Provide policy issuance, administration, and underwriting support for E&O. Create and maintain new business and renewal accounts, process policies and endorsements, confirm binder accuracy, manage underwriting files, handle broker of record changes, and correspond with underwriters, brokers, and cross-functional teams.
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This role will be responsible for providing policy issue, administration and underwriting support within the E&O Division.
Key Accountabilities/Deliverables:
- Perform data entry into policy administration systems.
- Process tasks accurately and timely to maintain departmental productivity, quality, and service standards.
- Create new business / renewal accounts in the appropriate system(s) and filing all relevant documentation
- Process and issue policies accurately and within established standards
- Process and issue endorsements, accurately, and within established standards
- Confirm all binder information is accurate in appropriate system(s) before booking the policy.
- Review and maintain underwriting files to warrant a satisfactory file completion.
- Process Broker of Record changes timely and create and distribute applicable broker correspondence
- Correspond with underwriters, brokers, and cross functional teams.
Technical Knowledge and Understanding:
- Knowledge of insurance and operations (professional lines preferred)
- Comfortable working with multiple systems (Duck Creek, Excel, Outlook, Power BI, etc)
Experience:
- 3+ years of relevant experience (insurance experience preferred)
- Experience working in support, services or processing teams
The expected pay range for the role is $55,000 - $70,000. The specific offer will depend on an applicant’s skills and experiences. The disclosed pay range estimate may also be adjusted for the applicable geographic differential for the location in which the position is filled.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.
#LI-Hybrid
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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
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