Underwriting Assistant
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Berkley
Philadelphia, PA, US
Summary
The Underwriting Assistant supports underwriters with the administration of quoting, rating, and issuing new business, renewals, and endorsements. They are also responsible for maintaining organized electronic files, processing audits, and managing administrative tasks such as document scanning and data entry.
Job Description
Company Details
W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis. We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers’ compensation, along with claim services, providing expertise to meet the unique business needs of our customers.
Responsibilities
Underwriting Assistant employees will be responsible to assist and support underwriters with the administration of quoting, rating and issuance of new business, quotes, renewals and endorsements.
- Policy rating (all states, multi-line).
- Obtain necessary information from Underwriters to complete tasks as needed.
- Work within established guidelines for processing quotes and issuing policies in our policy issuance system.
- Misc admin duties such as scanning documents, pulling posting notices and Proof of Coverage (POC) entry.
- Responsible for the administration of policy issuance from quote through issuance.
- Ensure that endorsements and policies are processed accurately and remitted back to the broker timely.
- Clear accounts in Underwriting System.
- Ensure electronic files are organized and setup for reviewing.
- Solicit renewal applications from the broker.
- Respond to Bureau Crits as necessary.
- Pull from the system or from other sources Loss runs and MVR’s as necessary.
- Process Audits.
- Other Underwriting Assistant duties as deemed by the Environmental Regional VP.
Qualifications
- At least 1-2 years commercial insurance experience working in an insurance environment.
- Working knowledge of insurance and policy issuance systems.
- Multi-line rating experience preferred.
- Demonstrated ability in MS Office (i.e. Word, Excel).
- Experience working in a paperless environment.
Education
- High School Graduate
Additional Company Details
The Company is an equal employment opportunity employer. We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Base Salary Range: $42k -$78k • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans 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.
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is one of America’s largest commercial lines property & casualty insurance providers, operating worldwide within two segments of the P&C insurance business: Insurance and Reinsurance & Monoline Excess. Each Berkley business offers expertise within an industry, product, or region.
Founded
1967
Company size
5,001-10,000 employees
Industry
Insurance
Org type
Public Company
Headquarters
Greenwich, CT
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is one of America’s largest commercial lines property & casualty insurance providers, operating worldwide within two segments of the P&C insurance business: Insurance and Reinsurance & Monoline Excess. Each Berkley business offers expertise within an industry, product, or region.
Founded
1967
Company size
5,001-10,000 employees
Industry
Insurance
Org type
Public Company
Headquarters
Greenwich, CT