Underwriting Assistant - Sr. Underwriting Assistant
Company: James River Management Company
Location: Richmond
Posted on: January 27, 2023
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Job Description:
Come grow with James River Insurance! James River Insurance is an
excess and surplus lines segment of James River Group Holdings,
Ltd. and operates on an approved non-admitted basis in 50 states
and Washington, DC. Since 2003, James River has provided thousands
of commercial property and casualty customers with innovative and
creative solutions for particular insurance needs. At James River
Insurance, we are committed to providing a stable and rewarding
work environment supported by our Core Values and Guiding
Principles: Integrity, Accountability, Innovation, Customer
Service, Communication, and Teamwork. We are proud of our recent
national recognition as a 2022 and 2021 Top Workplaces USA awards.
James River Group Holdings, Ltd. is a Bermuda-based insurance
holding company which owns and operates a group of specialty
insurance and reinsurance companies. The Company operates in three
specialty property-casualty insurance and reinsurance segments:
Excess and Surplus Lines, Specialty Admitted Insurance and Casualty
Reinsurance. The Company tends to focus on accounts associated with
small or medium-sized businesses in each of its segments. Each of
the Company's regulated insurance subsidiaries are rated "A-"
(Excellent) by A.M. Best Company.Job SummaryThe Underwriting
Assistant provides support and assistance to all levels of
Underwriters, Underwriting Managers and Division Managers.
Essential duties include collecting and reviewing data for new and
renewal business and performing administrative duties for
underwriting as requested.
Duties and Responsibilities* Continuously exhibit and uphold Core
Values of Integrity, Accountability, Communication and Teamwork,
Innovation and Customer Service* Prepare and process policies and
endorsements for issuance in accordance with binders and
Underwriters instructions.* Code premium in accordance with
division guidelines and Underwriter instructions.* Assist in the
review of new and renewal submissions to determine if they meet
underwriting criteria, and for completeness of documentation.*
Request and review incoming Broker of Record letters, as
appropriate.* Request predetermined documentation from the broker
that will be required for rating, quoting, binding, and policy
issuance. * Review documentation as received and input into the
underwriting dashboard. * Set-up and diary for follow-up of
requested documentation and information.* Follow up for responses
to quotes for both new and renewal business.* Order loss
inspections and premium audits per division guidelines, diary for
receipt, and follow-up as needed.* Prepare and send Notices of
Cancellation, as requested. * Prepare quotes for extended reporting
period.* Research, document, and maintain reference materials, as
requested.* Other duties as assigned by the Division Manager
Knowledge, Skills and Abilities* Excellent written and verbal
communication skills.* High degree of personal initiative and self
motivation. * Ability to prioritize and handle multiple tasks in a
fast-paced environment.* Strong interpersonal skills and ability to
work in a team environment.* A commitment to providing superior
customer service.* Proficiency in MS office (Word, Excel,
Outlook)
Experience and EducationUnderwriting Assistant * High school
diploma required* Bachelor's Degree or 1-3 years equivalent work
experience* General knowledge of P&C insurance operations
preferred
Senior Underwriting Assistant* High school diploma required;
Bachelor's degree preferred* Minimum of five years insurance
operations experience required* Pursuing industry associated
classes, courses, and/or certificates preferred
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Keywords: James River Management Company, Richmond , Underwriting Assistant - Sr. Underwriting Assistant, Other , Richmond, Virginia
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