- Process Surety business through data entry, supporting underwriters, applying knowledge, understanding of rating scenarios, and producing error-free work through strong attention-to-detail
- Develop superior working relationships with underwriters and acts as the first point of contact with timely service inquiries
- Maintain successful relationships with agencies
- Provide excellent customer service to agents, underwriters and colleagues
- Resolve issues and develop rapport
- Display and use knowledge with filed rates, minimum premium, rater and assisting with line cards
- Ability to manage internal reports: Monthly renewal, status reports, data cleanup projects, submission under review & quoted status
- Assist on key special projects as requested
- Aid in additional assignments as requested by leadership
- Provide support to Surety UW Center team (other UAs, account management, bond forms, collections)
- Provide service to internal and external customers, including agents and clients
- Minimum 3-5 years' experience as a technical/underwriting assistant with similar duties preferred
- Strong problem solving and decision-making abilities
- Strong written and oral communication skills (email, phone, in-person)
- Computer skills including Excel, Outlook, Edge/Chrome, Nitro Pro (Adobe)
- Able to multi-task and collaborate effectively with others
- Demonstrates planning and organizational skills
- Eager to learn, displays a positive attitude, and willingness to take on new opportunities or responsibilities from UW's or Leads
- Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.
- Pharmacy benefits with mail order options.
- Dental benefits including orthodontia benefits for adults and children.
- Vision benefits.
- Health Care & Dependent Care Flexible Spending Accounts.
- Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
- Company-paid Disability benefits with very competitive salary continuation payments.
- 401(k) Retirement Savings Plan with competitive employer contributions.
- Competitive paid-time-off programs, including company-paid holidays.
- Competitive Parental Leave Benefits & Adoption Assistance program
- Employee Assistance Program
- Tax-Free Commuter Benefit
- Tuition Reimbursement & Professional Qualification benefits
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Underwriting Assistant, Surety UW Center - Los Angeles, United States - Sompo International Holdings Ltd
Description
As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.Job Description
We're Sompo, a global provider of property, casualty, and specialty insurance and reinsurance.
We provide the type of service and partnership that only comes from decades of experience. We merge our underwriting expertise, deep local knowledge, and broad global reach to craft solutions designed to meet your goals. Backed by Sompo Holdings' 130 years of financial strength and history, we seek opportunities to build on our legacy-continuing to innovate and find new ways to create ease in navigating a complex industry. Throughout it all, we stand by your side, always working to deliver a frictionless risk management journey for everyone we serve.
Because when you choose Sompo, you choose the ease of expertise.
Position Summary
We are seeking an Underwriting/Technical Assistant in Sompo's Los Angeles, CA office. The Underwriting Assistant will report to the Surety Team Lead, Underwriting Assistant in Los Angeles.
Underwriting Assistants are responsible for handling the day-to-day processing and management of surety bonds. They are also responsible for managing relationships with underwriters and agencies, along with supporting the other Surety teams.
Job Responsibilities
Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
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