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Arch Capital Services LLC

Senior Underwriting Assistant, NAC

Posted 2 Days Ago
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In-Office
Los Angeles, CA, USA
70K-95K Annually
Senior level
In-Office
Los Angeles, CA, USA
70K-95K Annually
Senior level
The Senior Underwriting Assistant supports underwriting through submission review, rating, pricing model creation, billing, and customer service, while also mentoring junior staff.
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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 Senior Underwriting Assistant is responsible for contributing to the profitability and revenue goals of the department through delivery of individual account underwriting support and exceptional customer service. Their primary focus is to execute and manage the flow of work alongside the underwriter including submission review/information follow up, manual rating, creating and initial population of pricing models, billing transactions, policy and endorsement issuance and other post-bind tasks. Other duties include assisting the underwriter in the evaluation and pricing of individual accounts.

Responsibilities and Accountabilities:

  • Review submissions, obtain pertinent underwriting information to enable or assist the underwriter to accurately identify and assess exposures and risk hazards

  • Perform and/or coordinate completion of transactional underwriting duties with timeliness and accuracy including: preparation of proposals and binders; account invoicing; policy and endorsement issuance and processing of reinsurance transactions

  • Complete other underwriting account support tasks with minimal supervision as per company guidelines

  • Adhere to all service standards and respond with urgency to all internal and external customer requests

  • In partnership with the underwriter, provide complete and detailed documentation of the underwriting file for all discussions and decisions

  • Handle complex accounts and lead as a technical subject matter expert

  • Work with IT to represent the needs of the user group including user acceptance testing

  • May be responsible for onboarding/training/mentoring of new or less experienced UAs

  • Willingness to lead, take charge and offer opinions and direction

Desired Skills and Abilities:

  • Strong organizational skills with the ability to effectively handle multiple assignments, prioritize work and meet deadlines in a dynamic and results oriented environment

  • Ability to work independently and as a member of a team

  • Highly motivated proactive approach to job responsibilities, anticipates renewal cycles, plans for the known

  • Knowledge and working understanding of business and financial concepts

  • Ability to work in a detail oriented environment where accuracy is critically important

  • Strong customer service focus with the ability to effectively multi-task with limited direction

  • Proficient in Microsoft Excel, Word, Outlook, and PowerPoint

Experience and Education:

  • Five plus years’ underwriting assistance experience

  • High School Diploma or GED Equivalent; College preferred

#LI-JD1

#LI-Hybrid

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.

$70,000 - $95,000/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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