Production Underwriting Assistant
USG Insurance Services
- Minneapolis, MN
- Permanent
- Full-time
- California: Irvine
- Florida: Tampa
- Idaho: Sandpoint
- Illinois: Chicago
- Louisiana: Covington
- Minnesota: Shoreview
- Pennsylvania: Canonsburg
- Texas: Arlington and Houston
- Requesting and reviewing application specifications from retail agents, summing up completed applications along with exposures, loss history, target pricing, and submitting to brokerage carriers for quotation.
- Review all solicited quotations and negotiate final pricing, terms, and conditions for identified carriers.
- Prepare and submit final quotations for recommended carriers to the retail agent.
- Handling the binding and invoicing of accounts
- Record renewal progress and final dispositions.
- Prepare and record all the required information needed to bind and invoice accounts.
- Review and process all mid-term endorsement, cancellation, and audit requests.
- Provide timely and accurate customer service to retail agents.
- Provide new business marketing and quote assistance as needed.
- Review and approve the final policy issuance for MGA renewal accounts.
- Request, review, and approve all loss control reports for renewal business per company guidelines.
- Communicate and confirm with the retail agent the compliance of any actions pursuant to the findings of the loss control report per the carrier's requirements.
- Perform in a manner that will prevent errors and omissions.
- Consistently demonstrate a professional, positive, team-oriented attitude while performing job duties.
- Attend company-approved seminars and other educational activities required to stay current on the latest developments, trends, and regulations in the marketplace.
- At least 2 years of prior insurance experience, prior experience should include either wholesale brokerage/MGA, retail insurance agency, or insurance company experience.
- Knowledge of Windows-based software applications and basic typing skills.
- Knowledge of basic P&C insurance, forms, endorsements, rating methods, and terminology
- Ability to calculate figures and amounts such as annual and short-term premiums, additional and return premiums related to endorsement and audit activities, commissions, policy fees, taxes, etc.
- Ability to handle multiple tasks and prioritize effectively.
- A C.I.S.R. or P&C license is preferred but not mandatory.
- Comprehensive Benefits Package including:
- Company-paid benefits: Short-Term Disability, Long-Term Disability, Basic Life, AD&D, and Team member Assistance Program
- Medical, Dental, Vision, and Life
- 401K Retirement Plan
- Flexible Spending Account
- Dependent Care
- Tuition Reimbursement
- Producer Savings Bonus Plan
- A week of hands-on, in-person training to meet our corporate team
- Access to 24/7 virtual training through USG University
- Outstanding Company Holiday Schedule and Generous Paid Time Off Package
- Potential for exponential growth in the company