Assistant Multiline Underwriter

Alliant Insurance Services; Greenwood Village (CO); On-site; USD 52,000 - 80,000; Full time

Job summary

Alliant Insurance Services is seeking an underwriting assistant to support brokers and underwriters in reviewing, underwriting and rating broker submissions for new and renewal business. The role ensures submissions are complete and coordinates quotes, pricing and coverage definitions.

You will manage policy delivery, maintain files, follow up on suspense items, assist in renewal specifications, and participate in meetings with brokers, underwriters and carrier representatives to ensure

Qualifications

• Bachelor's degree or equivalent combination of education and experience.
• 3+ years related insurance industry experience.
• Valid driver’s license.

Responsibilities

• Reviews policies, contracts and programs to identify errors and discrepancies to ensure agreement with application, quote, proposal, and binder.
• Assists in underwriting risks, suggesting rates and premiums based on coverage and demographics for new/renewal business.
• Coordinates the preparation of policy delivery with related documents.
• Assists in underwriting a book of new and renewal business.
• Communicates with markets to obtain necessary documentation for new/renewal business.
• Participates in meetings with brokers, underwriters, account executives and carrier representatives.
• Maintains files for submissions and written/lost business; follows up as appropriate.
• Computes rates and premiums and assembles declarations, coverage forms and endorsements to complete policy under underwriting guidelines.

Skills

Verbal and written communication

Customer service

Mathematical functions

Problem solving

Teamwork

Planning & organization

Microsoft Office

Office software

Education

Bachelor's degree or equivalent

3+ years related experience

Valid driver’s license

Tools

Microsoft Office

Job description

SUMMARY

Responsible for assisting Underwriters in reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Brokers and Account Managers as needed. Works with Underwriters and markets to obtain quotes, negotiate pricing, define coverages, and determine taxes, fees & commissions. Performs all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Reviews policies, contracts and/or programs to identify errors and omissions and discrepancies to insure agreement with application, quote, proposal, and/or binder;

Assists in Underwriting risks, suggesting rates and premiums based on coverage and performs demographic analysis for new and/or renewal business;

Coordinates the preparation of policy delivery with all related documents;

Assists in Underwriting a book of new and renewal business;

Communicates with markets to ascertain all necessary documentation for new and renewal business;

Participates in Meetings with brokers, underwriters, account executives and carrier representatives;

Assists in preparing Renewal Specifications as required by Management;

Services Account Manager calls, researches & collaborates with underwriters to answer questions; regarding client coverage, limits and deductibles;

Maintains files for submissions, and written/lost business;

Maintains client suspense; conducts follow-ups as appropriate;

Assists Account Managers to resolve complex issues;

Computes rates and premiums for policies, compiles appropriate declarations, coverage forms, national/local forms, and optional endorsements to complete a policy in accordance with underwriting guidelines;

Assists in the issuance of appropriate documents and assembling of policies;

Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);

Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

Bachelor's Degree or equivalent combination of education and experience

Three (3) or more years related work experience; experience in insurance industry

Valid Drivers License

SKILLS

Excellent verbal and written communication skills

Good customer service skills, including telephone and listening skills

Ability to perform complex mathematical functions

Good problem solving and time management skills

Ability to work within a team and to foster teamwork

Good planning, organizational and prioritization skills

Proficient in Microsoft Office products

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