Underwriting Assistant - Temporary

Old Republic Commercial Risk; Allentown (Lehigh County); On-site; USD 45,000 - 65,000; Full time

Job summary

Old Republic Commercial Risk is seeking an underwriting support professional to provide high level support to the underwriting function. You will assist in preparing new business quotes, rating new and renewal applications, and ensuring accuracy with targeted due dates.

The role involves completing portfolio processes, coordinating pre-underwriting tasks, reviewing applications, requesting information, and maintaining corporate standards while interacting with agents and staff.

Qualifications

• 1-3 years experience in underwriting function.
• Experience working with internal/external clients.
• Temporary Position: ~24 months.

Responsibilities

• Assist in preparation of new business quotes and policy issues.
• Rate and issue workers' compensation and renewal policies.
• Coordinate pre-underwriting process including reviewing applications and requesting add'l info.
• Attend and participate in underwriting meetings and discuss priority tasks.
• Maintain accuracy and meet targeted due dates and standards.

Skills

Teamwork

Client relations

Underwriting knowledge

Communication

Education

High School diploma

Job 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

• Complete portfolio process (RPA) prior to renewal date
• Complete pre-underwriting process of renewals by Underwriter due date and new business submissions
• Coordinate the pre-underwriting process which includes, but is not limited to:
• Review of application
• Request for add'l info from agent or PMA staff
• Classification of exposures
• Ordering RMA, D&B, MVR's and synopsis
• Completion of loss trend and development
• Analysis of large claims and loss trends
• Review of prior audits
• Complete new business, renewal and financial notification forms.
• Attend and fully participate in all Team and Underwriting Meetings
• Meet with assigned underwriter weekly to discuss and prioritize work processes and tasks
• Process work in a timely and accurate manner
• Rate and issue WC new business and renewal policies. Provide instruction to the Rating Center for completion of PAL lines new business and renewal policies.
• Issue WC and Auto state filings as required.
• Review correspondence including: Mid-term endorsement requests, Cancellation requests, WC Bureau letters. Respond to inquiries within UA authority.
• Maintain Corporate Underwriting Image Standards.
• Contact producers and insureds to obtain information and expedite service.
• Visits Agents with an Underwriter for the purpose of establishing contact and acquainting them with work routines.
• May assume a major role in training new hires, special projects, and learning & presenting new material to other Underwriting Assistants.
• Demonstrate commitment to Company’s Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.

Requirements

• High School diploma or equivalent.
• 1-3 years year of experience in an underwriting function. Sufficient knowledge of at least one or more lines of business to approve and process new and renewal policies that meet all parameters established by underwriters.
• Experience working with internal/external clients
• Ability to maintain professional, proficient working relationships
• Strong team skills.
• Temporary Position: ~24 months