Underwriting Assistant

Berkley Small Business Solutions (a Berkley Company); Minneapolis (MN); On-site; USD 45,000 - 60,000; Full time

Benefits offered by this job

Base salary range: $45k - $60k

Benefits package

Profit-sharing plans

Job summary

Berkley Human Services, a Berkley Company, is seeking an underwriter support professional in Minneapolis to assist the underwriting department with limited exposure accounts and to complete underwriting functions.

You will review submissions, process renewals, prepare proposals, and coordinate with agents and managers while maintaining records and reports. The role offers a base salary range and robust benefits as part of a full-time position.

Qualifications

• Above average mathematical skills.
• ISO Commercial Multi-line rating knowledge and experience.
• Insurance company experience.
• Strong PC and keyboarding skills.

Responsibilities

• Assist underwriting department through handling of limited exposure accounts and complete underwriting functions.
• Rate and issue assigned accounts and provide support to underwriters.
• Handle new and renewal accounts and review submission material.
• Review applications from agents and obtain missing information.
• Prepare proposals for agents and follow up on quotations.
• Maintain records and prepare required reports.

Skills

Mathematical skills

PC skills

Keyboarding

Insurance knowledge

Education

High school or equivalent

Tools

ISO rating systems

Job description

Company Details

Berkley Human Services, a Berkley Company, is devoted to meeting the needs of Human Services Organizations. Our insurance policies are written through our Berkley affiliates, each of which is rated A+ (Superior) by A.M. Best Company with a Financial Category of XV.

We offer property and casualty coverages designed for the unique operational aspects of social service organizations. Our Human Services Program dates back to 1989, and has continuously evolved to meet the unique needs of the market we serve. We insure both nonprofit and for-profit social service organizations, such as child daycare, sheltered workshops, group homes, senior citizen centers, senior independent living, schools, counseling services, YMCAs, YWCAs, and Boys & Girls Clubs.

Responsibilities

To assist underwriting department through the handling of limited exposure accounts and to complete underwriting functions based on the underwriting guidelines and Letter of Authority. Rate and issue assigned accounts and provide functional support to underwriters.

• Handle new and/or renewal accounts, as assigned by underwriters or manager.
• Reviewing new submission material, assessing risk and determining appropriate terms.
• Processing assigned Automatic and non-Automatic renewals within delegated authority.
• Following specific instructions of the underwriter.
• Reviewing applications from agents and obtaining missing information.
• Refer to underwriter or underwriting manager when outside assistant underwriter authority.
• Prepare proposals for agents.
• Follow up on all quotations in order to verify account status.
• Following guidelines or instructions, order inspections as needed for underwriting of risk.
• Maintain records and prepare required reports as necessary.
• Meet or communicate with agents/marketing personnel.
• Maintain contact with and act as liaison between independent agents, insurance company, claims adjusters and other concerned parties in administering accounts where necessary.
• Maintain and update files for underwriting reviews.
• Rate and process business as assigned, to include manual, computer and experience rating.
• Set up policy order and instructions for issuance by Operations team.
• Handle endorsement requests within delegated authority.
• Perform other account-related duties, as assigned by underwriters.
• Order loss control.
• Order / review MVR’s, GuideStar information, BUR or other outside materials as instructed.
• Complete valuation estimations as requested or directed.
• Handle routine inquiries from agents.
• May perform other functions as assigned.

Qualifications

• Above average mathematical skills.
• ISO Commercial Multi-line rating knowledge and experience.
• Insurance company experience.
• Strong PC and keyboarding skills.

Education

• High school or equivalent relevant experience.

Additional Company Details

The Company is an equal employment opportunity employer.

We do not accept unsolicited resumes from third party recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees including:

• Base Salary Range: $45k - $60k
• Benefits include Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, educ

Sponsorship Details

Sponsorship not Offered for this Role