Berkley

Underwriting Assistant

Location Name VA, Glen Allen - 4820 Lake Brook - Suite 200
ID
2020-4370
Date Posted
4 months ago(11/10/2020 1:23 PM)
Company
Verus Underwriting Mgrs
Primary Location
US-VA-Glen Allen
Category
Underwriting

Company Details

Verus_Logo

 

 

Verus Underwriting Managers is an Excess and Surplus Lines provider writing business countrywide. Verus Underwriting Managers operates through a group of wholesale producers nationwide. Additionally, our policyholders can be reassured that their insurance investment is sound, as we are backed by the resources of a Fortune 500 company, W. R. Berkley Corporation. Successful candidates will exhibit strategic thinking, creativity, and pragmatic execution to drive results.

Responsibilities

We are seeking an Underwriting Assistant that will support our Excess & Surplus lines book of general/excess liability, garage and professional liability business. 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.

 

Key roles/responsibilities include:

  • Identifying key issues in the decision making process with the guidance from the underwriter
  • 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
  • Ability to follow-up with underwriters and brokers on outstanding information
  • Supports day-to-day transactions that support multiple underwriting team members and customers/agency partners
  • 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)
  • Display a strong sense of urgency, recognizing customer needs
  • Ability to apply judgement and present negotiation on more complex accounts and processes
  • Quotes accounts within authority limits by reviewing exposures and experience rating, updating account information, rates and adjusts the price
  • Examines inspection reports, prior audits, and endorsements, and refer any issues to underwriters
  • Ability to effectively manage and balance multiple demands

Qualifications

Verus operates in a fast-paced environment that requires the ability to manage multiple, complex assignments and competing priorities. Candidates must be comfortable working in an ambiguous and dynamic environment.

  • High school diploma or equivalent; college course work or degree preferred
  • Experience with Professional Liability or Commercial Casualty coverages is a plus
  • Strong oral/written communication skills, displaying a positive attitude
  • Ability to provide written referrals where thought process is well documented and easily interpreted by others
  • Detail-oriented with initiative and ability to work in fast-paced team environment
  • A strong focus and passion for delivering exceptional customer service
  • Excellent communication and interpersonal skills
  • 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 and various project management tools
  • Flexible and open to change and enhancements to help evolving in a competitive market
  • Adaptive to adjusting priorities and/or work on multiple tasks
  • Strong sense of ownership and accountability as a result of being highly motivated
  • Some market experience preferred, but not required

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