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Underwriting Assistant - General Property

Company

Starr Companies
Address , Dallas
Employment type FULL_TIME
Salary
Expires 2023-09-16
Posted at 8 months ago
Job Description
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Starr Insurance Companies is seeking an experienced Underwriting Assistant to join our team. In this role, you will be responsible for evaluating and analyzing insurance policies to determine risk levels and establish appropriate premiums for clients. You will ensure underwriting and service standards are met on assigned accounts, develop insurance proposals, prepare policies and endorsements, obtain underwriting approvals, purchase reinsurance when needed, review reinsurance certificates and complete reinsurance documentations.
Key Responsibilities:
  • Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book renewal accounts.
  • Solicit renewal property submission from various production sources
  • Analyze submitted risk information according to company underwriting standards and guidelines and request additional information.
  • Subject to written underwriting authority develop, prepare and present quotation terms and conditions as submitted.
  • Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
  • Prepare various Home Office reports as requested or required.
  • Prepare and approve file documentation in accordance with file documentation procedures.
  • Review and approve final bound policy terms prior to mailing to broker/client in accordance with underwriting standards and guidelines.
  • Prepare a detailed account summary referral document and submit for approval to appropriate authority.
  • Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
Qualifications:
  • Multi-tasker and organized
  • Knowledge of Insurance industry
  • Minimum of 1 year of relevant experience
  • Excellent communication skills
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.