What are the responsibilities and job description for the Underwriting Specialist - Commerical Auto position at AssuranceAmerica?
Our Company
At AssuranceAmerica, we are more than a unique blend of insurance assets. We believe in creating a culture where every associate has the opportunity to learn and grow. We strive to create a work environment to meet associate needs and we are determined to achieve excellence in everything we do.
This is an opportunity to join a dynamic team in a company that has an entrepreneurial style. This position will require someone with an understanding that one needs to have a “roll up your sleeves” attitude to help make things happen.
Job Summary
This position is responsible for deciding the appropriate premium or terms for Commercial Auto policies while adhering to compliance regulations; key responsibilities include reviewing applications, verifying information, evaluating risk factors, and making informed decisions regarding coverage.
Job Responsibilities
Formal Education & Certification
Undergraduate college degree in RMI or related field. Equivalent experience will be considered.
Knowledge & Experience
At AssuranceAmerica, we are more than a unique blend of insurance assets. We believe in creating a culture where every associate has the opportunity to learn and grow. We strive to create a work environment to meet associate needs and we are determined to achieve excellence in everything we do.
This is an opportunity to join a dynamic team in a company that has an entrepreneurial style. This position will require someone with an understanding that one needs to have a “roll up your sleeves” attitude to help make things happen.
Job Summary
This position is responsible for deciding the appropriate premium or terms for Commercial Auto policies while adhering to compliance regulations; key responsibilities include reviewing applications, verifying information, evaluating risk factors, and making informed decisions regarding coverage.
Job Responsibilities
- Review incoming applications and all attachments
- Determine application acceptability
- Ensure compliance with industry and company policies
- Accurately perform multiple tasks within required timeframes
- Demonstrate understanding of regulatory/statutory requirements
- Properly utilize the policy management systems and understand their features and functionalities
- Process changes to policies, ensuring changes are within the underwriting guidelines
- Attend, participate, and contribute to department meetings
- Meet established department goals and objectives
- Organize work schedule to achieve timely processing of all responsibilities
- Respond to Agent and Insured incoming calls
- Willingly expend the necessary time beyond scheduled work hours to assist with deadlines
- Abide by all company or department policies
- Perform other duties as assigned by Underwriting Supervisor
- Provide strong team focus
Formal Education & Certification
Undergraduate college degree in RMI or related field. Equivalent experience will be considered.
Knowledge & Experience
- Minimum of 1 year of general insurance experience; and
- 1 year of personal lines experience; and
- Knowledge of underwriting principles and statutory requirements.
- Must be able to work in a fast-paced automated production environment.
- Excellent PC skills are required.
- Must have the ability to make autonomous decisions based on multiple facts.
- Works as a team player.
- Must be professional and maintain acceptable level of integrity and professionalism.
- Bi-lingual (English & Spanish) preferred
