Join the Crum & Forster Team as an Underwriting Assistant - Remote
Are you a detail-oriented and organized individual with a passion for insurance and a knack for analysis? Do you thrive in fast-paced environments and possess excellent communication skills? Look no further! Crum & Forster, a leading specialty and standard commercial lines insurance provider, is seeking an Underwriting Assistant to join our team remotely. As an integral part of our underwriting operations, you will play a critical role in supporting our underwriters and contributing to the company's success.
About Crum & Forster
With a rich history dating back to 1822, Crum & Forster (C&F) is a renowned provider of specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. We pride ourselves on our financial strength rating of "A" (Excellent) by AM Best and our commitment to delivering superior customer service. Our claims and risk engineering services are recognized as among the best in the industry, and our people are our most valuable asset. With over 2000 employees across the United States, we are increasingly winning recognition as a great place to work, earning several workplace and wellness awards.
What You Will Do
As an Underwriting Assistant, you will provide critical support to our underwriters, ensuring seamless transaction processing and policy administration. Your key responsibilities will include:
- Providing underwriting with pre-quote transaction support, including:
- Retrieving reports and data from various sites, such as OSHA, Safer, Crime, Experience Mods, and Risk Meter.
- Validating data entry into underwriting workbooks and systems, including auto classification, GL classification, schedule of underlying, and losses.
- Assisting in verifying proper documentation regarding coverage and limits prior to completing transactions.
- Communicating with producers to obtain required information to complete transactions.
- Assuming responsibility for completing transactions after underwriting binds an account, including:
- Utilizing internal systems to complete policy drafting, verify data accuracy, approve policy drafts within authority, and set up policies within our electronic document management system.
- Completing booking of premium within the appropriate system and confirming premium posted properly.
- Issuing approved policies, performing reviews of underlying policies, reporting policy data to third-party reporting agencies, and resolving criticisms from those agencies.
- Processing post-bind transactions, including endorsements, cancellations, and reinstatements.
- Contributing to the Crum & Forster team environment and continuous improvement philosophy by:
- Communicating and collaborating with other departments to answer policy questions, resolve issues, and identify ways to streamline processes.
- Working with system support to test releases and verify successful programming.
- Assisting in quality verification of all policy transactions, processes, and procedures.
What You Will Bring
To succeed as an Underwriting Assistant at Crum & Forster, you will need:
- Knowledge of insurance processes and procedures, with an emphasis on surplus lines of business.
- A college degree preferred.
- Exceptional attention to detail, organizational skills, and ability to take initiative.
- Solid computer skills, including Word, Excel, email, and internet-based technology.
- Excellent math and data analysis skills, with the ability to interpret and manipulate report data.
- The ability to work in a fast-paced environment, move quickly from one project to another, and prioritize tasks effectively.
- A positive outlook, service mentality, and ability to multi-task in a fast-paced environment.
Career Growth Opportunities and Learning Benefits
At Crum & Forster, we are committed to helping our employees grow and develop their careers. We offer:
- A competitive compensation package.
- A generous 401K employer match.
- An employee stock purchase plan with employer matching.
- Generous paid time off.
- Excellent benefits that go beyond health, dental, and vision, focusing on your whole family's wellness, including physical, mental, and financial well-being.
- Tuition reimbursement, industry-related certifications, and professional training to help you progress on your chosen path.
Work Environment and Company Culture
At Crum & Forster, we value:
- Inclusivity and diversity, with a commitment to equal employment opportunity.
- A dynamic, ambitious, fun, and exciting work environment.
- A spirit of social and community responsibility, with a matching donation program, volunteer opportunities, and an employee-driven corporate giving program.
Compensation and Benefits
We offer a competitive compensation package, including:
- A salary range of $44,000 to $64,600 per year, depending on experience and qualifications.
- Discretionary equity (stock) based compensation and/or performance-based variable pay programs.
How to Apply
If you are a motivated and detail-oriented individual with a passion for insurance, we encourage you to apply for this exciting opportunity. Please submit your application, including your resume and cover letter, to:
Apply Now
Don't miss out on this opportunity to join our team and start your career with Crum & Forster. We look forward to hearing from you!
Apply Now