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Insurance Assistant Underwriter

Beyond Risk Management, Inc.
Rolling Meadows, IL Full Time
POSTED ON 2/13/2025
AVAILABLE BEFORE 5/10/2025

About Origin Specialty :

We aim to be the nation's preferred specialty insurance provider for small and mid-sized risks. We provide insurance product solutions that protect against risk with our deep understanding of client needs and a willingness to redefine the boundaries of industry standards.

We work hard to create excellent broker experience, while preserving the integrity of the underwriting process. We have a keen understanding of what matters most to specialty insurance agents and brokers and know how important it is to manage risk in today's increasingly competitive and fast-moving environment. We serve our select group of partners with unwavering focus. Our agile specialists look at risk differently, underwrite it carefully and together with our partners, find the rewards others cannot.

Our clients benefit from our financially secure A- or better rated insurance carriers, broad industry-specific coverages, and exemplary service from seasoned underwriters.

Job Summary :

As an Insurance Assistant Underwrite r at Origin Specialty, you will play a vital role in supporting the underwriting team, focusing on evaluating and managing renewal insurance applications. Your contributions will ensure the underwriting process's accuracy, efficiency, and compliance. Working closely with underwriters, you'll help assess risks, review documentation, and assist in the decision-making process for policy issuance.

Key Responsibilities :

  • Application Review :

Review and assess insurance applications and related documentation.

  • Verify applicant information for accuracy and completeness.
  • Data Analysis :
  • Analyze risk factors and insurance data to assist underwriting decisions.

  • Apply underwriting guidelines and tools to classify risks.
  • Documentation & Reporting :
  • Maintain accurate records of underwriting decisions and processes.

  • Generate reports to support reviews and audits.
  • Communication :
  • Collaborate with brokers, agents, and clients to gather and clarify information.

  • Communicate underwriting decisions and provide feedback.
  • Compliance :
  • Ensure underwriting activities comply with company policies and regulations.

  • Assist in monitoring and updating procedures as needed.
  • Team Support :
  • Provide administrative support to senior underwriters and the team.

  • Help prepare presentations, training materials, and other relevant documentation.
  • Qualifications :

  • Education : Bachelor's degree in Business,
  • Experience : 3-5 years of property and casualty underwriting experience is required. Insurance field experience preferred.
  • Skills :
  • Strong analytical and problem-solving skills.

  • High attention to detail and accuracy.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
  • Ability to work independently and as part of a team.
  • Effective communication and interpersonal skills.
  • Competencies :

  • Risk Assessment : Ability to evaluate and assess risks effectively.
  • Customer Service : Commitment to providing excellent service to both internal and external stakeholders.
  • Organizational Skills : Capable of managing multiple tasks and meeting deadlines.
  • Adaptability : Willingness to learn and adapt to new processes and tools.
  • What We Offer :

  • Hybrid work model with a requirement to be in the Rolling Meadows, IL office three days per week, with consideration for those preferring a downtown Chicago location.
  • Collaborative and dynamic team environment with opportunities for professional growth and development.
  • Medical and Dental Insurance (including 100% employer-paid plans)
  • 401(k) plan
  • PTO and 12 paid holidays
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