Underwriting Assistant

Reposted 12 Days Ago
Be an Early Applicant
2 Locations
In-Office
62K-80K Annually
Junior
Financial Services
The Role
The Underwriting Assistant supports underwriters by processing endorsements and data, assisting with account evaluations, and managing customer transactions.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Position Summary

The primary focus of the Underwriting Assistant will be on the support functions to a team of underwriters including the processing of endorsements, binders and billing transactions; the gathering and qualifying of underwriting data from our brokers.  The Underwriting Assistant is responsible for contributing to the profitability and revenue goals of the department through individual account underwriting support. Duties include assisting the underwriter in the evaluation, pricing and underwriting of individual accounts and providing customer servicing of our accounts through processing transactions.

Responsibilities

  • Review submissions, obtain pertinent underwriting information in order to enable the underwriter to accurately identify and assess risk hazards and exposures
  • Complete other underwriting account support tasks with minimal supervision as per company guidelines
  • Adhere to all service standards by completing transactional underwriting duties in a timely and accurate fashion including: preparation of proposals and binders; issuance of policies and endorsements; processing of reinsurance transactions; and completion of account transactions as required
  • Respond promptly to all internal and external customer requests with detailed file documentation for all discussions and decisions
  • Perform special projects as assigned under minimal supervision

Qualifications

  • Very strong organizational skill with the ability to effectively handle multiple assignments, prioritize work and meet deadlines in a dynamic and results oriented environment
  • Ability to work independently as a member of a team
  • Highly motivated proactive approach to job responsibilities
  • Knowledge and working understanding of business and financial concepts
  • Solid math and analytical skills
  • Ability to work in a detail oriented environment where accuracy is critically important
  • Excellent written and verbal communications skills
  • Strong customer service focus with the ability to effectively multi-task with limited direction
  • Highly proficient in Microsoft Excel, Work, Outlook, and PowerPoint

Education

  • BA or equivalent preferred, 2 Years of experience in the Construction area preferred

#LI-JD1
#LI-Hybrid

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

For NYC: $61,500 - $79,900 /year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

Top Skills

Excel
Microsoft Outlook
Microsoft Powerpoint
Microsoft Word
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The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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