Job Title: Underwriting Assistant
Location: On-site in Glen Allen, VA 23060
Summary
The Underwriting Assistant (UA) will be responsible for providing Underwriters with technical and clerical support with the information necessary to make prudent underwriting decisions on new business, renewals, and endorsements. The UA will support the underwriting life cycle from pre- submission through policy issuance and renewal.
Duties and Responsibilities
- Supports day-to-day transactions that support multiple underwriting team members and customers/agency partners.
- Identifying and use of appropriate resources that assist in the analytical process; this includes making formal recommendations to underwriters on account management needs.
- Ability to identify and evaluate exposures for each risk.
- Perform analysis utilizing appropriate information to consider endorsement/account acceptability.
- Issuance of premium and non-premium bearing endorsements.
- Demonstrates adherence to guidelines which include, Underwriting Guidelines and Service Level Agreements.
- Develop, maintain and nurture positive working relationships with underwriters, customers, and other business partners to provide an enhanced customer experience (i.e., researches and resolves issues, responds to inquiries and questions).
- Ability to apply judgement and present negotiation on more complex accounts and processes.
- Examines inspection reports, prior audits, and endorsements, and refer any issues to underwriters.
- Ability to effectively manage and balance multiple demands.
Experience and Education
- High school diploma or equivalent; college course work or degree preferred.
- Detail-oriented with initiative and ability to work in fast-paced team environment.
- Ability to work independently as well as part of a team.
- High sense of urgency and ability to function well in a high-volume and time sensitive environment.
- Computer literate including use of Word, Excel, Outlook, and various project management tools.
- Flexible and open to change and enhancements to help evolve in a competitive market.
- Strong sense of ownership and accountability as a result of being highly motivated.
- Experience with excess and surplus lines insurance is a plus.
Top Skills
What We Do
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
We work with a select group of appointed wholesale brokers that are deeply familiar with our insurance products and our underwriting appetite in the areas in which we focus. We believe that our wholesale broker partners value access to carriers that are consistent, stable sources of wholesale-only E&S capacity that can respond quickly to opportunities.
Our company was formed by a group of highly experienced industry professionals, many of whom have worked for some of the most successful E&S carriers in the industry. Members of our management team have also been responsible for the formation or capitalization of several successful startup and early stage specialty insurance companies.
We have adopted the best practices of the specialty insurance companies we have been involved with over the last 25 years while also incorporating the use of modern, cloud-based technology to help drive efficiency across our business in order to better serve our customers and business partners.
