Underwriting Assistant Job at Berkley
Company Details:
Since May, WRB Specialty has established proof of concept, commenced trading and in year one expects to bind USD 5m of business in a market where clients and business partners alike need solutions. We provide Commercial Property coverage with fairness, responsibility and superior claims servicing through a targeted broker distribution network and with superior service levels. In 2023 WRB Specialty plans to expand its underwriting capabilities in order to better serve the dynamic commercial property environment.
This is an opportunity to join a nimble and efficient team, working closely with key decision makers and will offer opportunity to develop professionally in a rapidly changing market place.
In 2023 the team will consist of three people, all based in New York City.
The company is an equal employment opportunity employer. Responsibilities:
Qualifications:
WRB Specialty started trading in the United States in May 2022 as a division of WRB Underwriting (Lloyd’s Syndicate), an operating unit of W. R. Berkley Corporation, one of America’s premier commercial property and casualty insurance providers. WRB Specialty brings fresh capacity, underwriting acumen, claims handling expertise, and extensive relationships with insureds and brokers to the Commercial Property marketplace.
Since May, WRB Specialty has established proof of concept, commenced trading and in year one expects to bind USD 5m of business in a market where clients and business partners alike need solutions. We provide Commercial Property coverage with fairness, responsibility and superior claims servicing through a targeted broker distribution network and with superior service levels. In 2023 WRB Specialty plans to expand its underwriting capabilities in order to better serve the dynamic commercial property environment.
This is an opportunity to join a nimble and efficient team, working closely with key decision makers and will offer opportunity to develop professionally in a rapidly changing market place.
In 2023 the team will consist of three people, all based in New York City.
The company is an equal employment opportunity employer.
The
Underwriting Assistant (UA) will provide set up and administration assistance to the underwriting team. The UA will assist in the production and maintenance of business by providing administrative support to the underwriting department that is timely, efficient and representative of the high standards set forth by the company. Key functions include but are not limited to:
Enters submissions into underwriting system- Accurate policy issuance
- Process letters
- Data management
- Document verification, processing and management
- Attachment of documents
- Compliance verification
- Change of term reviews
- Mid-Term transactions
- Solicitation reviews
- Invoice creation
- Broker communication
- Ad-hoc projects
Qualifications:
- High School Graduate
- College degree desired but not required
- Must demonstrate a consistently high level of accuracy and organization
- Develop an understanding of administrative and professional procedures; including familiarity with underwriting terminology
- Display a thorough understanding of all relevant software
- Strong written and oral communication skills are necessary; problem solving and creative thinking skills are required
- Must be customer service oriented, a team player, willing to learn, organized, detail-oriented and flexible
- Must have good analytical skills and the ability to exercise independent judgment
- Must be able to manage multiple priorities and deadlines
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