Job Summary
- Location
- Wilmington, DE
- Industries
- Insurance
- Job Type
- Full Time
- Employee
- Career Level
- Experienced (Non-Manager)
- Job Reference Code
- 296503
Underwriting Assistant
About the Job
ACE Group
The ACE Group of Companies is one of the worlds leading global commercial
property and casualty insurance and reinsurance organizations, with 16,000
employees worldwide and offices in more than 50 countries.
ACE serves the property and casualty insurance needs of businesses of all
sizes in a broad range of industries. We also provide specialized insurance
products—such as personal accident, supplemental health and life insurance—to
individuals in select countries. Our reinsurance operations include both
property and casualty and life companies.
Details of this critical opening follow:
UNDERWRITING ASSISTANT
SG15
KEY OBJECTIVE:
Provide underwriting and administrative support to Underwriting units.
MAJOR DUTIES & RESPONSIBILITIES:
Duties may include but are not limited to:
- Processing of New Business, Renewals, Endorsements, Cancellations, Reinstatements, Non-Renewals, Broker of Record, State Filings and Countersignatures.
- Verify and make any necessary revisions to experience Mods.
- Request reports, surveys and experience of individual risks and other related information form various bureaus or service organizations.
- Investigate and resolve insurance department complaints and bureau criticisms.
- Communicate with Internal\External parties to obtain data needed for policy issuance and/or policy modifications.
- Maintain\exceed service standards: by monitoring work queue and taking appropriate action needed to ensure timely processing of request from brokers, underwriters, billing and audit areas.
- Review and verify policy data for accuracy.
- Assemble, distribute and file policies, endorsements and related materials.
- Assist in the training of new employees in the business unit as respects to rating, processing and customer service related functions.
- Identify and communicate system related problems.
- Other duties and special projects as assigned.
MINIMUM REQUIREMENTS:
- High school diploma or equivalent.
- 3-5 years of insurance experience; minimum 2 years of commercial underwriting support experience.
- Must be able to function effectively and efficiently in a time sensitive and high volume
environment.
- Strong data entry and computer skills including MS Word, MS Excel, MS PowerPoint and mainframe applications.
- Strong knowledge of Workers Compensation rating, processing, statutory filings and policy construction.
- Strong communication skills, written and verbal.
DESIRED QUALIFICATIONS:
- Ability to work autonomously
- Strong organization and prioritization skills
- Good attention to detail
- Flexible and adaptable to changing direction, adjusting priorities and/or work on multiple tasks simultaneously.
ACE offers a competitive salary plus cash bonus, equity opportunities and a
comprehensive benefits package including life, health, dental, vision, a
generous retirement savings plan with a generous company match, disability
coverage, stock purchase plan, flexible spending accounts, tuition
reimbursement, and business casual dress.
Sound like the right job for you? For consideration, please apply below.
If you would like additional information about the ACE Group, please visit our
website at http://www.acelimited.com
The ACE Group of Companies is one of the worlds leading global commercial
property and casualty insurance and reinsurance organizations, with 16,000
employees worldwide and offices in more than 50 countries.
ACE serves the property and casualty insurance needs of businesses of all
sizes in a broad range of industries. We also provide specialized insurance
products—such as personal accident, supplemental health and life insurance—to
individuals in select countries. Our reinsurance operations include both
property and casualty and life companies.
Details of this critical opening follow:
UNDERWRITING ASSISTANT
SG15
KEY OBJECTIVE:
Provide underwriting and administrative support to Underwriting units.
MAJOR DUTIES & RESPONSIBILITIES:
Duties may include but are not limited to:
- Processing of New Business, Renewals, Endorsements, Cancellations, Reinstatements, Non-Renewals, Broker of Record, State Filings and Countersignatures.
- Verify and make any necessary revisions to experience Mods.
- Request reports, surveys and experience of individual risks and other related information form various bureaus or service organizations.
- Investigate and resolve insurance department complaints and bureau criticisms.
- Communicate with Internal\External parties to obtain data needed for policy issuance and/or policy modifications.
- Maintain\exceed service standards: by monitoring work queue and taking appropriate action needed to ensure timely processing of request from brokers, underwriters, billing and audit areas.
- Review and verify policy data for accuracy.
- Assemble, distribute and file policies, endorsements and related materials.
- Assist in the training of new employees in the business unit as respects to rating, processing and customer service related functions.
- Identify and communicate system related problems.
- Other duties and special projects as assigned.
MINIMUM REQUIREMENTS:
- High school diploma or equivalent.
- 3-5 years of insurance experience; minimum 2 years of commercial underwriting support experience.
- Must be able to function effectively and efficiently in a time sensitive and high volume
environment.
- Strong data entry and computer skills including MS Word, MS Excel, MS PowerPoint and mainframe applications.
- Strong knowledge of Workers Compensation rating, processing, statutory filings and policy construction.
- Strong communication skills, written and verbal.
DESIRED QUALIFICATIONS:
- Ability to work autonomously
- Strong organization and prioritization skills
- Good attention to detail
- Flexible and adaptable to changing direction, adjusting priorities and/or work on multiple tasks simultaneously.
ACE offers a competitive salary plus cash bonus, equity opportunities and a
comprehensive benefits package including life, health, dental, vision, a
generous retirement savings plan with a generous company match, disability
coverage, stock purchase plan, flexible spending accounts, tuition
reimbursement, and business casual dress.
Sound like the right job for you? For consideration, please apply below.
If you would like additional information about the ACE Group, please visit our
website at http://www.acelimited.com
