Berkley

Senior Underwriting Assistant

Location Name NY, Albany - 20 Corporate Woods Boulevard
ID
2022-7311
Date Posted
1 month ago(5/20/2022 2:53 PM)
Company
Acadia Insurance
Primary Location
US-NY-Albany
Category
Underwriting

Company Details

Acadia Image

 

 

Acadia Insurance is a regional property casualty insurer with offices throughout the Northeast.  As a member of W.R. Berkley Corporation (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States, our financial strength and integrity are two of the main reasons why Independent Agents place business with us.  Acadia is rated A+ (Superior) by A.M. Best, with an A+ claim paying ability rating by Standard & Poor’s. 

 

At Acadia, we value our employees, our customers and our communities.  Employees at Acadia are part of a progressive company where everyone can make a difference.  We promote an inclusive environment which encourages continuous learning and the chance to grow and develop. 

Responsibilities

Provide technical assistance to underwriters with analysis and evaluation of underwriting information, and assist the department in maintaining workflow standards.

 

  • Adhere to written authority level when executing new and renewal business and refer items that exceed authority.
  • Provide assistance to each underwriter in the team by analyzing and prequalifying submissions for new and renewal business; completing loss analysis and workers compensation analysis; verifying D&B rating; scheduling quotes; experience rating auto and GL; requesting surveys and reports from various agencies. Determine appropriate classification codes for property and GL and update systems.
  • Classify vehicles as appropriate, verify cost new, evaluate MVRs and review driver profiles.
  • Review all file information and determine renewal pricing - refer account to director if outside of authority level. Perform pricing analysis including risk price testing on large accounts.
  • Process endorsement requests, audits, statements of value, workers compensation and experience modification worksheets.
  • Create and update the appropriate underwriting documents and worksheets
  • Prepare policies and endorsements for processing and issuance.
  • Research and review data such as insurance-to-value information, audits, tax information, etc.
  • Prepare new and renewal business for rating and issuance.
  • Complete dividend retention calculations.
  • Communicate with agents to follow up on needed information.
  • Provide high level of customer service and maintain workflow within Acadia

 

Senior Underwriting Assistant:

In addition to the above, Senior Underwriting Assistants should have three or more years of experience and will have the following additional responsibilities:

 

  • Manage the most complex accounts with increased production goals and highest authority level.
  • Act as a resource for others in the department and provide direction to underwriters and support staff as needed.
  • Train or assist in training others as necessary. Help co-workers improve their skills by sharing knowledge.

Qualifications

Associate's degree from two-year college or technical school and six months to one year related experience; or equivalent combination of education and experience.

 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.  Ability to write routine reports and correspondence.  Ability to speak effectively before groups of customers or employees of organization.  Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.  Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.  Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.  Ability to deal with problems involving several concrete variables in standardized situations.

 

Must be fully vaccinated and remain fully vaccinated against COVID-19 unless prohibited by law. * 

The Company is an equal employment opportunity employer. 

 

     *Per the CDC, fully vaccinated means at least 2 weeks after (1) a second dose in a 2-dose series, or (2) a single-dose vaccine, and this status and definition applies to COVID-19 vaccines currently authorized for emergency use or approved by the U.S. Food and Drug Administration.

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