What are the responsibilities and job description for the Assistant Underwriter position at BITCO Insurance Companies?
BITCO Corporation , headquartered in Davenport, Iowa, is seeking an Assistant Underwriter for our branch office located in Charlotte NC. With 11 branch offices in 10 states, BITCO provides quality property and casualty insurance services to specialized industries including construction, forest products and oil & gas. This position is eligible for a hybrid work schedule.
Position Summary :
This position provides key functional support to the local Underwriting team through a variety of functions that include new and renewal policy set up, account analysis, account coordination, data collection and information follow-up.
Primary Responsibilities :
- Review new business submissions and enter into the policy system; review for fit within underwriting guidelines
- Performs loss analysis and reviews other important detail and documentation on applications and accounts
- Prepare issuance instructions according to either a completed proposal or binder order
- May provide a full range of Underwriting support on smaller, less complex accounts
- Collaborates with Underwriting team on quotes, renewals, applications, changes, and Underwriting issues
- Builds and maintains effective relationships with agents, providing prompt service on questions, requests, and / or issues
- Develops information for special reports and projects, as requested by Underwriting team or management
- Initiates requests for renewal information and orders Experian or other investigative reports; initiates appropriate risk control service
- Administers changes to new and renewal policies, utilizing the company's current rating / publishing system and ISO, NCCI, and related on-line manuals
- Calculates premiums for endorsements and cancellations of policies
- Works with internal billing team to resolve any issues related to billing on accounts
- Coordinates account details and documentation, such as file set-up, follow up on endorsements, form completion, and proofreading
- Performs other duties as assigned
Qualifications :
Work Environment & Physical Requirements :
Benefits :
