Underwriting Assistant
2 weeks ago
- Who Are We?
- Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
- Job Category
Operations
- Target Openings
5
- What Is the Opportunity?
- The Quote Specialist is accountable for quoting and issuing Small Business policies within a high-volume environment. The incumbent must demonstrate a solid understanding of Commercial Property, Casualty, Small Business and Professional Lines lines insurance products, services, and processes. This role will be communicating directly with Brokers in order to complete a quote or transaction. Working in both a team environment and individually, the role is responsible for achieving defined service level agreements, achieving sales targets, and maintaining underlying underwriting quality.
What Will You Do?
- Identify/gather/manage relevant account information to quote and bind policies.
- Qualification and classification of Small Business submissions.
- Provide account support as outlined in position specific requirements.
- Accurately issue quotes and new policies for lines of business as outlined in job specific requirements.
- Identify / gather / interpret relevant account data: i.e. Risk Control inspections, Insurance to Value, Statement of Values (SOV), Claim History, Description of Operations.
- Participate in projects / assignments as needed to support administrative tasks.
- Acquire information for regulatory compliance: i.e., proof of insurance, certificates.
- Respond to inquiries and questions from Brokers and Internal Departments.
- Communicate directly with Brokers to obtain missing information, complete a transaction, or follow-up on quotes to drive increased hit ratios.
- Perform other duties as assigned.
- University or College Diploma preferred.
- Sales experience is an asset
- Business acumen.
- Basic underwriting skills.
- Self
- Motivated, takes initiative and is flexible.
- Strong communication skills with ability to interact effectively with internal and external customers.
- Strong decision-making skills.
- Advanced keyboard/input/typing skills.
- Good organizational skills.
- Ability to work in fast paced environment and ability to multi task.
- Industry designation or working towards one.
What is a Must Have?
- High School diploma
- 3 years experience in insurance industry or University Degree/College Diploma in Insurance, Finance, or related degree.
What Is in It for You?
- Health Insurance: Employees and their eligible family members - including spouses, partners, and children - are eligible for coverage from the first day of employment.
- Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services and other resources to support your daily life needs. Through Life Balance, you’re eligible for free counseling sessions with a licensed therapist.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
- Equal Employment Opportunity Statement
Travelers is an equal opportunity employer. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.
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