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Underwriting Assistant
Job description
Lockton is a global professional services firm with 6,500 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world's largest privately held, independent insurance broker by helping clients achieve their business objectives. To see the latest insights from Lockton's experts, check Lockton Market Update .
A few of the reasons Associates love working at Lockton include: Opportunities for growth and advancement, including paid training and professional development 12-week paid parental leave A huge emphasis on community involvement Frequent athletic and wellness events Incredibly generous rewards; US Associates receive a Rolex for their 10 year anniversary!
Follow established procedures for reviewing new and renewal applications, assessing risk eligibility, and providing competitive pricing guidance. Communicate with internal and external customers to gather and analyze insurance information, supporting underwriting activities such as quoting, binding, issuing, and endorsing policies.
Ensure compliance with referral criteria outside of underwriting authority. Prepare files for underwriter approval outside of authority by performing preliminary review and evaluation of the risk. Rating and preparation of new quotes as directed by Underwriter. Document and communicate policy approvals or rejections to the underwriting team and customers in a timely manner.
Review and process transactional items for individual risks. Perform other work-related duties and projects assigned. Bachelor’s degree or other relevant study preferred. 2-5 years of experience in commercial Property and Casualty insurance, with a solid understanding of relevant concepts, practices, and procedures. Rating and underwriting experience.
Ability to work independently and exercise good judgement in accordance with regulatory and carrier requirements for moderately complex items. Proficiency in Microsoft Office products. Strong mathematical skills. Excellent verbal and written communication skills. Strong organizational and time management skills to meet deadlines.
Description copied from Lockton's careers page. Read the full posting before you apply.
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