Underwriting Assistant

Company Details

 

 

As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices to provide superior products and services to its customers.

 

https://www.berkleyselect.com/

Responsibilities

The Underwriting Assistant is part of the Professional Liability underwriting segment for Berkley Select and supports the achievement of established departmental goals related to profitability, growth, and producer relations.  The position will provide operational support to the Department including the processing of policies, endorsements, submissions and other client related correspondence for new and existing accounts in accordance with guidelines and philosophy for Lawyers Professional product.

 

Key functions include but are not limited to the following:

 

Broker Management

• Communicate underwriting actions, decisions, requirements, and philosophies to brokerage community.
• Communicate information needed and decisions made during solicitation process.

Underwriting Assistant Duties

• Provide assistance to the underwriting team by preparing and processing insurance applications, endorsements, and policy documents.
• Assist in conducting preliminary risk assessments and research to support underwriters in evaluating insurance applications.
• Maintain organized and up-to-date records of underwriting activities and documentation in the company's database.
• Communicate with internal and external stakeholders professionally and promptly, addressing inquiries and providing support when required.
• Collaborate with other teams, such as operations, finance and claims, to resolve policy-related issues and ensure a seamless customer experience.
• Stay informed about industry regulations and underwriting guidelines, ensuring compliance in all support activities.
• Assist in monitoring policy renewals and coordinate the renewal process with underwriters and agents.
• Contribute to process improvement initiatives, suggesting ideas to enhance efficiency and accuracy in underwriting support operations.
• Provide certified copies of policy documents as requested by claims handlers.
• Review underwriting documents for accuracy prior to their release to brokers and/or company clients.
• Discuss, analyze and interpret Berkley Select policy forms and coverages.

Other Duties

• Special projects as assigned.

Qualifications

• Associates Degree or related insurance experience and/or training; or equivalent combination of education and experience.
• Excellent communication skills, both written and verbal, to effectively interact with team members and insurance brokers.
• Ability to work collaboratively in a team-oriented environment and adapt to changing priorities.
• A proactive approach to problem-solving and the ability to handle tasks independently.
• Knowledge of insurance terminology and basic underwriting principles is a plus.
• Flexibility and a willingness to learn and grow in a fast-paced, dynamic work environment.
• Must be customer service oriented; a team player; willing to learn; organized; detail oriented and flexible.
• Proficiency in computer applications, including MS Office suite and database management.
• Adept interpersonal skills in order to work effectively and professionally with diverse groups.
• Proven prioritization and time management skills with accurate results.
• Organizational, problem-solving and critical thinking skills.

The Company is an equal employment opportunity employer. 

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees.