Job Description: Underwriting Assistant
About Integrated Specialty Coverages
Integrated Specialty Coverages, LLC (ISC) is a growth stage technology and data-driven commercial insurance wholesaler leading innovation in the market. Backed by one of the leading private equity firms, KKR, and led by a forward-thinking management team, ISC is combining the worlds of insurance and technology to create an Insurtech powerhouse. As a leading online distributor of insurance products for a range of industries and “Main Street USA”, we are looking for the right people to help us in our mission of achieving exponential growth. We strive to be the number one place to go for brokers and agents to source insurance. To accomplish this, we’re building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize the way we engage with our customers and partners.
Job Summary
Provides support and assistance to senior underwriting staff handling personal lines and homeowners policies. Perform administrative duties regarding new and renewal accounts, risk assessment, and loss runs and loss ratings. May assist senior underwriter with the computation of rates and premiums. This is a developing level position.
Position Responsibilities
- Utilize understanding of exposures and risks analysis to assess loss history and current condition of finances for a case.
- Collects, studies, and reviews documentation pertaining to risk cases, performing risk analysis to conclude whether a case is worth accepting.
- Conduct preliminary reviews of complex submissions to identify errors, omissions, and confirm eligibility.
- Collaborate closely with the underwriting team to finalize insurance applications efficiently.
- Utilize multiple databases to gather and verify supplementary data for submissions.
- Manage inbound calls, connecting customers and team members to ensure a seamless and positive experience.
- Respond to customer needs, providing guidance and assistance tailored to their insurance needs.
- Process accounts from approved quotes through to policy issuance with accuracy and efficiency.
Minimum Qualifications
- Bachelor’s degree required
- Minimum of 1 year of underwriting or related insurance experience required
- CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus
- Strong customer service experience
- Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software
- Ability to work collaboratively with team members and other departments
- Strong desire to learn, explore new ideas, and seeking out new knowledge
- Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities
Role Progression
The next role is Underwriter I.
Compensation and Benefits
- Bonus Pay: This role offers bonus pay. Your Talent Acquisition representative will share more details about the bonus component should you advance in the interview process.
- Hourly Pay Scale: The starting hourly pay scale for this position is $23.24 - $29.06 USD. Actual starting pay will be based on factors such as skills, qualifications, training, and experience.
- Comprehensive Benefits: The company offers comprehensive benefits including medical, dental, and vision insurance, a 401(k) plan with match, paid time off, and other benefits.
Benefits of Working at ISC
- Employee Ownership Program: Every eligible employee shares in the financial rewards that grow when the company grows.
- Professional Development Opportunities: Access to opportunities for career growth and learning.
- Owner Referral Program: Incentives for referring new talent.
- Work from Home Reimbursement: For remote/hybrid roles.
- Burnalong Digital Health and Wellness Platform: Access to digital health and wellness resources.
- Canary Emergency Financial Assistance Program: Support for employees facing financial hardship.
- Comprehensive Medical, Dental, Vision Insurance.