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Financial Underwriting Assistant

Cornerstone Staffing Inc

Financial Underwriting Assistant

Omaha, NE
Full Time
Paid
  • Responsibilities

    Job Description

     Full Job Description

     

    • Review insurance applications for accuracy and completeness
    • Process changes to applications as needed
    • Research all aspects of applications submitted to ensure compliance with company guidelines as well as with all state and federal insurance regulatory guidelines
    • Prepare renewal instructions according to underwriting policies. This includes detail of rating decisions including credit/debit decisions, non-renewal actions, exclusions and general handling of drivers, etc.
    • Forward renewal quotes to underwriters, underwriting region or PMT for approval and then mails approved renewal quotes to agencies
    • Utilize proprietary software for rating risk for commercial auto policies
    • Receive, manage and complete submissions entered into a proprietary workflow system
    • Review and research all submissions and input all data necessary to be sent to underwriting for approval or denial
    • Perform other duties as assigned

    REQUIREMENTS OF THE UNDERWRITING ASSISTANT

    • Bachelor degree in business or related field or equivalent work experience
    • Basic Math

    PREFERRED SKILLS FOR THE UNDERWRITING ASSISTANT

    • 1-2 years related work experience
    • Company guidelines on acceptability and profitability for applications/accounts/policies
    • Department practices and procedures
    • MS Office Applications
    • Rating, statistical coding
    • Insurance terminology
    • Manuals, policy coverages, endorsements, etc.
    • Insurance related courses such as CPCU, IIA, or AU
    • Personal computer and software

    Company Description

    Cornerstone Staffing is Omaha's premier staffing company with over 75 years of combined professional experience. Cornerstone specializes in recruiting, screening and placing only the highest qualified professionals; in the Accounting, Finance, IT, Human Resources and Office Administration areas. All of Cornerstone Staffing Professionals have been through our extensive interview process, testing, as well as securing references. Full criminal, credit and employment history verification is available for those companies that require additional background checks.