W. R. Berkley

Sr. Underwriting Assistant

Posted on: 6 Feb 2021

Hamilton Square, NJ

Job Description

Company Details

Berkley Accident and Health is a member company of W. R. Berkley Corporation, a Fortune 500 company. Berkley Accident and Health provides an innovative portfolio of accident and health insurance products. It offers four categories of products: Employer Stop Loss, Group Captives, Managed Care (including HMO Reinsurance and Provider Excess), and Specialty Accident.

Berkley Accident and Healths two primary office locations are Marlborough, MA and Hamilton Square, NJ, and the company underwrites Stop Loss coverage through Berkley Life and Health Insurance Company, rated A+ (Superior) by A.M. Best. For more information, please visit BerkleyAH.com .

Responsibilities

The Senior Underwriting Assistant provides set up and administration assistance to the underwriting team. This position will report to the Underwriting set up manager and will work closely with both sales and underwriting. Organizational skills and attention to detail play a key role, as this position sets up and tracks all underwriting folders with account information. As a Senior Assistant, this person is expected to have already been introduced to stop loss and the primary case set up functions, as well has have a working knowledge of the David Young System (or similar underwriting/rating system). Additionally, the Senior Assistant is expected to carry a higher case load volume, as he/she has gained experience and efficiency in case set up as an entry level assistant.

* Review Request for Proposal (RFP) for completeness.
* Correspond with external customers (Third Party Administrators and brokers) on declinations or where additional RFP information is required to complete the submission.
* Communicate with the underwriting setup manager to ensure customer deadlines are met.
* Set up folders in our shared drive for all information received for new submissions.
* Run census in Excel spreadsheet for each submission.
* Log submission in David Young System (DYS) including benefits, reinsurance terms, and census.
* Train on entering specific and aggregate loss data into DYS.
* Take on additional project work throughout the year during off-peak production cycle, in support of segment underwriting team.

Qualifications

* High School Diploma, with strong preference for some post graduate studies (Associates Degree or Bachelor Degree for candidates considering further advancement within the organization).
* At least 2 years experience as an entry level assistant.
* Experience in using DYS or a similar underwriting / rating platform a plus.
* Highly organized, with strong attention to detail.
* Grasps new concepts quickly and efficiently.
* Microsoft Office experience, with a focus on Excel. Knowledge of filtering and pivot tables is desirable.
* Ability to prioritize and multitask while handling high volumes of work during peak production periods, with limited error.
* Ability to work well under pressure, in a team environment.

W. R. Berkley

Greenwich, CT

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about a territory or product.

Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our Berkley companies to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals.

We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.

 

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