Associate Underwriter (AZ)

Atlantic Casualty Insurance Co. - Scottsdale, AZ

Full-time - Entry Level

Scottsdale, AZ

Insurance Carriers and Related Activities

About the position

Atlantic Casualty Insurance Company (ACIC) is seeking an Associate Underwriter to join our team in Scottsdale, AZ. As an Associate Underwriter, you will play a crucial role in supporting our territorial teams in all aspects of underwriting. This includes conducting thorough policy and inspection analyses, managing customer service support phone calls, and maintaining strong relationships with our agency partners. You will also have the opportunity to underwrite small new and renewal marine accounts, providing a pathway for professional growth within the company. In this position, you will be responsible for setting up and preparing new and renewal underwriting files, issuing bind confirmations for brokerage accounts, and creating new and renewal brokerage policies. You will need to manage outstanding items efficiently through our diary system and assist underwriters by ensuring the prompt receipt of requested information. Additionally, you will process transactions such as endorsements, new business, renewals, cancellations, and reinstatements within our company processing system. Resolving processing issues by calculating correct additional or return premiums will also be part of your duties. You will interact with our general agency customers both verbally and in writing, showcasing your strong interpersonal skills and professional demeanor. Your responsibilities will include underwriting policies, endorsements, and applications issued by general agents to ensure compliance with our underwriting guidelines. You will analyze inspections and surveys to determine risk eligibility and recommend corrective actions as necessary. Furthermore, you will assist in analyzing general agency profitability through internal underwriting audits, contributing to the overall success of our underwriting team.

Responsibilities

• Setup and prepare new and renewal underwriting files.
• Issue bind confirmations for brokerage accounts.
• Issue new and renewal brokerage policies.
• Create and follow-up on outstanding items in a timely fashion via our diary system.
• Assist the underwriters by following up to ensure prompt receipt of requested information.
• Assist in processing transactions (endorsements, new business, renewals, cancellation, and reinstatements) in the company processing system.
• Assist in resolving any processing problems by computing the correct additional or return premiums for processing as required.
• Follow-up with general agents to obtain required information, as necessary.
• Interact both verbally and in writing with our general agency customers.
• Exhibit strong interpersonal skills, with a professional demeanor.
• Underwrite general agent issued policies, endorsements, applications and/or other pertinent underwriting documents to ensure compliance with our underwriting guidelines.
• Underwrite expiring general agent issued accounts with losses.
• Analyze general agent issued policy inspections and surveys, determining risk eligibility and desirability; ultimately recommending corrective actions as deemed necessary due to inspection results.
• Analyze brokerage issued policy inspections and surveys; aide in recommending corrective actions due to inspection results.
• Assist in analyzing general agency profitability, by means of internal underwriting audits, aiding in recommending corrective actions.

Requirements

• High School diploma or general education degree (GED).
• Minimum 3-year insurance experience preferred.
• Working knowledge of general liability, property, and inland marine coverages.
• Familiarity with casualty, property, and inland marine underwriting; knowledge of endorsements, including pro-rata and short-rate computations.
• Ability to read and interpret documents such as underwriting manuals, emails, faxes, and procedural manuals.
• Ability to write routine correspondence in English using correct grammar and spelling; to compute basic math.
• Working knowledge of Microsoft Word and Excel.
• Excellent organization and communication skills, both oral and written.

Nice-to-haves

• Experience with marine underwriting is a plus.
• Familiarity with underwriting software and tools.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Pet insurance
• 401(k) matching
• Tuition reimbursement
• Parental leave
• Loan assistance