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Underwriter Assistant - Rts
Company | Ryan Specialty, LLC |
Address | , Richmond, 23235, Va |
Employment type | FULL_TIME |
Salary | |
Expires | 2023-07-26 |
Posted at | 11 months ago |
Position Summary:
The RT Underwriter Assistant is focused on the processing of insurance quotes through binding with minimal supervision from the Underwriter. At the Underwriter’s direction, the Underwriting Assistant is expected to process submissions with appropriate information and prepare the quote proposal for the agent, reaching out to the agent as needed for supporting documentation. The Underwriting Assistant ensures quote and binder documentation to be delivered to the agent is correct and of quality. In addition, the role reviews requests for changes in policies; and either collaborates or drives the process to evaluate acceptance, declination or modification.
Essential Functions:
- Assists Underwriter with renewal solicitation and renewal quotes.
- Assists with new business submission with directions from Underwriter to prepare and market to carrier.
- May be required to hold the appropriate licenses for all marketing jurisdictions.
- Ensures data integrity.
- Enter all appropriate information into TITAN system to prepare a quote and present a proposal to the agent.
- Prepare the binder, stamp with state specific stamping (if applicable), print the invoice and package with the binder to the agent.
- Review carrier underwriting manuals to make sure risk fit, enter all appropriate information into carrier quoting system to generate a quote.
- Resolves discrepancies by collecting and analyzing information.
- Issue policies for carriers supplying online issuance capability, check for accuracy and quality and send to the agent. Send supporting documentation to the carrier.
- Participates in relationship management of the agent.
Education/Experience/Skills:
- Knowledge of insurance rating and underwriting procedures.
- Knowledge of insurance markets and reference to markets.
- Bachelor’s degree or equivalent combination of education and experience.
- Excellent communication skills.
- Ability to work in a fast-paced environment.
- Attention to detail.
- Ability to understand written and oral communication, and interpret abstract information.
- Technologically savvy and data driven.
- Must obtain a Property, Casualty Agents license within a designated time period if not currently licensed.
- Knowledge of insurance products and usage’s.
- Basic computer skills including MS Office Suite. Ability to communicate orally and in writing with others to explain complex issues, receive and interpret complex information, and respond appropriately.
- Insurance experience in underwriting with excess and surplus lines preferred.
- Ability to work in a highly automated, paperless environment, including specialized software packages.
Disclaimer
Ryan Specialty is an Equal Opportunity Employer
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