Berkley

  • Assistant Underwriter

    Location Name AR, Little Rock
    ID
    2018-2126
    Date Posted
    1 week ago(11/30/2018 4:27 PM)
    Company
    Union Standard Ins. Group
    Primary Location
    US-AR-Little Rock
    Category
    Underwriting
  • Company Details

    Union Standard Insurance Group is a regional property and casualty insurance company offering commercial products and services for small and middle market business through a select group of independent agents. With offices in Arizona, Arkansas, New Mexico, Oklahoma, and Texas, we maintain a strong local presence in each of our markets, keeping underwriting and support close to our customers.

     

    We are a member company of W.R. Berkley Corporation, an insurance holding company founded in 1967, which is one of the premier commercial lines property casualty insurance providers, operating in three segments of the property casualty insurance business: Insurance-Domestic, Insurance-International and Reinsurance-Global.

    Responsibilities

    The Assistant Underwriter will own and manage administrative and support details necessary to ensure the accurate and timely processing of endorsements, new business, and renewals. Contribute to company profit objectives by making decisions regarding new business / renewal acceptability and changes to policies according to assigned authority.  Responsibilities include but are not limited to:

     

    • Assist underwriters and peers in tasks necessary to help the team meet service standards.  Take ownership of assigned tasks with a goal of a single touch.  Resolve questions or problems in the most efficient and effective way possible. 
    • Use and support on-line rating of new business.  Approve or reject new business rules, as provided by assigned authority.
    • Set up new business files with underwriting guide hazard grades, loss indication, driver and loss information, building age, square footage, thoughts on new business rules, etc.  Request missing information and set suspense for receipt.  Issue per service standards.
    • Provide rush quoting, when needed.
    • Communicate and interact with agents.  Be the first point of contact on service issues, billing questions, etc.  Assist with questions about appetite.  Provide problem resolution.
    • Review and request issuance of renewals, subject to authority levels.   Refer renewals over assigned authority.   Push as many renewals as possible / eligible into the computer renewal process.
    • Keep informed of loss, growth, and appetite changes.  Participate in underwriting meetings.  Make underwriting decisions that follow current guidelines and help meet team goals.
    • Request updated drivers list per guidelines.  Send driver lists to clerks to order MVRs.  Handle drivers with violations when in the assigned authority or refer.
    • Check Gauge for CAT Mitigation.
    • Order Experian and run insurance-to-value reports as requested by the Underwriter.
    • Order a current application per guidelines.
    • Order Loss Control surveys.
    • Help underwriters with requesting filings.
    • Combine transactions in file such as loss information that is scanned separately from the application.  Merge client-ids when duplicates exist.
    • Review renewal applications and make appropriate changes.
    • Review premium audit changes and request updates to exposures, as directed.
    • Review all incoming correspondence and handle a much as possible before passing up to the Underwriter. Answer questions from the USD.
    • Coordinate workflow to ensure service standards are met.
    • Handle endorsements within authority when returned from the USD.

    Qualifications

    Our ideal candidate will have the following:

    High School Diploma or General Education Degree (GED).

    Experience as a commercial lines technician preferred.

    Show aptitude to train others and perform template-underwriting functions.

    Underwriting judgement experience needed.

     

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