Underwriting Service Specialist

Arch Capital Group

Minnesota, United StatesOn-siteFull time
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Pay
$55.3K to $82.7K
a year
Location
Minnesota, United States
Work style
On-site
Job type
Full time
Posted
Oct 15
4 days ago
Career path

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About the company

Arch Capital Group

Insurance · 5,001 to 10,000 employees

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Arch Capital Group on LinkedIn

What you'll do

  • Provide service for moderately complicated accounts, including policy and endorsement issuance, documentation, rating, transactions, booking and invoicing.
  • Review and enter account information, prepare reports, and communicate with internal teams and brokers.

What you need

  • Requires 2-5 years’ experience in the insurance industry and experience with WC, GL, Property and/or Commercial Auto.
  • A bachelor’s degree and/or insurance designation is preferred.
  • Education: a bachelor's degree

Key skills

Insurance knowledgeStrong communicationOrganizational skillsCollaborative and team-orientedPersonal accountabilityWCGLPropertyCommercial Auto

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Perks

  • medical plans
  • dental
  • vision
  • prescription drug coverage
  • 401k
  • PTO
  • paid company holidays
  • Paid Parental Leave

See full description on company page, apply now

Read the full posting here
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Position Summary: The Underwriting Services Specialist utilizes customer service skills, established processes, and various software applications to achieve individual and unit targets and to ensure Service Level Agreements (SLA’s) are met. The Underwriting Service Specialist works cross-functionally and is responsible for analyzing key pieces of information and determining the appropriate course of action. Responsibilities and Accountabilities: Provide service delivery for moderately complicated accounts for policy & endorsement issuance File documentation and set-up Review account information for entry into appropriate systems that ensures quality data reporting Order, prepare and/or update reports Policy Rating and/or initial entry into rating model Processing of various underwriting transactions and requests Communicates with various internal functions as well as brokers to serve as key contact for assigned accounts Booking/Invoicing Other duties and special projects as assigned Required Skills and Abilities: Demonstrated technical skills and insurance knowledge (WC, GL, Property & Commercial Auto) Analytical and problem solving ability Collaborative and team-oriented Demonstrated resource for colleagues and other internal business partners Self-directed showing personal accountability and sense of urgency Strong communication and organizational skills Education and Experience: Bachelor’s Degree and/or Insurance Designation preferred 2-5 years’ experience in Insurance industry Experience with WC, GL, Property and/or Commercial Auto #LI-Remote #LI-JD1 For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. $55,300 - $82,700/year Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future. Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits. Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team. 14400 Arch Insurance Group Inc.

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