Operations Specialist - Rating - CT or Remote

Crum & Forster; Glastonbury (CT); Remote; USD 34,000 - 65,000; Full time

Job summary

Crum & Forster is seeking an Underwriting Support Specialist to assist in rating and computing premiums for commercial lines policies. The ideal candidate will have a Bachelor's degree and 2-4 years of experience in commercial lines rating. This role offers a competitive salary and a comprehensive benefits package, including a generous 401K match and opportunities for professional development.

Benefits

Competitive compensation package

Generous 401K employer match

Employee Stock Purchase plan with employer matching

Generous Paid Time Off

Excellent benefits beyond health, dental & vision

Tuition reimbursement and professional training

Dynamic and exciting work environment

Volunteer opportunities and corporate giving program

Qualifications

• 2 to 4 years’ work experience or completion of an internship preferred.
• Commercial Lines Rating Experience preferred: WC, NTL, PD, Auto, GL, Pkg.
• Proficiency in Microsoft Office tools – Outlook, Excel, Word and Power Point.

Responsibilities

• Perform Workers’ Compensation and Commercial Auto rating and supporting functions.
• Rate and compute premium on quotes, policies, and endorsements.
• Work closely with the Underwriting team on new and renewal business.

Skills

Problem Solving

Analytical Skills

Communication

Customer Focus

Attention to Detail

Education

Bachelor's degree in a related field

Tools

Microsoft Office

Job description

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.

Job Description

Since 2000, Crum & Forster’s Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.

In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions.

The qualities and capabilities of Crum & Forster Accident & Health demonstrate our philosophy of building meaningful, long-term partnerships and our dedication to providing alternative strategies in an ever-changing insurance market.

The Occupational Accident Profit Center is part of the Specialty Business Unit (SBU) within A&H and writes the following lines of business: Occupational Accident, Contingent Liability and Employers Liability, Non-Trucking Liability, and Physical Damage for Independent Contractors with ancillary Workers’ Compensation for employees. The target markets are the trucking industry and the Gig Economy.

This position will be responsible for supporting the underwriting team through the rating process and computing premiums for commercial lines policies written within the group. This role will provide the critical knowledge for commercial lines rating, policy creation, and issuance.

This position will be responsible for providing support to the underwriters through the rating and computing of premiums on policies and endorsements. Which will include the preparation for policy writing and statistical information for coding. In addition, this individual will support the implementation of new and renewal business for the team while remaining aligned with the strategy, commitments and goals of the organization.

What you will do for C&F:

• Perform Workers’ Compensation and Commercial Auto rating and supporting functions
• Commercial Auto Endorsement Quality Control
• Rate and compute premium on quotes, polices and endorsements
• Work in State Rating Bureaus to check for policy accuracy and completion
• Process cancellations & non renewals in systems and rating bureaus
• Work on renewal business, full workflow: rating, quoting, binding, booking
• Work closely with the Underwriting team on new and renewal business
• Handle ad-hoc projects per manager request
• Communicate internally and Externally with Agents and Brokers

What you will bring to C&F:

• Bachelor's degree in a related field preferred
• 2 to 4 years’ of equivalent work experience or completion of an internship preferred
• Commercial Lines Rating Experience preferred: WC, NTL, PD, Auto, GL, Pkg, Admitted & Non Admitted
• Proficiency in Microsoft Office tools – Outlook, Excel, Word and Power Point
• Strong interpersonal and communication (oral and written) skills
• Strong demonstration of problem solving and analytical skills
• A customer focused mentality
• Strong analytical skills
• High degree of organization to prioritize work and follow up on issues
• Will abide by departmental policies and procedures, including authority levels to comply with C&F risk management controls
• Exceptional attention to detail

What C&F will bring to you

• Competitive compensation package
• Generous 401K employer match
• Employee Stock Purchase plan with employer matching
• Generous Paid Time Off
• Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
• A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
• A dynamic, ambitious, fun and exciting work environment
• We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community

At C&F you will BELONG

If you require special accommodations, please let us know. We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know

For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $34,400.00 to a maximum of $64,600.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

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