Underwriting Assistant Job at Specialty Insurance Group – 4.5 in Indianapolis, IN
Specialty Insurance Group
Everest Re Group, Ltd. (“Everest”) is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.
Everest Insurance ® markets property, casualty, specialty and other lines of admitted and non-admitted direct insurance on behalf of Everest Re Group, Ltd., and its affiliated companies. Drawing upon impressive global resources and financial strength, Everest has the ability to tailor each policy to meet the individual needs of our customers. Our vast portfolio of products, coupled with a full array of claims and loss control services, gives us the depth to manage virtually any kind of risk. Our commitment is to be timely in our response, creative in our offering and diligent in our effort to achieve mutual success with our business partners.
Why Join Us
Everest is a dynamic global reinsurance and P&C insurance organization, ranked within the top ten P&C insurers in the world. Highly diversified, Everest delivers innovative solutions to clients helping them achieve their goals and manage their risks while providing a stable portfolio for our shareholders. We can attribute much of our success for functioning more like a small company, in a disciplined environment with an entrepreneurial spirit. Combining the financial stability usually associated with large organizations with the creativity and flexibility of smaller ones, Everest creates the ideal blend.
Our strength is in our people
Working in a flat organization requires everyone to contribute meaningfully. Everest offers a fast-paced, collaborative work environment in a culture that empowers, challenges and stimulates employees to thrive and achieve their potential with ample opportunity for growth.
The Specialty Insurance Group (SIG) of Everest Insurance, a member of the Everest Re Group, Ltd. is looking for an Underwriting Assistant to join our Carmel, IN office.
The Underwriting Assistant will coordinate with Underwriting and Operations to perform rating, policy issuance, and policy servicing related duties. You will be assigned market segments, independently rate specific lines of business as may be assigned by Underwriting and issue policies using forms designated by the Underwriters. You will work with agents and brokers servicing accounts that are bound including issuance of binders, invoices, endorsements and certificates of insurance after those requests have been approved and cleared by Underwriters.
Essential Job Functions and Scope (includes but is not limited to):
Coordinate with Underwriters in rating any lines of business and using appropriate rates either through company rating system or manual rating
Process binders and invoices through the SIG Agency Management System (ConceptOne) according to Underwriter’s instructions
Issue policies that have been quoted and bound using approved forms
Service policies by issuing endorsements designated by Underwriters using approved forms
Achieve SIG servicing goals as established by Everest and SIG Senior Management
Ensure that all materials required for file documentation are included in the document retention system and work with the file Underwriter should the file have documentation shortcomings
Develop and maintain proficiency in Everest policy issue and rating system as well as for all other non-Everest markets
Provide accurate data input as part of rating and policy issuance and servicing responsibilities
Stay current on relevant policy forms that are utilized in SIG’s areas of specialization
Participate in SIG training program to maintain understanding of SIG underwriting programs
Work on special projects for Underwriting and Operations as assigned
In addition to the Essential Functions, also performs similar work-related duties as assigned.
Qualifications, Education & Experience:
Bachelor’s degree preferred, Risk Management/Insurance major is a plus
A minimum of 3 years of insurance industry experience
Knowledge, Skills & Competencies:
Knowledge of commercial property & casualty insurance policies, terminology and processing procedures
Knowledge and proficiency in utilizing Microsoft Office Suite software applications
Strong organizational and prioritization skills
Strong interpersonal skills, including phone skills with the ability to work collaboratively with various levels within the organization
Experience in ODEN, Policy Decisions or Concept One systems a plus
Developing Subject Matter Expertise
Attention to Detail
Results Oriented Ability to champion the Everest Insurance Culture:
As an effective team member, the for Everest Insurance must champion the Everest Insurance Culture:
- Collaboration: Open and transparent communication with customers and colleagues
- Thoughtful Assumption of Risk: Supporting the Everest goal of carefully writing profitable business by ensuring data quality, prompt and accurate feedback to Underwriters, and operational control throughout the enterprise.
- Execution: Delivering outstanding support to the organization through strong day-to-day business operations, effective project management, and careful oversight of vendors.
- Humility: Caring and respectful approach to service colleagues, customers, and the community.
- Leadership: By example, every day.
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Talent Acquisition at 1-908-604-3000.
About the Company
Company: Specialty Insurance Group – 4.5
Company Location: Indianapolis, IN