Full-Time

Underwriting Assistant

Marine Insurance

Posted on 11/21/2024

One80 Intermediaries

One80 Intermediaries

Compensation Overview

$17.79 - $27.41Hourly

+ Bonus

Entry

Remote in USA

Category
Insurance
Finance & Banking
Requirements
  • Associate’s Degree or equivalent for two-year college or technical school; or at least one year related experience and/or training; or equivalent combination of education and experience.
  • Ability and desire to continue professional development through industry and/or outside courses to obtain a professional designation.
Responsibilities
  • Assist on a book of renewal accounts, conducting underwriting reviews 90 days before expiration, and flagging any risks outside program parameters.
  • Assess if risks fall within underwriting appetite and authority, and send legal notices if required.
  • Refer cases outside authority level to the lead underwriter with a complete assessment.
  • Maintain organized electronic policy files according to department standards.
  • Issue policies (Package, Commercial Marine, Umbrella/Bumbershoot) within 48 hours of receipt using automated systems.
  • Follow up with brokers for missing documentation to ensure compliance.
  • Order and review motor vehicle reports (MVR), notifying lead underwriter of any concerns.
  • Request and follow up on loss control surveys.
  • Process endorsements, cancellations, and reinstatements.
  • Assist with new business rating and report ordering as needed.
  • Communicate with brokers regarding policy questions, coverage, and billing.

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

N/A