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Specialty Assistant Underwriter
- Philadelphia Insurance Companies (Roseville, CA)
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Description
Marketing Statement:
Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.
We are looking for a Specialty Assistant Underwriter to join our team!
Summary:
Provides support to Specialty Underwriting units by handling system and/or manual policy creation, system and/or manual endorsement creation, and other basic underwriting functions as assigned.
A typical day will include the following:
Communicates with appropriate colleagues about needs, changes or concerns regarding assigned accounts.
Understands key components of common products in the insurance segment.
Verify and validate billing information for processing into Billing System.
Performs pre-analysis support for binders, policies, endorsements, and other incoming documents based upon predefined underwriting rules and/or guidelines.
Works with and between departments for successful resolution of issues.
Exercises template based Underwriting Authority (predefined risk selection criteria) for renewals and midterm change requests.
Documents relevant business information by tracking and capturing information for endorsements, policy creation and policy issuance; and maintains the account and endorsement logs
Order and track inspections
Order and process audits
Generates Broker correspondence in electronic format (i.e., e-mail) related to transaction processing and informational follow up requests using freeform letters, predefined or approved templates.
• Additional Job Description
o High School Diploma
o Three years of related experience in the insurance industry preferred
o Works under close supervision
• Position can be located anywhere in the Central or Western Time Zone
• CA Pay Range $55,000 - $65,000.
• Ultimate salary offered will be based on factors such as applicant experience and geographic location.
EEO Statement:
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.
Benefits:
We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.
Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx
REQNUMBER: 10000705
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