Underwriting Assistant - Garage

Posted 22 Days Ago
Be an Early Applicant
Springfield, MO
Junior
Insurance
The Role
The Underwriting Assistant will support underwriters in processing insurance policies, including rating, preparing quotations, and handling endorsements. The role involves managing broker requests, analyzing loss experience, and ensuring effective communication and adherence to procedures.
Summary Generated by Built In

Why Jencap? We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career. 

At Jencap Insurance Services, we are driven to develop innovative and customized business solutions, offering ease of business with broad underwriting appetite, all the while backed by our tenured and highly skilled support teams. Combine that with product expertise, geographic knowledge, and deep market intelligence and you get the right policy every time, regardless of the coverage or complexity. 

The Underwriting Assistant will work from our Springfield, MO office.

The Underwriting Assistant is a position involved with working closely with the underwriters to become familiar with underwriting operations, policies and procedures including rating, ordering underwriting reports, processing insurance valuations etc. as may be required of the position. Handle renewal set ups and endorsement processing under the direction of the Underwriter.

Responsibilities: 

  • Rate policies, endorsements, review previously rated policies for proper rating. Knowledge of rating manuals and application of same
  • Develop information for the processing of new or renewal policies ie. loss runs etc. utilizing knowledge of automated systems
  • Prepare quotations and proposals for broker client and assist underwriter by answering or fielding questions from broker clients and company personnel
  • Bind accounts, order and review MVRs and order and review inspections as part of this process
  • Request additional information from broker necessary for the proper processing of applications, endorsements, and cancellations. Perform routine follow-ups and referrals for same
  • Assist underwriters by handling broker’s verbal and written requests or comments concerning applications, endorsements, cancellations or etc
  • Assist underwriters by processing a preliminary evaluation of company loss experience for individual accounts
  • Assist underwriters in preparing new and renewal applications for initial evaluation, rating, and final pricing
  • Communicate effectively with supervisor regarding resolving internal and external processing issues and problems
  • Process policies (incl. of new, renewal, and endorsements) in all areas via both company automated systems and manually, including maintenance of policy logs and policy distribution, as required
  • Process conditional renewal/non-renewal notices, both internally and externally
  • Process renewal letters electronically: collate, scan, email
  • Clear new business in agency automated systems
  • Special projects as needed

Requirements: 

  • Recognize and effectively act upon situations with limited supervision
  • Solid familiarity with computers
  • Good oral and written communication skills
  • Ability to follow instructions and adhere to prescribed routines and practices
  • Maintain an attention to detail
  • Good analytical skills
  • Effective time management and organizational skills
  • Good interpersonal skills/Effective team skills
  • Minimum high school diploma or GED
  • One year of similar related job experience


The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap also offers a range of benefits and programs, based on eligibility, which currently include but are not limited to; comprehensive health care coverage, a 401k plan, and tuition reimbursement.  Jencap is an emerging and rapidly growing leader in the industry and as such, we approach talent acquisition as an opportunity to identify the best talent. Therefore, the level of the role and compensation may vary depending upon the best available candidate. 

Want the opportunity to build something new? Expand your knowledge and stretch your experience through new and emerging risks? Have your voice heard, your skills properly applied, and to add tangible value to an organization? You’re in the right place. 

Jencap is dynamic, bold, tenacious, and trusted in the industry. Here, you are not just one of the many, you are one of us.  We truly are better together. 


Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients. 

The Company
HQ: New York, New York
373 Employees
On-site Workplace
Year Founded: 2016

What We Do

Jencap comprises ten industry-leading insurance brands that provide unique specialization, unparalleled market access, and nationwide influence. Encompassing expertise from every corner of the industry, Jencap is the ultimate, award-winning insurance family.

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