High School diploma or equivalent required., 1-3 years of experience in an underwriting function is necessary., Knowledge of one or more lines of business for policy approval and processing is essential., Strong team skills and experience working with internal/external clients are important..
Key responsabilities:
Assist in the preparation of new business quotes and policy issues.
Coordinate the pre-underwriting process, including application review and information requests.
Rate and issue workers' compensation new business and renewal policies accurately and timely.
Attend team meetings and meet with assigned underwriter to prioritize tasks and processes.
Report This Job
Help us maintain the quality of our job listings. If you find any issues with this job post, please let us know.
Select the reason you're reporting this job:
PMA Companies provides risk management solutions and services, specializing in workers’ compensation and offering property & casualty insurance, in the United States.
Headquartered in Blue Bell, PA, PMA Companies is a member of Old Republic Companies. Old Republic International Corporation (NYSE: ORI) is one of the nation’s 50 largest publicly held insurance organizations.
PMA Companies includes: PMA Insurance Group, specializing in workers’ compensation, and providing other commercial property & casualty insurance products; and PMA Management Corp. and PMA Management Corp. of New England, providing results-driven TPA and Risk Services specializing in workers’ compensation and liability.
We maintain a large client retention rate of 90% or higher and a client satisfaction rate of 96% per an independent survey. At PMA, we still build relationships the "old-fashioned way." Our clients know we care. They know we say what we do and do what we say. And they know that they can count on us to deliver tangible value to their business and to work passionately on their behalf.
As a member of our underwriting support team, you will provide high level support to the underwriting function. In this role, you will assist in the preparation of new business quotes and policy issues, as well as rating both new business and renewal applications, while maintaining accuracy and targeted due dates.
Responsibilities
Complete portfolio process (RPA) prior to renewal date
Complete pre-underwriting process of renewals by Underwriter due date and new business submissions
Coordinate the pre-underwriting process which includes, but is not limited to:
Review of application
Request for add'l info from agent or PMA staff
Classification of exposures
Ordering RMA, D&B, MVR's and synopsis
Completion of loss trend and development
Analysis of large claims and loss trends
Review of prior audits
Complete new business, renewal and financial notification forms.
Attend and fully participate in all Team and Underwriting Meetings
Meet with assigned underwriter weekly to discuss and prioritize work processes and tasks
Process work in a timely and accurate manner
Rate and issue WC new business and renewal policies. Provide instruction to the Rating Center for completion of PAL lines new business and renewal policies.
Issue WC and Auto state filings as required.
Review correspondence including: Mid-term endorsement requests, Cancellation requests, WC Bureau letters. Respond to inquiries within UA authority.
Maintain Corporate Underwriting Image Standards.
Contact producers and insureds to obtain information and expedite service.
Visits Agents with an Underwriter for the purpose of establishing contact and acquainting them with work routines.
May assume a major role in training new hires, special projects, and learning & presenting new material to other Underwriting Assistants.
Demonstrate commitment to Company’s Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.
Target Salary Range - $54,400 - $66,500
Requirements
High School diploma or equivalent.
1-3 years year of experience in an underwriting function. Sufficient knowledge of at least one or more lines of business to approve and process new and renewal policies that meet all parameters established by underwriters.
Experience working with internal/external clients
Ability to maintain professional, proficient working relationships
Strong team skills.
Required profile
Experience
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.