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63 technical underwriting assistant Jobs in chicago, il

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Underwriting Assistant
Core specialty Chicago, IL
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$59k-75k (estimate)
Full Time 1 Week Ago
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Core specialty is Hiring an Underwriting Assistant Near Chicago, IL

This role will be responsible for providing administrative and underwriting support to the underwriting team within the E&O Division which includes LPL.
Key Accountabilities/Deliverables:
  • Creating new business accounts in the appropriate system(s) and filing all relevant documentation
  • Processing and issuing policies independently, accurately, and within established standards
  • Processing and issuing monied and non-monied endorsements independently, accurately, and within established standards
  • Booking accounts: confirm all binder information is accurate in appropriate system(s) before advancing the policy to the billing phase.
  • Processing BORs: edit form letter for both the original and selected broker, send letters to the appropriate brokers, and update the records in appropriate system; file documentation electronically
  • Provide general assistance and support to underwriters, brokers, and other internal departments [IT, billing, claims, operations, etc.]
Technical Knowledge and Understanding:
  • Knowledge of Professional Liability insurance industry E&O and LPL (preferred)
  • Basic knowledge of insurance company operations, or similar experience.
Experience:
  • 2 years in the professional/management liability marketplace or other Insurance experience
  • Prior Insurance Company or MGU experience (preferred)
  • Prior E&O and LPL experience preferred.
  • Experience working with support services, including IT and operations
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

Job Summary

JOB TYPE

Full Time

SALARY

$59k-75k (estimate)

POST DATE

06/17/2024

EXPIRATION DATE

07/06/2024

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The following is the career advancement route for Underwriting Assistant positions, which can be used as a reference in future career path planning. As an Underwriting Assistant, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Underwriting Assistant. You can explore the career advancement for an Underwriting Assistant below and select your interested title to get hiring information.

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