Quaker Special Risk was acquired by Jencap in 2020, bringing even greater deep industry knowledge and coverage access to our agents and brokers. As we have grown in size and scope, as has our commitment to innovation, service, and superior coverage. Our goal continues to be to provide insurance agents and brokers with unique insurance solutions for even their most challenging risks.

The Assoicate Producer/Underwriter is a critical role and is involved with working closely with underwriters to become familiar with their underwriting processes. This role will facilitate new business and renewal set ups and endorsement processing under the direction of the Underwriter.

This role will work a hybrid schedule in our Red Bank, NJ office.

Responsibilities:

• Develop the ability to perform risk selection and analysis by examining and evaluating documents such as application forms, inspections reports, financial reports, product brochures, company referral agreements, and other pertinent documents to determine the degree of risk, underwriting and market selection.
• Build relationships with agents through in-house placement of new business.
• Effectively communicate with agent or broker clients, company underwriters, internal staff and management to obtain additional information, quote rates, as well as servicing existing accounts.
• Connect with carrier underwriters to assist in learning coverage, guidelines, and technology.
• Develop information for the processing of new or renewal policies ie. loss runs etc. utilizing knowledge of automated systems.
• Prepare quotations and proposals for broker client and assist underwriter by answering or fielding questions from broker clients and company personnel. Enter and/or research information in the company imageright system and apply this information in accordance with department workflow procedures.
• Assist underwriters by handling broker's verbal and written requests or comments concerning applications, endorsements, and cancellations. Assist underwriters by processing a preliminary evaluation of company loss experience for individual accounts.
• Process policies (incl. of new, renewal, and endorsements) in all areas via both company automated systems and manually, including maintenance of policy logs and policy distribution.

Requirements:

• Bachelor's Degree Preferred.
• 3-5 years of similar related job experience.
• Experience with Non-Standard Market Underwriting a plus