national origin, sex, disability, genetic information, veteran status, uniformed services, sexual orientation (including transgender status, gender identity or expression), gender, traits historically associated with race, such as hairstyle, pregnancy, childbirth, or related medical conditions or on any other characteristic protected by applicable federal, state, or local law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, benefits, and all other terms and conditions of employment.
Location: On-site in Glen Allen, VA 23060
Summary
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.
Duties And Responsibilities
- Supports day-to-day transactions that support multiple underwriting team members and customers/agency partners.
- 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.
- 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).
- Ability to apply judgement and present negotiation on more complex accounts and processes.
- Examines inspection reports, prior audits, and endorsements, and refer any issues to underwriters.
- Ability to effectively manage and balance multiple demands.
- High school diploma or equivalent; college course work or degree preferred.
- Detail-oriented with initiative and ability to work in fast-paced team environment.
- 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, Outlook, and various project management tools.
- Flexible and open to change and enhancements to help evolve in a competitive market.
- Strong sense of ownership and accountability as a result of being highly motivated.
- Experience with excess and surplus lines insurance is a plus.
- Medical, Dental, and Vision insurance plans. FSA/HSA plans available.
- Basic Life/AD&D/Short Term/Long Term Disability coverage.
- 401(k) - Company match of up to 6%
- Flexible PTO plan, 11 paid company-wide holidays, plus your birthday off.
- Recognized as a Top Workplace by Richmond Times-Dispatch
Richmond National is an equal employment opportunity employer, the Company’s employment decisions and practices are not and will not be unlawfully influenced or affected by race, color, creed, age, religion, national origin, sex, disability, genetic information, veteran status, uniformed services, sexual orientation (including transgender status, gender identity or expression), gender, traits historically associated with race, such as hairstyle, pregnancy, childbirth, or related medical conditions or on any other characteristic protected by applicable federal, state, or local law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, benefits, and all other terms and conditions of employment.