Underwriting Assistant - Custom Property - Hybrid
: Job Details :


Underwriting Assistant - Custom Property - Hybrid

TRANSFORCE

Location: Cherry Hill,NJ, USA

Date: 2024-11-23T08:53:51Z

Job Description:
Crum & Forster Company Overview Crum & Forster (C&F) with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of A (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion. C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com. Job Description Seneca Insurance is a specialty property and casualty insurer, part of Crum & Forster (Fairfax Financial Holdings, Inc.), which takes a creative and disciplined approach to providing profitable insurance solutions. Our most valuable asset is our staff - 300+ employees, and growing, in locations throughout the United States - committed to delivering customized products with superior customer service. For more information about Seneca, please visit our website: . What you will do for C&F: This is a hybrid role with working locations in Cherry Hill, Morristown, NYC, or Uniondale. Seneca Custom Property is looking for a dedicated Underwriting Assistant, responsible for using and booking of policies and endorsements within all department standards, performing all pre-quote work required by underwriting as well as various other tasks. The Underwriting Assistant supports various underwriting processes, including communication with our agents along with internal departments, to address the needs of current and prospective clients. Be able to work side by side with the Underwriters to maintain a common goal of growth and profitability while maintaining relationships with the brokers and their service needs. What you will do for C&F:
  • Be able to work independently as well as a part of a team.
  • Detailed Oriented.
  • Experience with Outlook, Excel, Word, Image Right, Duck Creek and WINS is a plus.
  • Issue Binders.
  • Issue & Book policies in WINS/Duck Creek within department standards.
  • Issue & Book various endorsements in WINS/Duck Creek.
  • Complete Fac Cession Slips (Reinsurance).
  • Calculate RP/AP transactions based on account rate/underwriting instructions.
  • (AP=Additional Premium/RP=Return Premium).
  • Determine pro-rate/short rate factors (method of calculating premiums on a short term basis rather than Annual).
  • Perform all pre-quote work requested by the UW i.e. Risk Meter, ISO, Property Shark, Experian, Web Research, Mapping, etc.
  • Run Risk Browser Modeling - helps determine pricing and exposure when there is a catastrophe insurance involved - Hurricane, Flood, Earthquake.
  • Follow up with brokers for outstanding binding subjectivities.
  • Managing Tasks that are assigned in a date/time order.
  • Issue notices (Non-Renewal, Cancellations and Reinstatements in accordance with underwriting and statutory laws).
  • Order Loss Runs when requested.
What you will bring to C&F:
  • 1-2 Years of Insurance Company Operations.
  • Strong Communications and Organizational skills, being able to multi-task.
  • Proficient in various Microsoft software applications, such as Excel and Word.
  • Will be able to abide by departmental policies and procedures including guidelines placed by the Property Management Team.
What C&F will bring to you Competitive compensation package Generous 401K employer match Employee Stock Purchase plan with employer matching Generous Paid Time Off Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path A dynamic, ambitious, fun and exciting work environment We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community. At C&F you will BELONG We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know. For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit for more information. Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $44,000.00 to a maximum of $68,800.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs. #LI-AV1 #LI-Hybrid Responsibilities Seneca Insurance is a specialty property and casualty insurer, part of Crum & Forster (Fairfax Financial Holdings, Inc.), which takes a creative and disciplined approach to providing profitable insurance solutions. Our most valuable asset is our staff - 300+ employees, and growing, in locations throughout the United States - committed to delivering customized products with superior customer service. For more information about Seneca, please visit our website: . What you will do for C&F: This is a hybrid role with working locations in Cherry Hill, Morristown, NYC, or Uniondale. Seneca Custom Property is looking for a dedicated Underwriting Assistant, responsible for using and booking of policies and endorsements within all department standards, performing all pre-quote work required by underwriting as well as various other tasks. The Underwriting Assistant supports various underwriting processes, including communication with our agents along with internal departments, to address the needs of current and prospective clients. Be able to work side by side with the Underwriters to maintain a common goal of growth and profitability while maintaining relationships with the brokers and their service needs. What you will do for C&F: - Be able to work independently as well as a part of a team. - Detailed Oriented. - Experience with Outlook, Excel, Word, Image Right, Duck Creek and WINS is a plus. - Issue Binders. - Issue & Book policies in WINS/Duck Creek within department standards. - Issue & Book various endorsements in WINS/Duck Creek. - Complete Fac Cession Slips (Reinsurance). - Calculate RP/AP transactions based on account rate/underwriting instructions. - (AP=Additional Premium/RP=Return Premium). - Determine pro-rate/short rate factors (method of calculating premiums on a short term basis rather than Annual). - Perform all pre-quote work requested by the UW i.e. Risk Meter, ISO, Property Shark, Experian, Web Research, Mapping, etc. - Run Risk Browser Modeling - helps determine pricing and exposure when there is a catastrophe insurance involved - Hurricane, Flood, Earthquake. - Follow up with brokers for outstanding binding subjectivities. - Managing Tasks that are assigned in a date/time order. - Issue notices (Non-Renewal, Cancellations and Reinstatements in accordance with underwriting and statutory laws). - Order Loss Runs when requested. What you will bring to C&F: - 1-2 Years of Insurance Company Operations. - Strong Communications and Organizational skills, being able to multi-task. - Proficient in various Microsoft software applications, such as Excel and Word. - Will be able to abide by departmental policies and procedures including guidelines placed by the Property Management Team.
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