Overview:
Skyward Specialty is a property and casualty insurance holding company formed in 2007. Based in Houston, Texas, and with staff throughout the country, Skyward Specialty provides admitted and non-admitted solutions to retail and wholesale distributors, managing general agents and captive markets. We have built highly respected businesses in specialty lines including management liability, professional liability, medical stop loss, surety, E&S property and liability, and large commercial property, as well as multi-line solutions for the energy, trucking, and construction industries.
At Skyward Specialty, we approach this business differently. In fact, we’re different from most others in our industry in just about every way. We have the spirit of a start-up with the security of over $1.7 billion in Written Premium. We put immense brain power and energy into finding greater insights to uncover better opportunities for our clients, partners, and people. We think at a higher level, so they can succeed at a higher level.
We are committed to a Diverse Workforce
Skyward Specialty is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, nativity, neurodiversity, genetics, disability, age, or veteran status. For more information about us please visit www.skywardinsurance.com
Responsibilities:
The Assistant Underwriter is an integral member of the Underwriting Team. The AU contributes to the success of the underwriting team by providing support for the Underwriting Department and partnering with various team members to drive sustainable growth, improve profitability, retain accounts and service brokers.
This position primarily supports Professional Liability in Healthcare Services. Once the primary skills are mastered, the team member is cross-trained in several other supporting programs, allowing for growth in their skills and knowledge. This position works closely with our diverse, engaged, and skilled support team.
Principal Duties and Responsibilities
- Provide timely, efficient, and accurate support to Underwriting with respect to issuing policies; statistical coding; other miscellaneous back-end processes for new, renewal, and endorsement transactions; and miscellaneous clerical responsibilities for office or department
- Create policy documents which represent the insurance transaction bound by the underwriter
- Ensure the statistical coding and policy issuance complies with regulatory requirements for each insurance transaction
- Maintain electronic and/or physical underwriting file
- Solicit renewal transactions
- Provide operational support for the product line’s underwriters
- Work with the unit underwriters to bind, book, and issue policies, process endorsements and to maintain Broker relationships
- Review policies for accuracy and regulatory standards
- Input policy and underwriting data in appropriate systems
- Make direct contact with brokers and their assistants including participating in meetings and visits as required
- Meet deadlines set forth by management and/or underwriters within the team
- Adhere to company guidelines, policies, and procedures
- Other support tasks as assigned by manager
Qualifications:
Knowledge, Skills and Abilities
- Applied knowledge of underwriting fundamentals and standard industry practices
- Understanding of basic financial principles and processes
- Oral and written communication skills
- Organizational and planning skills
- Ability to work independently, exercising critical thinking skills relative to the directed work assignment
- Ability to interact with a wide variety of people daily, in person, via telephone and email
- Accuracy, thoroughness, and attention to detail are essential
- Proficiency and experience using Microsoft Office Package (Excel, PowerPoint, Word)
- Ability to independently multi-task and respond to changing business priorities
- Strong interpersonal skills and ability to work independently in a collaborative environment
- Outgoing, driven, high attention to detail and results focused mentality
Qualifications, Education and Experience Preferred
- 2+ years of Assistant Underwriter or equivalent experience required
- Prior experience supporting Healthcare Professional Liability underwriters is highly preferred
- High School diploma required; bachelor’s degree preferred
- Must be able to function effectively in high volume environment
- Team player with a commitment to company values
- Analytical and detail oriented; capable of multi-tasking
Compensation & Benefits
The applicable base salary for this opportunity is $60,000.00 - $75,000.00. The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. In addition to the base salary, this opportunity may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition and professional certification assistance, 401k savings, elective participation in the Employee Stock Purchase Program, paid time off, paid holidays, and child bonding leave, as well as other employee assistance programs.
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