Underwriting Assistant - Commercial Programs

Posted 3 Days Ago
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Bothell, WA, USA
In-Office
Junior
Insurance
The Role
The Underwriting Assistant supports underwriters with policy procedures, renewal set-ups, endorsements, and communicates with brokers to gather information.
Summary Generated by Built In

Why Jencap? We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career. 

This Underwriting Assistant will work closely with Underwriters to become familiar with underwriting operations, policies, and procedures.  This position will field questions from both external and internal contacts, handle renewal set-ups and endorsement processing under the direct supervision of an underwriter and may assist underwriters by reviewing underwriting reports and processing loss data.

The Underwriting Assistant will a Hybrid schedule in the Bothell, WA Office. 

Responsibilities:

  • Perform all policy support procedures with respect to Commercial General Liability, Property, Auto, Excess and Umbrella lines of business: submissions, quotations, binding, issuance, endorsements, cancellation and non-renewal notices, inspection requests and loss run reports.
  • Assist Underwriting Staff by requesting additional information from brokers necessary for the proper processing of applications, endorsements, and cancellations including any underwriting related reports from external sources.  Perform routine follow-ups and referrals for same.
  • Assist Underwriters by handling broker’s verbal and written requests.
  • Assist Underwriters by processing a preliminary evaluation of company loss experience for individual accounts.
  • Communicate effectively with management regarding resolving internal and external processing issues and problems.
  • Perform other duties as may be assigned by management

Requirements:

  • Minimum 1-3 years of similar work-related job experience.
  • An understanding of commercial insurance and rating function preferred. 
  • Familiar with Microsoft Outlook, Excel and Word and agency management systems.
  • Past experience with a paperless environment helpful.
  • Analytical skills needed along with a comfort level while working with basic mathematical computations.
  • Strong verbal and written communication skills.
  • Possess the ability to use time effectively & efficiently while maintaining a high level of organization.
  • Ability to work both independently and as part of a team effectively.  

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap also offers a range of benefits and programs, based on eligibility, which currently include but are not limited to; comprehensive health care coverage, a 401k plan, and tuition reimbursement.  Jencap is an emerging and rapidly growing leader in the industry and as such, we approach talent acquisition as an opportunity to identify the best talent. Therefore, the level of the role and compensation may vary depending upon the best available candidate. 

Want the opportunity to build something new? Expand your knowledge and stretch your experience through new and emerging risks? Have your voice heard, your skills properly applied, and to add tangible value to an organization? You’re in the right place. 

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. 


Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients. 

Skills Required

  • 1-3 years of similar work-related job experience
  • An understanding of commercial insurance and rating function
  • Familiar with Microsoft Outlook, Excel and Word and agency management systems
  • Past experience with a paperless environment
  • Analytical skills with mathematical computations
  • Strong verbal and written communication skills
  • Ability to use time effectively & efficiently while maintaining organization
  • Ability to work independently and as part of a team
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The Company
HQ: New York, New York
373 Employees
Year Founded: 2016

What We Do

Jencap comprises ten industry-leading insurance brands that provide unique specialization, unparalleled market access, and nationwide influence. Encompassing expertise from every corner of the industry, Jencap is the ultimate, award-winning insurance family.

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