An Amwins CompanyAssociate Underwriter: Description & DutiesUnderwriting Associates support our underwriting functions and staff, applying their understanding of risk evaluation and acting as 'first line' of risk review by performing initial analysis of data and exposure.Organizing incoming submission data for underwriter; alert any 'red flags' (i.e. recommend decline based on Risksmith appetite, etc.); support documentation and file management protocols; gather and enter risk information into quote and pricing tools; evaluate loss and coverage for the underwriter.Support the underwriter and agent/broker with highly responsive service by managing the workflow of moderate to complex account work from clearance through policy issuance and file documentation.Acts as key liaison to Operations for business process creation/improvement and automation design efforts.To the qualified candidate we offer:Compensation includes a salary commensurate with experienceFull benefit package including: Medical, Dental, Life, Disability and 401(k)Collaborative, continuing education focused work environmentOpportunity for advancementOpportunity for formal sales and leadership trainingGenerous Paid Time Off (PTO)Associate Underwriter requirements:Minimum 3 years commercial property experienceInland Marine experience preferredAssociate Underwriter Duties:New & Renewal submission prep:Review upcoming in force renewal list; 120-day windowCollaborate with Underwriter on renewal plans, i.e. 'quick' rollover renewals, re-underwrite, non-renew, renewal solicitation emails, etc.Send declinations on new business risks representing ineligible classes and size, ensure declinations recorded in the appropriate systems (DMS, ALIS)Triage incoming renewal submissions: verify SOV, identify anomalies/errors and missing information and correspond with broker to resolveFormat SOVs for Geocoding and SpatialKey importBegin account summary process; OctoCapp/CapApp data entry as neededEndorsements and Service Requests:Assess and confirm specific actions with underwriter, acting within authority guidelinesCalculate APs and RPs. Hand-off to Risk Analysts to facilitate the processing of service requestsDeconstruct complex requests, ensuring full RA understanding of the request and approach to resolutionSeize all opportunities to train RAs on the thought process behind the UA workReview and issuance of policy formsConduct weekly touch point with underwriters to review outstanding itemsCollaborate with Underwriter Analysts for support on needed corrections, process bottlenecks, etc.
