Underwriting Assistant

W.R. Berkley Corporation Schaumburg , IL 60196

Posted 1 week ago

Company Details

Berkley Professional was founded in October 2008 as an operating unit of W. R. Berkley Corporation, one of the nation's premier commercial property casualty insurance providers, by a team of management liability professionals with a combined total of over fifty years of experience in insurance and financial services. Backed by superior financial strength, Berkley Professional brings fresh capacity, underwriting .acumen, claims handling expertise, and extensive relationships with insureds and brokers to the management liability marketplace.

Since then, Berkley Professional has enjoyed calculated and consistent growth, while exceeding the needs of our business partners. We provide customized coverage solutions with fairness, responsibility and superior claims servicing. Berkley Professional continues to expand its product capabilities as well as geographic reach in order to better serve the dynamic management liability environment. This growth includes the addition of a dedicated Financial Institutions team as well as an experienced group of Transactional Liability underwriters furthering Berkley Professional's capabilities

Responsibilities

The Underwriting Assistant (UA) provides set up and administration assistance to the underwriting team. The UA will assist in the production and maintenance of business by providing administrative support to the underwriting department that is timely, efficient and representative of the high standards set forth by the company.

  • Enters submissions into underwriting system

  • Issuance of Accurate policy issuance

  • Process letters

  • Data management

  • Submission Entry

  • Document verification, processing and management

  • Attachment of documents

  • Compliance verification

  • Change of term reviews

  • Mid-Term transactions

  • Solicitation reviews

  • Invoice creation

  • Send documents to brokers upon Underwriter Request

  • Ad-hoc projects as needed

Qualifications

  • Must demonstrate a consistently high level of accuracy and organization

  • Display an understanding of all underwriting administrative and professional handling procedures; including familiarity with underwriting terminology.

  • Display a thorough understanding of all relevant software

  • Strong written and oral communication skills are necessary; problem solving and creative thinking skills are required.

  • Must be a customer service oriented, a team player, willing to learn, organized, detail-oriented and flexible.

  • Must have good analytical skills and the ability to exercise independent judgment.

  • Must be able to manage multiple priorities and deadlines.

Education

  • High School Graduate

  • College degree desired but not required

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. Salary Range: $50k-$70k The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role Responsibilities The Underwriting Assistant (UA) provides set up and administration assistance to the underwriting team. The UA will assist in the production and maintenance of business by providing administrative support to the underwriting department that is timely, efficient and representative of the high standards set forth by the company.

  • Enters submissions into underwriting system

  • Issuance of Accurate policy issuance

  • Process letters

  • Data management

  • Submission Entry

  • Document verification, processing and management

  • Attachment of documents

  • Compliance verification

  • Change of term reviews

  • Mid-Term transactions

  • Solicitation reviews

  • Invoice creation

  • Send documents to brokers upon Underwriter Request

  • Ad-hoc projects as needed

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