Full-Time

Underwriting Assistant

Posted on 11/20/2024

Core Specialty

Core Specialty

Food & Agriculture
Energy
Financial Services

Entry, Junior

No H1B Sponsorship

Cincinnati, OH, USA

Hybrid position requiring in-office presence.

Category
Insurance
Finance & Banking
Requirements
  • Experience working in the insurance industry or as an assistant, preferred.
  • Basic insurance knowledge, preferred.
  • Ability to use all Microsoft Office software and to be trained on Policy Administration/Claims systems.
  • Strong communications skills both written and oral.
  • Ability to interact with all organizational levels.
  • Basic computer skills, ability to use standard office equipment required.
Responsibilities
  • Perform tasks related to the underwriting policy life cycle.
  • Process tasks accurately to maintain departmental productivity, quality, and timeliness standards.
  • Manage workflows to ensure timely and accurate handling of all department processes, procedures, and service standards.
  • Perform data entry coding into policy administration applications.
  • Review and maintain underwriting files to warrant a 'satisfactory' file completion.
  • Follow up and complete a variety of underwriting correspondence in reference to applications, policies, and endorsements.
  • Correspond with underwriters and/or brokers to obtain necessary documentation.
  • Focus on constant improvement.
  • Support other duties from time to time as the company may reasonably require.
  • Maintain a customer service mentality.

Company Stage

M&A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The upgrade in credit ratings by AM Best reflects Core Specialty's strong financial health and stability.
  • Investment in Gramercy Risk indicates a commitment to expanding their portfolio and diversifying risk.
  • The partnership with AllDigital Specialty enables Core Specialty to offer efficient and competitive digital solutions, potentially increasing market share.

What critics are saying

  • The integration of acquired companies like Lancer Insurance could pose operational challenges and cultural mismatches.
  • Focusing on niche markets may limit growth opportunities compared to more diversified insurers.

What makes Core Specialty unique

  • Core Specialty's strategic partnerships, such as with AllDigital Specialty, leverage low-touch/no-touch technology to streamline operations, setting them apart in the insurance market.
  • The company's focus on niche markets like small to medium-sized private and nonprofit organizations allows it to cater to specific needs that larger insurers might overlook.
  • Recent mergers and acquisitions, including the merger with Lancer Insurance Company, enhance Core Specialty's market presence and operational capabilities.

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