Assistant Account Executive/Underwriter

Jencap
Eatontown, NJ Full Time
POSTED ON 11/26/2022 CLOSED ON 1/22/2023

Job Posting for Assistant Account Executive/Underwriter at Jencap

QSR has 250 years of combined underwriting experience with the broadest binding authority in the Northeast - over 60 Commercial Lines markets with A-rated carriers. Using our industry experience and knowledge, we turn forward-thinking ideas into successful programs. Each of our four offices provides national underwriting capabilities. We meet the changing marketplace head-on with our industry-leading product development and 75 market access. Join our tenured team and grow your career with us.

This role will work hybrid out of our Eatontown, NJ office.

QSR has 250 years of combined underwriting experience with the broadest binding authority in the Northeast - over 60 Commercial Lines markets with A-rated carriers. Using our industry experience and knowledge, we turn forward-thinking ideas into successful programs. Each of our four offices provides national underwriting capabilities. We meet the changing marketplace head-on with our industry-leading product development and 75 market access. Join our tenured team and grow your career with us.


The QSR Sr Commercial Lines Associate Producer/Assistant Account Executive position involves working closely with the underwriters to become familiar with underwriting operations, policies and procedures including rating, ordering underwriting reports, processing insurance valuations as may be required of the position. Handle renewal set ups and endorsement processing under the direction of the Underwriter. Assist underwriter by reviewing underwriting reports and processing loss data to analyze and evaluate same. This role offers the potential career track to Producer position for a high performing associate performing to exceed expectations.

  • Develop the ability to perform risk selection and analysis by examining and evaluating documents such as application forms, inspections reports, financial reports, product brochures, company referral agreements, and other pertinent documents to determine the degree of risk, underwriting and market selection.
  • Build relationships with agents through in-house placement of new business. Effectively communicate with agent or broker clients, company underwriters, internal staff and management to obtain additional information, quote rates, as well as servicing existing accounts.
  • Prepare quotations and proposals for broker client and assist underwriter by answering or fielding questions from broker clients and company personnel. Enter and/or research information in the company imageright system and apply this information in accordance with department workflow procedures.
  • Request additional information from broker necessary for the proper processing of applications, endorsements, and cancellations including any underwriting related report from external sources.
  • Assist underwriters by handling broker's verbal and written requests or comments concerning applications, endorsements, or cancelations. Assist underwriters by processing a preliminary evaluation of company loss experience for individual accounts.
  • Assist underwriters in preparing new and renewal applications for initial evaluation, rating, and final pricing. Process policies (incl. of new, renewal, and endorsements) in all areas via both company automated systems and manually, including maintenance of policy logs and policy distribution, as required.

Knowledge, Skills and Abilities:

Recognize and effectively act upon situations with little to no supervision.

Solid familiarity with computers

Good oral and written communication skills

Ability to follow instructions and adhere to prescribed routines and practices.

Maintain an attention to detail.

Good analytical skills

Education and Training:

  • Minimum high school diploma or GED
  • Bachelor's Degree Preferred
  • 3-6 years of similar related job experience.
  • Recommend employee pursue mid-upper level insurance related coursework which may lead to a professional insurance designation or certification.
  • Participate in company organized, prescribed or designated insurance seminars and workshops on or off premises.

Quaker Special Risk & Jencap

QSR is a part of Jencap, one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management, providing unparalleled market access, and nationwide influence.

Want the opportunity to build something new? Have your voice be heard, your skills properly applied, and to add tangible value to an organization? You're in the right place. Expand your knowledge and stretch your experience through new and emerging risks. Jencap is dynamic, bold, tenacious and trusted in the industry.

Here, you are not just one of the many, you are one of us. We truly are better together

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