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Underwriting Assistant | Underwriting Assistant in Insurance Job Job at Chubb in Philadelphia PA |1

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Underwriting Assistant

Location:
Philadelphia, PA
Description:

JOB DESCRIPTION Under supervision, provide technical underwriting and administrative support for less complex assigned National Accounts while adhering to published National service standards. The lines of coverage include Workers Compensation, General Liability, and Auto Liability. The program structures are Loss Sensitive/Guaranteed Cost. Major Duties & Responsibilities : Assist in pre-renewal strategy discussion on all assigned renewals. Review renewal and new business submissions for completeness. Reach out to the broker for missing information in tandem with the Underwriter. Send renewal letters to brokers for upcoming accounts and request policy numbers. Identify proper forms and endorsements used in go forward renewal policy construction in tandem with the Underwriter. Complete and submit accurate rating instructions for workers' compensation, general liability, and automobile liability lines of business to the processing center. Review for accuracy. At the Underwriter's direction: Pull loss runs; Input historic loss and exposure data into ACES templates and outline Year over Year changes. Process Auto UM/UIM forms, Auto DMV reporting, WC Posting notices, Auto Filings, and Workers Compensation CAT & Industrial Aircraft models. Pull and save audits. Complete comparisons year-over-year with various tools. Follow up for missing information and process and submit policy issuance instructions on behalf of the Underwriter for both domestic and incidental foreign casualty. Interface with the processing center to ensure all questions are addressed to ensure proper quality work product. Review policies upon receipt for accuracy, submit corrections, and ensure policy delivery to brokers. At the Underwriter's direction, may complete an ANF (Account Notification form). Mail off notices of elections to specific States. Submit endorsement requests to the processing center. Process workers' compensation bureau criticisms and submit endorsement requests as needed. Work closely with States and internal and external trading partners to bring about a conclusion in a timely fashion, particularly if there are fines involved. Maintain service standards for all the above transactions by providing timely responses to broker requests and timely receipt of underwriting information. Communicate with all levels of employees, including, but not limited to, producers and internal personnel, to confirm or obtain data needed for policy issuance and servicing. Properly document all files within established due dates. Ability to effectively manage, organize, and prioritize multiple tasks. Beginner-level understanding of insurance terminology and utilization of various systems (e.g., Silver Plume, NCCI, ISO, and IRMI). Requisition #: 76136ahf9io63
Company:
Chubb
Posted:
May 11 on InsuranceJobs
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