Senior Underwriting Assistant, Insurance
Job Description
About Specialty Program Group:
Our goal is to partner with industry-leading specialty businesses to provide them with the ability to achieve their goals and optimize their businesses. Specialty Program Group offers access to capital and investment, deep carrier relationships, creative thinking, product development and broad distribution, while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group delivers leading-edge specialty expertise backed by transformative digital capabilities and sophisticated data and analytics.
PartnerOne Environmental, the underwriting division of Beacon Hill, is looking for an outstanding Commercial Auto Senior Underwriting Assistant for our Service team.
Duties and responsibilities:
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Review and analyze insurance applications, endorsements, and renewal information to ensure accuracy and compliance with company policies and regulatory requirements.
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Ensure underwriting guidelines, state regulations, and rating systems are applied correctly for each account.
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Collaborate with underwriters to review quotes, make recommendations, and prepare proposals.
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Maintain up-to-date knowledge of state-specific regulations, industry changes, and rating factors.
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Identify potential issues, discrepancies, or compliance risks and escalate them to the underwriting team.
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Assist with training and mentoring junior underwriting assistants or support staff.
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Assist with new and renewal business life cycle work such as submission preparation, rating, referral prep, quoting, binding and policy issuance.
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Ability to think outside of the box and develop solutions for our members that address their specific insurance needs
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Responsible for maintaining a high-level knowledge of coverage, exposures, rating plans and state requirements
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Work closely with insurance agents, brokers, and clients to gather necessary information and clarify underwriting requirements.
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Monitor and assess the profitability of accounts, recommending rate adjustments, risk management initiatives, and coverage changes to mitigate potential losses.
Qualifications
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Minimum High Diploma or equivalent
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At least five years of experience in commercial auto underwriting support
Skills and Abilities
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General knowledge of insurance terminology
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Ability to comprehend underwriting and compliance guidelines
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Detailed oriented
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Able to multi-task and change direction quickly and efficiently
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Comfortable working in a high-volume production environment
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Strong organizational and prioritization skills
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Able to compile, evaluate and interpret large amounts information and data
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Strong communication skills, both written and verbal
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Proficiency with Microsoft Office
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Experience in workers’ compensation underwriting support preferred but not required
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Management experience a plus
Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $60,000 to $70,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.
#SPG
Department Underwriting
Required Experience: 5-7 years of relevant experienceRequired Travel: No Travel Required
Required Education: High school or equivalent
HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .
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Date Posted
12/07/2024
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