Surety Underwriting Technical Associate - Morristown, United States - Crum & Forster

Crum & Forster

Verified Company

Morristown, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Crum & Forster Company Overview:

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States.

The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the
October 2023 Great Place to Work* Award** for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

Job Description:

UNDERWRITING TECHNICAL ASSOCIATE (UTA)
The UTA will handle various rating functions and processes in order to support Contract Surety Underwriting. They will review, analyze, prepare rating and book/issue bonds for Contract Surety business.

What YOU will do:

Screen transactions to determine proper processing. Refer transactions to underwriters that require their approval, complete transactions directly if within delegated authority limits.
Ensure policy transactions are rated, booked, invoiced and issued accurately and meet the corporate time service standards.
Report policy data to third party reporting agencies such as the Workers Compensation bureaus and the Department of Motor Vehicles. Resolve criticisms from those reporting agencies to meet internal and external guidelines.
Communicate, as needed, with Actuarial, Accounting, Audit, Loss Control and Reinsurance to answer policy questions and resolve issues.
Work with system support to test releases when the verification of successful programming involves a review of the production environment.
Communicate, as needed, with producers to obtain information required to complete transactions. Contribute to service excellence by answering producer questions in regards to policy status and insurance inquiries in a timely manner.
Assist with onboarding of new programs including researching the issuance and booking platforms, filed forms and rates.
Maintain proper file documentation on all activities.
May pursue industry designations via coursework completed during onthejob training.
Participates in training activities and initiatives to develop knowledge base.
May participate in projects.

What YOU will bring to C&F:

Bachelor's degree preferred or 6+ years industry experience required.
Experience with surety operations and systems (agency or surety)
Detail oriented with the ability to make independent decisions.
Ability to follow protocol with an emphasis on quality and customer service.
Excellent organizational, prioritizing, and time management skills.
Effective communication skills.
Willingness to travel.

What C&F will bring to you:

Competitive compensation package
Generous 401K employer match
Employee Stock Purchase plan with employer matching
Generous Paid Time Off
Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing
A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industryrelated certifications and professional training to keep you progressing on your chosen path
A dynamic, ambitious, fun and exciting work environment We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employeedriven corporate giving program that lets you participate and support your community

-
At C&F you will BELONG
We value inclusivity and diversity.

We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status.

If you require special accommodation, please let us know.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws.

Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions.

The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $39,800.00 to a maximum of $90, The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities