Amwins · 2 weeks ago
Associate Underwriter - Inland Marine
Amwins is a company focused on underwriting services, seeking an Associate Underwriter to support their underwriting functions. The role involves risk evaluation, managing submission data, and collaborating with underwriters and brokers to ensure efficient workflow from submission to policy issuance.
Insurance
Responsibilities
Organizing incoming submission data for underwriter; alert any ‘red flags’ (i.e. recommend decline based on Risksmith appetite, etc.); support documentation and file management protocols; gather and enter risk information into quote and pricing tools; evaluate loss and coverage for the underwriter
Support the underwriter and agent/broker with highly responsive service by managing the workflow of moderate to complex account work from clearance through policy issuance and file documentation
Acts as key liaison to Operations for business process creation/improvement and automation design efforts
Review upcoming in force renewal list; 120-day window
Collaborate with Underwriter on renewal plans, i.e. ‘quick’ rollover renewals, re-underwrite, non-renew, renewal solicitation emails, etc
Send declinations on new business risks representing ineligible classes and size, ensure declinations recorded in the appropriate systems (DMS, ALIS)
Triage incoming renewal submissions: verify SOV, identify anomalies/errors and missing information and correspond with broker to resolve
Format SOVs for Geocoding and SpatialKey import
Begin account summary process; OctoCapp/CapApp data entry as needed
Assess and confirm specific actions with underwriter, acting within authority guidelines
Calculate APs and RPs. Hand-off to Risk Analysts to facilitate the processing of service requests
Deconstruct complex requests, ensuring full RA understanding of the request and approach to resolution
Seize all opportunities to train RAs on the thought process behind the UA work
Review and issuance of policy forms
Conduct weekly touch point with underwriters to review outstanding items
Collaborate with Underwriter Analysts for support on needed corrections, process bottlenecks, etc
Qualification
Required
Minimum 3 years commercial property experience
Preferred
Inland Marine experience preferred
Benefits
Medical
Dental
Life
Disability
401(k)
Company
Amwins
Amwins is the largest wholesale distributor of specialty insurance products and services in the U.S.
Funding
Current Stage
Late StageRecent News
The Business Journals
2024-04-25
Insurance Business America
2024-04-25
2024-04-25
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