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Underwriting Assistant - Middle Market Solutions - Remote US

Company: Crum & Forster Holdings Corp.
Location: Morristown
Posted on: November 24, 2022

Job Description:

Crum & Forster Company Overview



Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies.



Approaching $4 billion in written premium as of 2021, C&F enjoys a financial strength rating of "A" (Excellent) by A.M. Best.



C&F is proud of its superior customer service platform and its claims and risk engineering services are recognized as among the best in the industry.



Our most valuable asset is our people -3000 + employees, and growing, in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning workplace and wellness awards.



C&F is part of Fairfax Financial Holdings, a global organization with $23.8 billion in revenue as of 2021.



For more information about Crum & Forster, please visit our website: www.cfins.com.



Job Description



Job Description Summary



BSG is looking for a professional self-starter and resourceful team player, who truly adds value to the underwriter desks they support, through proactive communication, strong organization skills and a collaborative underwriting mindset. With deep knowledge of company tools, rating methods and business unit goals, this individual serves as the backbone of the underwriting team facilitating efficient workflow to ensure internal and external deadlines are duly met. Knowledge of state rules a plus. With a strong ability to market face externally and manage agency communication effectively, this individual truly helps creates capacity on the underwriter's desk by taking on various tasks, both process and underwriting related.



Competent in all phases of the following areas: Business Unit specific product lines and coverage, knowledge of underwriting support processes/procedures/workflow, and awareness of local Business Unit Strategy. In addition: manages relationships with agents & wholesalers, as well as peers and business partners. This position may need to be available for agency visits. Responsible for managing assigned work, and resolving potentially conflicting priorities in collaboration with their leader.



What you will do:



* Partners with Underwriters to establish support needs for renewals and/or new business policies (i.e., identify/gather relevant account information to quote and/or bind the policy; create exhibits, etc.).

* Prepares documents and participate in pre-renewal meetings.

* Prepares underwriting/pricing exhibits (i.e., exposures, experience rating, profit and loss analysis, expense models, updated account information, etc.).

* Manages account documentation (i.e., proposals, agreement letters, reinsurance contracts, collateral agreements, policy change, endorsements, cancellations, etc.).

* Ensures accurate and timely servicing and billing of accounts.

* Communicates with brokers/agencies, wholesalers, and internal departments. (i.e., researches and resolves issues, responds to inquiries and questions).

* Coordinate with Operations Specialist to update internal systems and complete rating.

* Prepare quotes for UW by reviewing exposures and experience rating, updating account information, rates and adjusts the price, as requested.

* May complete renewals based on formal guidelines, commonly referred to as "Letter of Authority."

* Provides information for regulatory compliance (i.e., statutory filings, proof of insurance, certificates).

* Participates in projects/assignments as requested.



What you will bring to C&F:



* Three or more year's insurance experience related to rate, quote, and issuance of P&C Insurance is preferred.

* Bachelor's degree preferred but not required

* Proficient in Microsoft Office applications, Word, Excel, and Outlook

* Strong property knowledge a plus

* Independently able to assign class codes, handle bureau criticisms

* Continuous improvement mindset

* Demonstrates ability to access a situation promptly and take appropriate action

* Able to meet standards set by manager and able to set high standards for self

* Capable to work across complex organizations

* Effective communication skills, in person and virtual

* Comfortable with change

* Demonstrates ability to perform in a business professional manner with a positive attitude

* Demonstrates the ability and drive to seek development opportunities

* Ability to follow guidelines and best practices, and innovate, with an emphasis on quality and customer service



What C&F will bring to you



* Competitive compensation package

* Generous 401K employer match

* Employee Stock Purchase plan with employer matching

* Generous Paid Time Off

* Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing

* A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path

* A dynamic, ambitious, fun and exciting work environment

* We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community



At C&F you will BELONG



We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.



#LI-AV1



#LI-REMOTE



Responsibilities Job Description Summary BSG is looking for a professional self-starter and resourceful team player, who truly adds value to the underwriter desks they support, through proactive communication, strong organization skills and a collaborative underwriting mindset. With deep knowledge of company tools, rating methods and business unit goals, this individual serves as the backbone of the underwriting team facilitating efficient workflow to ensure internal and external deadlines are duly met. Knowledge of state rules a plus. With a strong ability to market face externally and manage agency communication effectively, this individual truly helps creates capacity on the underwriter's desk by taking on various tasks, both process and underwriting related. Competent in all phases of the following areas: Business Unit specific product lines and coverage, knowledge of underwriting support processes/procedures/workflow, and awareness of local Business Unit Strategy. In addition: manages relationships with agents & wholesalers, as well as peers and business partners. This position may need to be available for agency visits. Responsible for managing assigned work, and resolving potentially conflicting priorities in collaboration with their leader. What you will do: - Partners with Underwriters to establish support needs for renewals and/or new business policies (i.e., identify/gather relevant account information to quote and/or bind the policy; create exhibits, etc.). - Prepares documents and participate in pre-renewal meetings. - Prepares underwriting/pricing exhibits (i.e., exposures, experience rating, profit and loss analysis, expense models, updated account information, etc.). - Manages account documentation (i.e., proposals, agreement letters, reinsurance contracts, collateral agreements, policy change, endorsements, cancellations, etc.). - Ensures accurate and timely servicing and billing of accounts. - Communicates with brokers/agencies, wholesalers, and internal departments. (i.e., researches and resolves issues, responds to inquiries and questions). - Coordinate with Operations Specialist to update internal systems and complete rating. - Prepare quotes for UW by reviewing exposures and experience rating, updating account information, rates and adjusts the price, as requested. - May complete renewals based on formal guidelines, commonly referred to as "Letter of Authority." - Provides information for regulatory compliance (i.e., statutory filings, proof of insurance, certificates). - Participates in projects/assignments as requested. What you will bring to C&F: - Three or more year's insurance experience related to rate, quote, and issuance of P&C Insurance is preferred. - Bachelor's degree preferred but not required - Proficient in Microsoft Office applications, Word, Excel, and Outlook - Strong property knowledge a plus - Independently able to assign class codes, handle bureau criticisms - Continuous improvement mindset - Demonstrates ability to access a situation promptly and take appropriate action - Able to meet standards set by manager and able to set high standards for self - Capable to work across complex organizations - Effective communication skills, in person and virtual - Comfortable with change - Demonstrates ability to perform in a business professional manner with a positive attitude - Demonstrates the ability and drive to seek development opportunities - Ability to follow guidelines and best practices, and innovate, with an emphasis on quality and customer service

Keywords: Crum & Forster Holdings Corp., Newark , Underwriting Assistant - Middle Market Solutions - Remote US, Other , Morristown, New Jersey

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