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Underwriting Assistant

Core Specialty Insurance Holdings, Inc.
Posted a month ago, valid for 13 days
Location

Long Beach, NY, US

Salary

$58,000 - $62,000 per year

Contract type

Full Time

By applying, a Core Specialty Insurance Holdings, Inc. account will be created for you. Core Specialty Insurance Holdings, Inc.'s Privacy Policy and Terms & Conditions will apply.

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Sonic Summary

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  • A multi-state commercial insurance carrier is looking for an Underwriting Assistant in their Long Beach, NY location for the Passenger Transportation Division.
  • The role involves supporting underwriters in assessing the acceptability and profitability of new and existing business while preparing necessary underwriting exhibits and documentation.
  • Candidates should have a bachelor's degree or 2+ years of related transportation underwriting experience, with a preference for those with 3+ years in Auto Liability insurance.
  • The expected salary for this position ranges from $58,000 to $62,000, depending on the applicant's skills and experience.
  • The company offers competitive benefits, including medical, dental, and life insurance, as well as a 401(k) plan with company matching.

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Multi-state commercial insurance carrier is seeking an Underwriting Assistant for the Passenger Transportation Division based in their Long Beach, NY location.

Key Accountabilities/Deliverables:

  • Provide Support to Underwriters in determining acceptability, quality and profitability of new and existing business based upon company underwriting guidelines and objectives.

  • Prepare various underwriting exhibits necessary for underwriter/management review

  • Assist developing insurance proposals, approve endorsements, process binds, cancellations, non-renewals and obtain required underwriting approvals where needed.

  • Develop account summaries by analyzing and aggregating loss runs, MVR’s and external websites such as FMSCA as well as any other pertinent information

  • Develop appropriate rate sheets (in our rating system), as needed/directed by the Underwriter.

  • Prepare and complete pre-policy documentation for policy issuance including signed applications, State UM/PIP Selection forms based upon various state requirements along with binder subjectivities to ensure completeness of the file.

  • Review policies and documents for accuracy

  • Perform related duties as required or as requested to include: report preparation, presentations, and special projects

  • Effectively communicate and collaborate with other members of the team to broaden knowledge of the product line and/or technical knowledge of pricing.


Technical Knowledge and Understanding:

  • Proficiency in Microsoft Office including Word, Excel, Outlook


Experience:

  • Bachelor's degree from a four-year college or university or 2+ years of related transportation underwriting experience and/or training preferred. Will consider equivalent combination of education and experience.

  • Demonstrate excellent communication, marketing skills and superior customer service

  • Detail oriented with the ability to work in a team environment and be flexible as respects daily changing needs and job duties

  • 3+ years’ experience in Auto Liability insurance.

  • Strong written and verbal communication skills are essential.

  • Strong math skills

  • Good computer skills

  • Good organization and effective time management

  • Detail oriented, organized, and able to handle multiple projects and tasks in a rapidly changing environment.



The expected pay range for the role is $58,000 - $62,000.  The specific offer will depend on an applicant’s skills and experiences.   The disclosed pay range estimate may also be adjusted for the applicable geographic differential for the location in which the position is filled.


Applicants must be authorized to work for any employer in the U.S.  We are unable to sponsor or take over work authorization sponsorship now or in the future for this position. 


#LI-Onsite

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.  We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program




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By applying, a Core Specialty Insurance Holdings, Inc. account will be created for you. Core Specialty Insurance Holdings, Inc.'s Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.