Underwriter
Millennial Specialty Insurance LLC., Holmdel, NJ, United States
Underwriter page is loaded## Underwriterlocations:
Holmdel, New Jersey, UStime type:
Full timeposted on:
Posted Yesterdayjob requisition id:
JR109393This position is responsible for the underwriting, rating, binding and servicing of accounts in a prompt, courteous and professional manner. This includes providing the necessary support to the overall production and profit objectives of the program.**ESSENTIAL FUNCTIONS:*** Maintain up to date on all PPP department’s and carriers’ procedures.* Maintain up to date on all items in Preferred Property Program’s Underwriting Guidelines (including underwriting and rating changes).* Refer accounts to carriers when risks fall outside the underwriting box.* Respond to all brokers inquires and quote requests in a professional and timely manner.* Review and process all incoming mail for assigned accounts.* Document all correspondence and phone calls in our agency management system.* Underwrite accounts to ensure compliance of our guidelines; and discuss risks “outside the box” internally for possible referral to carrier(s).* Market accounts as needed and follow up for status of quotes to make sure “need by date” target dates are met.* Review bind requests when requested and/or needed* Bind/Request policies issuance as requested by broker.* Process legal notice of non-renewal or cancellation (as need); while adhering to all state and company rules.* Maintain positive relationships with appropriate company representatives through proper contacts and effective communication.* Provide assistance to our Tech Support team, Underwriting Assistants and company Underwriters as necessary in preparation of policy or endorsement processing.* Respond to ***Live Chat*** system inquiries.* Able and willing to travel (1-2 times per year or as required by management).* Share new company information/changes with department.* Adhere to all ethical and State Insurance Department guidelines and procedures.* Participate in seminars and other training to maintain required licenses (minimum 45 days prior to expiration); or for overall knowledge and skill development.* Report to manager needs for updates to websites, letters and training.* Perform other duties as requested at the discretion of management.**QUALIFICATIONS:*** Education: college degree preferred. High school diploma or equivalent is required.* 3+ years of Commercial Property and Casualty Underwriting* Valid New Jersey Property & Casualty Producer license is preferred.* Knowledge of computer systems and operations.* Good listening, writing and overall good communication skills a must.* Good attention to detail a must.* Professional designation is a plus.**Starting Salary: $70,000 + annually**#LI-JW1#LI-ONSITEIMPORTANT NOTICE:
This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodation to applicants and colleagues who need them for medical or religious reasons.Click
for some insight into our culture!As a leading MGA, MSI combines deep underwriting expertise with insurer and reinsurer risk capacity to create specialized insurance solutions that empower distribution partners to meet customers’ unique needs. We have a passion for crafting solutions for the important risks facing individuals and businesses. We offer an expanding suite of products – from fully-digital embedded renters coverage to high-value homeowners insurance to sophisticated commercial coverages, such as cyber liability and habitational property – delivered through agents, brokers, wholesalers and other brand partners. Our partners and customers count on us to deliver exceptional service through a dedicated team that makes rapid resolutions a priority. We simplify the insurance experience through our advanced technology platform that supports every phase of the policy lifecycle. Bring on your challenges and let us show you how we build insurance better. #J-18808-Ljbffr
Holmdel, New Jersey, UStime type:
Full timeposted on:
Posted Yesterdayjob requisition id:
JR109393This position is responsible for the underwriting, rating, binding and servicing of accounts in a prompt, courteous and professional manner. This includes providing the necessary support to the overall production and profit objectives of the program.**ESSENTIAL FUNCTIONS:*** Maintain up to date on all PPP department’s and carriers’ procedures.* Maintain up to date on all items in Preferred Property Program’s Underwriting Guidelines (including underwriting and rating changes).* Refer accounts to carriers when risks fall outside the underwriting box.* Respond to all brokers inquires and quote requests in a professional and timely manner.* Review and process all incoming mail for assigned accounts.* Document all correspondence and phone calls in our agency management system.* Underwrite accounts to ensure compliance of our guidelines; and discuss risks “outside the box” internally for possible referral to carrier(s).* Market accounts as needed and follow up for status of quotes to make sure “need by date” target dates are met.* Review bind requests when requested and/or needed* Bind/Request policies issuance as requested by broker.* Process legal notice of non-renewal or cancellation (as need); while adhering to all state and company rules.* Maintain positive relationships with appropriate company representatives through proper contacts and effective communication.* Provide assistance to our Tech Support team, Underwriting Assistants and company Underwriters as necessary in preparation of policy or endorsement processing.* Respond to ***Live Chat*** system inquiries.* Able and willing to travel (1-2 times per year or as required by management).* Share new company information/changes with department.* Adhere to all ethical and State Insurance Department guidelines and procedures.* Participate in seminars and other training to maintain required licenses (minimum 45 days prior to expiration); or for overall knowledge and skill development.* Report to manager needs for updates to websites, letters and training.* Perform other duties as requested at the discretion of management.**QUALIFICATIONS:*** Education: college degree preferred. High school diploma or equivalent is required.* 3+ years of Commercial Property and Casualty Underwriting* Valid New Jersey Property & Casualty Producer license is preferred.* Knowledge of computer systems and operations.* Good listening, writing and overall good communication skills a must.* Good attention to detail a must.* Professional designation is a plus.**Starting Salary: $70,000 + annually**#LI-JW1#LI-ONSITEIMPORTANT NOTICE:
This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodation to applicants and colleagues who need them for medical or religious reasons.Click
for some insight into our culture!As a leading MGA, MSI combines deep underwriting expertise with insurer and reinsurer risk capacity to create specialized insurance solutions that empower distribution partners to meet customers’ unique needs. We have a passion for crafting solutions for the important risks facing individuals and businesses. We offer an expanding suite of products – from fully-digital embedded renters coverage to high-value homeowners insurance to sophisticated commercial coverages, such as cyber liability and habitational property – delivered through agents, brokers, wholesalers and other brand partners. Our partners and customers count on us to deliver exceptional service through a dedicated team that makes rapid resolutions a priority. We simplify the insurance experience through our advanced technology platform that supports every phase of the policy lifecycle. Bring on your challenges and let us show you how we build insurance better. #J-18808-Ljbffr