Job Description
Wholesale Underwriting Assistant
Job Summary
A leading national wholesaler is seeking a proactive Wholesale Underwriting Assistant to join their dynamic team. The ideal candidate will excel in customer service and play a crucial role as a technical support resource within the growing binding & brokerage department. Working closely with in-house underwriters, you will facilitate the processing of endorsements, prepare quotes, and manage bind orders.
Responsibilities
- Assist with audits, binders, invoicing, and endorsements by effectively managing all company correspondence in a timely manner.
- Respond promptly to inquiries and requests from the brokerage team, underwriters, retailers, and managers regarding account servicing issues.
- Cultivate professional relationships with clients and underwriters to foster new and ongoing business connections.
- Ensure adherence to departmental procedures with a focus on accuracy, efficiency, and compliance standards.
- Serve as a liaison between clients and underwriters to manage all account documentation.
- Initiate cancellation and non-renewal notices in accordance with statutory and contractual requirements.
- Maintain and follow up on the suspense system to ensure timely receipt of policies, endorsements, inspection reports, correspondence, and claims from external sources.
- Stay updated on industry trends and developments through virtual workshops, seminars, literature reviews, and continuing education programs.
- Order inspections as necessary and manage renewal orders within the company portal.
Qualifications/Requirements
- Strong organizational skills with the ability to prioritize tasks effectively.
- Excellent written and verbal communication abilities.
- Detail-oriented with a focus on accuracy and problem-solving skills.
- Proficiency in Microsoft Office Suite and familiarity with insurance industry software.
- Ability to work both independently and collaboratively in a fast-paced environment.
- Preferred Agency Management System Experience: AIM, ImageRight
- A minimum of 1 year of wholesale experience is required.
- Previous wholesale, E&S, binding, and brokerage experience is required.
- Above average computer skills with the capacity to master essential software programs.
Compensation Package
- Excellent opportunities for professional growth and advancement.
- Competitive compensation: Between $55K-$65K (based on experience) + annual bonus opportunity.
- Paid time off and company holidays.
- Comprehensive benefits package, including health, dental, vision, 401(k), and more.
- Fully remote work schedule available.
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.