Combined Insurance Operations Process Associate in United States

Business Unit: Operations – Recreational Marine

Job Details

Under general supervision, provide support to underwriters in all aspects of underwriting, including underwriting approval within prescribed authority limits. This requires developing an understanding of underwriting strategies and principles as well as product knowledge. Responsibilities of this position also include any preparatory work or research needed to assist with underwriting projects and reports.

Duties Include

  • Approve/process underwriting transactions that are within assigned underwriting authority
  • Refer all prepared transactions outside of one’s authority to the underwriter for review and final approval
  • Review & update large risk files at renewal & present to underwriting with recommendations
  • Act as a liaison between underwriters / producers / Operations when necessary and promptly respond to questions
  • Analyze submissions/policy changes to ensure information provided is complete and accurate;
  • Correspond with appropriate entities to obtain required information and follow through to resolution;
  • Accurately/effectively perform required data entry/system transaction(s);
  • Refer questions/problems that are above and beyond approved authority levels to the underwriter or manager;
  • Recognize and escalate concerns that have the potential to impact or compromise underwriting integrity;
  • Accurately record activities/time to ensure quality, productivity and utilization expectations are met;
  • Assist with the development, documentation, and implementation of operational procedures for Rec. Marine;
  • Participate in the review of existing operational and business flows that support the development of solutions that improve the efficiency and effectiveness of the support provided to Rec. Marine;
  • Support the implementation of new processes, participating in the upfront analysis and providing technical input;
  • Work with management to create best business practices, improve workflow and efficiencies through operational reviews and system enhancements;
  • Develop a good, honest, open working relationship with Rec. Marine management, underwriters, and brokers;
  • Express personal/professional development goals with team leader to ensure they are aligned with the overall goals of the organization and business support units;
  • Strengthen overall business/rec. marine insurance knowledge – leverage business partner relationships.

Job: *Operations/Administration

Title: Operations Process Associate

Location: null

Requisition ID: 318124