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Underwriting Associate

Company: American European Insurance Group, Inc.
Location: Cherry Hill
Posted on: January 16, 2022

Job Description:

The Underwriting Associate/Assistant will be responsible for providing support to an Underwriter by preparing information for a variety of reports and documents, processing inquiries and forms and communicating with outside sources.

REPORTING RELATIONSHIP : Sr. Underwriting Manager

Essential Job Duties & Responsibilities
Review applications, renewals, and change requests, gathering all required information to make decisions regarding risk acceptability and pricing.
Communicate with agents to obtain additional information as needed, or to confirm risk acceptance, declination or modifications.
Underwrite and process smaller new business, renewals and endorsements within prescribed limits of authority.
Apply knowledge of coverage forms, rating plans and guidelines in selection and pricing of individual risks and change requests
Ensure adequate pricing through accuracy of information, proper classification and adherence to company underwriting standards and philosophies
Compute rates on applications, renewals and change requests, and process the associated policies and endorsements.
Support underwriting decisions through file preparation and documentation; ordering and following up on loss control inspections; and preparing referrals to Underwriter or Management when necessary.
Provide superior customer service to an assigned group of agent partners.
Act as a resource for team assistants to develop and strengthen their Underwriting and processing skills.
Handle special projects and assignments as direct
Experience / Qualifications:
License/Certification/Designation:CPCU certification or other certifications desired.
Education:Undergraduate degree in business administration, insurance, risk management, economics or finance required.
MINIMUM JOB REQUIREMENTS:
Excellent verbal and written communication skills
The ability to multitask and prioritize work in a fast paced environment
Excellent attention to detail
The ability to work independently and proactively in an orderly and timely manner
Attention to detail and analytical with effective problem solving skills
The capacity to develop positive working relationships with both team members and agent partners by working to find mutually beneficial solutions and options
Proficiency in Microsoft - Word, Excel and Outlook is preferred
Prior Property and Casualty Insurance Underwriting experience is preferred.

AEIG is an equal opportunity employer. It is the policy of AEIG to provide employment opportunities without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or military affiliation, membership, requirements, obligations or status. '

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Work Location:
One location

Work Remotely
Temporarily due to COVID-19

Job Type: Full-time

Salary: Up to $45,000.00 per year

Benefits
401(k)
401(k) matching
Dental insurance
Employee assistance program
Employee discount
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Referral program
Tuition reimbursement
Vision insurance

Physical Setting
Office

Schedule
8 hour shift
Monday to Friday

Education
Associate (Preferred)

Experience
Prior Property and Casualty Insurance Underwriting: 1 year (Required)

License/Certification
CPCU certification or other certifications (Preferred)

Work Location: One location

Employment Type: Full Time

Years Experience: 1 - 3 years

Salary: $45,000 - $50,000 Annual

Bonus/Commission: No

Keywords: American European Insurance Group, Inc., Cherry Hill , Underwriting Associate, Other , Cherry Hill, New Jersey

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