Underwriting Technician

Sompo International Alpharetta , GA 30023

Posted 2 weeks ago

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

We are seeking an Underwriting Technician, Inland Marine, located in our Alpharetta, GA office. This role is responsible for providing high level technical support to the Underwriter by assisting in evaluating the acceptability of risk and in the development, growth and maintenance of the portfolio while helping to manage client/broker expectations and while adhering to internal service standards. Responsibilities may include: account management, exposure rating, preparation and delivery of quotes, binders, policies, endorsements and service requests to both internal staff and external distribution partners within specific performance standards. This role also performs services including problem solving or research projects requiring insurance and procedural knowledge.

Responsibilities

  • Assists underwriters with reviewing submissions, rating accounts, drafting quotes, binders, policies and endorsements

  • Performs underwriting analysis and completes risk reports

  • Codes, bills, registers, processes and distributes insurance invoices, binders, policies and endorsement within processing standards established by leadership

  • Prepares all policies in accordance with final binders inclusive of review by underwriting staff

  • Initiates, completes and sends quote letters to brokers

  • Rates various lines of business following set workflows and guidelines

  • Contacts external distribution partners for any required or outstanding underwriting information; pre or post binding as needed to underwrite and complete file documentation

  • Implements and maintains a field service reputation that is recognized as superior in the industry

  • Provides support for file audits by maintaining files and conducting file reviews, QA/QC as needed

  • Initiates and completes pricing models

  • Monitors the in-office underwriting workflow to meet designated timelines established by management

  • Reviews and analyze facultative reinsurance certificates as determined by management

  • Assists with the appointment process for new agents

  • Facilitates event and meeting planning, including providing agendas and key data

  • Serves as first point of contact for loss control and claims

  • Returns of calls and e-mails promptly and in all cases, within 24 hours of receipt

  • Provides back up support to other Underwriting Technicians as necessary

  • Performs other special projects as assigned

Job Requirements:

  • 3+ years of related insurance experience as a technical/underwriting assistant

  • Knowledge of and willingness to work as a team, supporting internal and external customers

  • Ability and willingness to learn and understand terminology, coverages and appetite for specific industry groups and customers

  • Ability to identify problems and provide solutions

  • Strong written and oral communication skills

  • Microsoft Office - Proficiency in PowerPoint, Word, Excel, Outlook, NitroPro & ImageRight

  • Able to multi-task while demonstrating attention to detail

At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.  The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.  Below is a summary of our current comprehensive U.S. benefit programs:

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.

  • Pharmacy benefits with mail order options.

  • Dental benefits including orthodontia benefits for adults and children.

  • Vision benefits.

  • Health Care & Dependent Care Flexible Spending Accounts.

  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.

  • Company-paid Disability benefits with very competitive salary continuation payments.

  • 401(k) Retirement Savings Plan with competitive employer contributions.

  • Competitive paid-time-off programs, including company-paid holidays.

  • Competitive Parental Leave Benefits & Adoption Assistance program

  • Employee Assistance Program

  • Tax-Free Commuter Benefit

  • Tuition Reimbursement & Professional Qualification benefits

Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at www.sompo-intl.com


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