What are the responsibilities and job description for the Assistant Underwriter position at Lockton, Inc.?
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
- Opportunities for growth and advancement, including paid training and professional development
- 12-week paid parental leave
- A huge emphasis on community involvement
- Frequent athletic and wellness events
- Incredibly generous rewards; US Associates receive a Rolex for their 10 year anniversary!
Lockton Affinity, located in Overland Park, Kansas, is currently hiring for a person to join the Underwriting team as an Assistant Underwriter. Our Underwriting team serves as an insurance industry advocate with a focus on improving the customer experience by understanding their risk and properly insuring their exposures. This position will be responsible for qualifying individual risks in accordance with our underwriting guidelines.
YOUR RESPONSIBILITIES
- Follow established procedures for reviewing new and renewal applications, assessing risk eligibility, and providing competitive pricing guidance.
- Communicate with internal and external customers to gather and analyze insurance information, supporting underwriting activities such as quoting, binding, issuing, and endorsing policies.
- Ensure compliance with referral criteria outside of underwriting authority.
- Prepare files for underwriter approval outside of authority by performing preliminary review and evaluation of the risk.
- Document and communicate policy approvals or rejections to the underwriting team and customers in a timely manner.
- Review and process transactional items for individual risks.
- Perform other work-related duties and projects as assigned.
- Bachelor’s degree or other relevant study preferred.
- 2-5 years of experience in commercial Property and Casualty insurance, with a solid understanding of relevant concepts, practices, and procedures.
- Rating and underwriting experience.
- Ability to work independently and exercise good judgement in accordance with regulatory and carrier requirements for moderately complex items.
- Proficiency in Microsoft Office products.
- Strong mathematical skills.
- Excellent verbal and written communication skills.
- Strong organizational and time management skills to meet deadlines.
The preceding job description has been designed to indicate the general nature and level of work performed by Associates within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of Associates assigned to this position.
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000 Associates doing business in over 100 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
