Underwriting Assistant

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. Job Summary Entry of all rating information for applications, quotes, change requests and renewals after underwriter has approved. All work processed according to Underwriting Assistant Associate authority level. The primary goal is to produce quality, technical assistance to our insureds, agents, co-workers and to meet service standards. Essential Functions Maintain familiarity with state insurance regulations, critical thinking as it pertains to perils and exposures of a risk, program underwriting guidelines and filings, and ISO rules for all states within the underwriting territory. Entry of rating while targeting premiums required for all lines of business. Rate renewal business 90-120 days prior to expiration date based on program guidelines. Prepare and rate new business submissions as directed by Underwriter. Prepare reports for underwriting including, but not limited to, coversheets, building valuations, flood zone determinations, specific rating and specific peril reports by location. Set up policies for issuance 30 days prior to effective date including, but not limited to filing paperwork, selecting proper forms and making pre-bind changes if necessary. Additional Responsibilities Provide support for other Underwriting Assistants including, but not limited to making sound rating decisions and being a back up to a fellow associates when they are out of the office. Complete additional consumer requests such as binders, premium breakdowns, and filing documents. Assist the Underwriter in building relationships and keeping open communications within the Underwriting Department, other departments within McNeil and Company, and occasionally any external customers. Assist the Underwriter in mentoring the Commercial Lines Policy Analyst. Other duties as assigned. Knowledge, Skills, and Abilities High School diploma required. College Education & or General Insurance Classes preferred. Three years commercial lines insurance experience preferred. Strong analytical & interpersonal skills with attention to detail. Ability to work independently and carry out assignments to completion. Manage competing priorities and maintain required production levels. Organization and decision making skills needed. Comply with accepted underwriting practices and underwriting. Meet expectations for attendance and punctuality. Excellent oral and written communication skills. Computer experience in a windows-based environment required. 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. $45,000 - $50,000/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 isnt the right fit but youre 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 Archs Talent Acquisition team. 20200 McNeil & Company, Inc. Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career. Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal. Please know the following about our interviewing and hiring practices. We never make job offers without a formal, in person, interview process. We never ask you to send money of any kind.