Underwriting Service Specialist

Arch Insurance Group Inc.; Minnesota; On-site; USD 55,000 - 83,000; Full time

Benefits offered by this job

Medical plans

Dental & Vision

Prescription drug coverage

401k with match

PTO 20 days

Paid holidays

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Backup Child/Elder Care

Job summary

Arch Insurance Group Inc. is seeking an Underwriting Services Specialist to leverage customer service skills, established processes, and multiple software applications to meet SLA targets.

You will analyze information and determine the best course of action, serving as the key contact for assigned accounts and handling policy/endorsement issuance. The role requires 2–5 years in insurance, knowledge of WC/GL/Property/Commercial Auto, and a Bachelor's degree or insurance designation.

Qualifications

• Demonstrated insurance knowledge across WC, GL, Property and Commercial Auto.
• Analytical and problem-solving abilities are required.
• Collaborative team orientation and proactive communication.
• Self-directed with accountability and urgency.

Responsibilities

• Provide service delivery for moderately complicated accounts for policy and endorsement issuance.
• File documentation and set-up; review account information for data entry.
• Prepare and update reports; process underwriting transactions as needed.
• Communicate with internal teams and brokers as the primary contact for accounts.
• Handle booking and invoicing; participate in special projects.

Skills

Insurance knowledge

Analytical thinking

Collaboration

Self-directed

Communication

Organization

Education

Bachelor's Degree/Insurance designation preferred

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Position Summary

The Underwriting Services Specialist utilizes customer service skills, established processes, and various software applications to achieve individual and unit targets and to ensure Service Level Agreements (SLA's) are met. The Underwriting Service Specialist works cross-functionally and is responsible for analyzing key pieces of information and determining the appropriate course of action.

Responsibilities and Accountabilities

• Provide service delivery for moderately complicated accounts for policy & endorsement issuance
• File documentation and set-up
• Review account information for entry into appropriate systems that ensures quality data reporting
• Order, prepare and/or update reports
• Policy Rating and/or initial entry into rating model
• Processing of various underwriting transactions and requests
• Communicates with various internal functions as well as brokers to serve as key contact for assigned accounts
• Booking/Invoicing
• Other duties and special projects as assigned

Required Skills and Abilities

• Demonstrated technical skills and insurance knowledge (WC, GL, Property & Commercial Auto)
• Analytical and problem solving ability
• Collaborative and team-oriented
• Demonstrated resource for colleagues and other internal business partners
• Self-directed showing personal accountability and sense of urgency
• Strong communication and organizational skills

Education and Experience

• Bachelor's Degree and/or Insurance Designation preferred
• 2-5 years' experience in Insurance industry
• Experience with WC, GL, Property and/or Commercial Auto

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$55,300 - $82,700/year

• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
• Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.

14400 Arch Insurance Group Inc.