Underwriting Service Specialist

Arch Capital; Minnesota; Remote; USD 55,000 - 83,000; Full time

Benefits offered by this job

Multiple medical plans

401k with generous matching

PTO starting at 20 days per year

Paid company holidays

Parental leave

Volunteer Time Off

Job summary

Arch Insurance Group Inc. is seeking an Underwriting Services Specialist who uses customer service skills, established processes, and software tools to meet individual and unit targets while ensuring SLA commitments are met.

The role works cross-functionally to analyze information and determine the appropriate course of action. You will handle moderately complicated accounts for policy and endorsement issuance, file documentation, review data, generate reports, participate in policy rating, and

Qualifications

• Bachelor's degree or insurance designation preferred.
• 2–5 years of experience in the insurance industry.
• Experience with WC, GL, Property and/or Commercial Auto.

Responsibilities

• Provide service delivery for moderately complicated accounts for policy & endorsement issuance.
• File documentation and set-up.
• Review account information for data entry in systems with 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.
• Communicate with internal functions and brokers as the primary contact for assigned accounts.
• Booking and invoicing.
• Other duties and special projects as assigned.

Skills

Insurance knowledge (WC, GL, Property,

Education

Bachelor's degree or 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

Compensation and Location

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.

#LI-Remote #LI-JD1

Benefits

• 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

14400 Arch Insurance Group Inc.