Senior Underwriting Assistant

PMA Companies; Los Angeles (CA); Remote; USD 60,000 - 80,000; Full time

Job summary

Join a forward-thinking company as part of their underwriting support team, where you'll play a key role in preparing quotes and processing policies. This exciting position allows you to engage with clients and underwriters, ensuring accuracy and timely service. With responsibilities ranging from coordinating pre-underwriting processes to analyzing claims, you'll be integral in maintaining high standards and fostering professional relationships. If you're ready to make a significant impact in a dynamic environment, this opportunity is perfect for you.

Qualifications

• 1-3 years of experience in underwriting function.
• Ability to maintain professional relationships.

Responsibilities

• Assist in preparation of new business quotes and policy issues.
• Coordinate the pre-underwriting process and maintain accuracy.
• Rate and issue WC new business and renewal policies.

Skills

Underwriting Knowledge

Client Relationship Management

Team Collaboration

Education

High School Diploma

Job description

Description

As a member of our underwriting support team, you will provide high-level support to the underwriting function. In this role, you will assist in the preparation of new business quotes and policy issues, as well as rating both new business and renewal applications, while maintaining accuracy and targeted due dates.

Responsibilities:

1. Complete portfolio process (RPA) prior to renewal date
2. Complete pre-underwriting process of renewals by Underwriter due date and new business submissions
3. Coordinate the pre-underwriting process, including but not limited to:
4. Review of application
5. Request for additional info from agent or PMA staff
6. Classification of exposures
7. Ordering RMA, D&B, MVRs, and synopsis
8. Completion of loss trend and development
9. Analysis of large claims and loss trends
10. Review of prior audits
11. Complete new business, renewal, and financial notification forms
12. Attend and fully participate in all team and underwriting meetings
13. Meet with assigned underwriter weekly to discuss and prioritize work processes and tasks
14. Process work in a timely and accurate manner
15. Rate and issue WC new business and renewal policies; provide instruction to the Rating Center for PAL lines policies
16. Issue WC and Auto state filings as required
17. Review correspondence such as mid-term endorsement requests, cancellation requests, WC Bureau letters; respond within UA authority
18. Maintain corporate underwriting image standards
19. Contact producers and insureds to obtain information and expedite service
20. Visit agents with an underwriter to establish contact and familiarize them with work routines
21. May play a major role in training new hires, managing special projects, and presenting new material to other underwriting assistants
22. Demonstrate commitment to the company's Code of Business Conduct and Ethics, applying knowledge of compliance policies, standards, and laws relevant to job responsibilities

#LI-Remote

Qualifications:

• High school diploma or equivalent
• 1-3 years of experience in an underwriting function, with sufficient knowledge of at least one or more lines of business to approve and process policies meeting parameters established by underwriters
• Experience working with internal and external clients
• Ability to maintain professional, proficient working relationships
• Strong team skills

Compensation:

PMA provides applicants with the anticipated wage range for this position in compliance with state regulations. The range is $32.15 to $39.33. Wages are based on market data and may vary depending on location and other factors.