About this role
Company Details
With over 35 years of proven expertise in the workers' compensation industry, Key Risk delivers innovative and responsive solutions that provide our clients the freedom to do what they do best. Offering guaranteed cost options to employers nationwide, Key Risk focuses on delivering products and services within specialized verticals to reduce workers' compensation exposures and deliver industry-leading results.
All products and services are distributed through appointed insurance agents and brokers. Key Risk is a member company of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A+ (Superior), Financial Size Category XV by A.M. Best Company and A+ (Strong), by S&P.
For further information about Key Risk please visit www.KeyRisk.com
The company is an equal opportunity employer.
Responsibilities
The Underwriter Assistant will be responsible for providing Underwriters with the information necessary to make prudent underwriting decisions and to support the underwriting life cycle from pre-submission through policy issuance and renewal.
Key functions include but are not limited to the following:
- Triage incoming submissions for Underwriting review and provide instructions for entry into policy administration system
- Collect data, review, analyze, and rate new and renewal business to prepare files for Underwriter review
- Proficiently navigate and perform transactions in the policy administration system and other systems and tools used in the underwriting process
- Issue policies in policy administration system according to Underwriter instructions and within time service standards
- Review policies to ensure they are issued accurately based upon the terms and conditions outlined by the Underwriter and producer
- Review and produce endorsements within authority or based on Underwriter instructions
- Request and review supplemental applications for workers compensation insurance and highlight areas of concern for Underwriter review
- Interpret and analyze underwriting manuals/guidelines, rating manuals, forms, and workflows workers compensation insurance
- Maintain knowledge of technical underwriting process and/or research information if needed; participate in ongoing training as necessary
- Handle various requests and/or inquiries from agents, brokers and/or underwriters through phone, in person, and written correspondence
- Responsiveness on service requests from clients
- Assist the Underwriter in maintaining productive and effective relationships with assigned agency partners including occasional visits to agency locations
- Order various underwriting reports to compile data for the Underwriters
- Inform Underwriters of any underwriting or agency issues immediately
- Perform administrative duties for the department including writing reports and business correspondence
- Participate in various projects to drive innovation and continuous improvement for our company and clients
Qualifications
- BA/BS Degree preferred
- Self-motivated and results oriented
- Capable of working with internal and external teams and partners
- Superior customer experience skills
- Excellent vendor management skills
- Positive attitude and professional demeanor
- Demonstrated ability to meet deadlines, determine priorities and adapt to changing priorities as needed
- Strong computer skills, including Excel and Outlook, and the ability to master multiple policy and underwriting systems and resources
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.Sponsorship Details
Sponsorship not Offered for this RoleOther facts
About Berkley
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product or territory.
What you'll do
- The Underwriting Assistant will support Underwriters by providing necessary information for underwriting decisions and managing the underwriting life cycle from pre-submission to policy issuance. Key functions include triaging submissions, collecting and analyzing data, issuing policies, and maintaining relationships with agency partners.
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