Underwriting Assistant
W.R. Berkley Corporation
2021-12-03 07:36:29
Jersey City, New Jersey, United States
Job type: fulltime
Job industry: Insurance & Superannuation
Job description
Company Details
W.R Berkley Corporation, founded in 1967, is one of the nation's premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis. We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers' compensation, along with claim services, providing expertise to meet the unique business needs of our customers.
Responsibilities
* To review, log and process new business submissions into the Berkley Underwriting System (BUS) based upon predefined guidelines. Responsibilities include submission clearance, and issuing declination and deferral letters to the brokers. Additional duties may include MVR ordering, customer contact input and other Underwriting Assistant duties.
* Review incoming new business submissions for completeness and class of business.
* Based upon predefined guidelines, either clears the submission in BUS and send to underwriting group, process deferral letter to broker to obtain missing information or process declination letter for business that we do not write.
* The clearance specialist may also be called upon to mail and facsimile coordination, including stamping and distributing incoming mail and facsimiles, sending facsimiles setting up regular and overnight packages for mailing.
* Assist with document imaging process, backup receptionist duties and all other duties assigned.
Qualifications
* 5-7 years in the insurance industry knowledge
* Knowledge of insurance industry terminology, ability to learn and clearly understand the various stages of submission processing, ability to learn systems and understand the need for follow up and timely processing, will have a working knowledge of BUS or similar support systems, personal computer software packages such as word processing, spreadsheet and presentation software
* Demonstrates strong written and oral communications skills
Additional Company Details
The Company is an equal employment opportunity employer.
Additional Requirements
Must be fully vaccinated and remain fully vaccinated against COVID-19.* *Per the CDC, fully vaccinated means at least 2 weeks after (1) a second dose in a 2-dose series, or (2) a single-dose vaccine, and this status and definition applies to COVID-19 vaccines currently authorized for emergency use or approved by the U.S. Food and Drug Administration. Responsibilities - To review, log and process new business submissions into the Berkley Underwriting System (BUS) based upon predefined guidelines. Responsibilities include submission clearance, and issuing declination and deferral letters to the brokers. Additional duties may include MVR ordering, customer contact input and other Underwriting Assistant duties. - Review incoming new business submissions for completeness and class of business. - Based upon predefined guidelines, either clears the submission in BUS and send to underwriting group, process deferral letter to broker to obtain missing information or process declination letter for business that we do not write. - The clearance specialist may also be called upon to mail and facsimile coordination, including stamping and distributing incoming mail and facsimiles, sending facsimiles setting up regular and overnight packages for mailing. - Assist with document imaging process, backup receptionist duties and all other duties assigned.