Underwriting Assistant

Location
Oakbrook Terrace, Illinois
Salary
Not Specified
Posted
Feb 07, 2024
Closes
Apr 07, 2024
Ref
R24_0000000087#GIJ-BrownBrown.1
Category
Underwriting
Job Type
Not Specified
Career Level
Not Specified
Workplace
In-Office

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Bridge Specialty Group, seeks an Underwriting Assistant to join our team.

The Underwriting Assistant supports the Binding Authority Underwriters by reviewing applications, inspections, and other pertinent information to evaluate, classify, and rate individuals and/or groups for insurance.

WHO YOU ARE:

You believe in working as a team and thrive in fun, collaborative environments. You have a client-focused attitude and value the importance of relationships, professionalism, and trust. You set goals high and aim higher. You have solid communication skills. You are detail oriented and organized. You enjoy learning new skills, systems, processes, and procedures. You are a great listener and are not afraid to ask questions. You believe that learning is vital to success.

WHAT YOU WILL DO:

  • Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property.

  • Reviews company records to determine amount of insurance in force on a single risk or group of closely related risks, and evaluates possibility of losses due to catastrophe or excessive insurance.

  • Work with Binding Authority Underwriters when underwriting new and renewal risks, ensuring that all required information is obtained, proper applications are complete, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings where applicable are made, and taxes are paid according to appropriate state laws.

  • Issue and/or re-issue certificates of insurance.

  • Frequently coordinate and correspond with other internal and external departments via phone, mail and email to respond to questions, investigate and resolve issues, and follow up on outstanding items.

  • Assist in the training of other personnel as directed, not limited to instructing and training processors and assistants, review indications, quotes, binders, submissions, and policies for completeness and accuracy.

  • Ensure all correspondence and requests are documents and attached to the appropriate file in the appropriate system(s).

WHAT YOU WILL NEED:

  • Minimum education required High School Diploma or GED.

  • Proficient with MS Office Suite

  • Exceptional telephone demeanor

  • Ability to maintain a high level of confidentiality.

  • 1 – 2 years' experience in a similar position

Preferred

  • Associate's or Bachelor's degree in an insurance or accounting related discipline.

  • Working towards or holds valid P&C license.

WHAT WE OFFER:

• Excellent growth and advancement opportunities

• Competitive pay based on experience

• Paid Time Off (PTO)

• Generous benefits package: health, dental, vision, 401(k), etc.

  • Employee Stock Purchase Plan

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.