Underwriting Assistant

Core Specialty Insurance Services, Inc.; Scottsdale (AZ); Hybrid; USD 70,000 - 95,000; Full time

Benefits offered by this job

Medical, dental, vision, and life ins.

Short and long-term disability

Company-match 401(k)

Employee Assistance Plan

Health Savings Account

Flexible Spending Account

Health Reimbursement Account

Wellness program

Job summary

Core Specialty Insurance Services, Inc. in Scottsdale, AZ is seeking an underwriting support specialist to assist underwriters with account summaries, endorsements, and policy issuances. You will gather loss data, run MVRs, and help assess risk and profitability under company guidelines.

The role requires strong math skills, good organization, and the ability to work independently in a hybrid environment. Prior transportation underwriting experience preferred but a 2+ year related background

Qualifications

• Bachelor's degree or 2+ years of transportation underwriting experience preferred.
• Ability to analyze loss runs and external data to assess risk.
• Strong mathematical and analytical thinking is essential.

Responsibilities

• Provide Underwriters with account summaries to evaluate risks and support endorsement activity and policy issuance.
• Assist in determining acceptability, quality and profitability of new and existing business based on guidelines.
• Develop proposals, approve endorsements, process binds, cancellations and non-renewals as needed.
• Request loss control visits and follow up on outcomes.
• Prepare reports and participate in special projects as required.

Skills

Strong math skills

Time management

Self-motivated

Computer skills

Education

Bachelor's degree or 2+ years of related transportation underwriting experience

Tools

Computer Skills

Job description

Key Accountabilities & Deliverables

• - Provide Underwriters with account summaries in order to evaluate risks as well as provide support to Underwriting Technicians with endorsement activity and policy issuance.
• Provide support to Underwriters in order to determine the acceptability, quality and profitability of new and existing business based on company underwriting guidelines and objectives.
• Assist developing insurance proposals, approve endorsements, process binds, cancellations, non- renewals and obtain required underwriting approvals where needed.
• Request and follow up on loss control visits.
• Develop account summaries by analyzing and aggregating loss runs, MVR’s and external websites such as FMSCA as well as any other pertinent information.
• Performs related duties as required or as requested to include report preparation, presentations, and special projects.
• Effectively communicate and collaborate with other members of the team to broaden knowledge of the product line and/or technical knowledge of pricing.
• Other duties as assigned.

Technical Knowledge and Understanding

• Strong math skills.
• Good organization and effective time management.
• Self-motivated and independent.
• Strong Computer Skills.

Experience

Bachelor's degree from a four-year college or university or 2+ years of related transportation underwriting experience and/or training preferred. Will consider equivalent combination of education and experience.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position. #LI-Hybrid

Benefits

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.

• medical, dental, vision, and life insurances
• short and long-term disability
• a Company-match of 100% of a 6% contribution 401(k) plan
• an Employee Assistance Plan
• Health Savings Account
• Flexible Spending Account
• Health Reimbursement Account
• a wellness program

Core Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers. For further information about Core Specialty, please visit www.corespecialtyinsurance.com.

In compliance with the Transparency in Coverage rule, issued in 2020 by US Departments of Health, Human Services, Labor and Treasury our health plan’s machine-readable files (MRFs) can be accessed via www.Cigna.com.