Transportation Underwriting Assistant

Interstate Insurance Management (IIM) a subsidiary of Ryan Specialty Group Underwriting Managers, is seeking an experienced Transportation Underwriting Assistant to join our Salt Lake City, UT team. The ideal candidate will have prior Transportation experience, Excess and Surplus Lines experience, a plus. The candidate must have outstanding verbal and written communicate skills, as well as the ability to work with others in a fast-paced, constantly evolving environment.  Attention to detail, a strong sense of integrity and discretion, and a professional demeanor are all mandatory.

Position Summary:

The Transportation Underwriting Assistant is focused on the processing of insurance quotes through binding with minimal supervision from the Underwriter.  At the Underwriter’s direction, the Transportation Underwriting Assistant is expected to process submissions with appropriate information and prepare the quote proposal for the agent, reaching out to the agent as needed for supporting documentation. The Transportation Underwriting Assistant ensures quote and binder documentation to be delivered to the agent is correct and of quality.  In addition, the role reviews requests for changes in policies; and either collaborates or drives the process to evaluate acceptance, declination or modification. This position will be a remote position, while we work on building our office in Salt Lake City, UT remote applicants welcomed. 

Essential Functions:

  • May be required to hold the appropriate licenses for all marketing jurisdictions.
  • Assists Underwriter with renewal solicitation and renewal quotes.
  • Assists with new business submission with directions from Underwriter to prepare and market to carrier.
  • Review carrier underwriting manuals to make sure risk fit, enter all appropriate information into carrier quoting system to generate a quote.
  • Enter all appropriate information into system to prepare a quote and present a proposal to the agent.
  • Ensures data integrity.
  • Resolves discrepancies by collecting and analyzing information.
  • Set AIM suspense’s to order inspection report and/or subjectivities to Technical Assistant.
  • Prepare the binder, stamp with state specific stamping (if applicable), print the invoice and package with the binder to the agent. 
  • Participates in relationship management of the agent.
  • Issue policies for carriers supplying online issuance capability, check for accuracy and quality and send to the agent.
  • Send supporting documentation to the carrier.  

Education/Experience/Skills:

  • Bachelor’s degree or equivalent combination of education and experience.
  • Two (2) years of Transporation Insurance experience in Underwriting with Excess and Surplus Lines, preferred.
  • Technologically savvy and data driven.
  • Ability to work in a fast-paced environment.
  • Attention to detail.
  • Excellent communication skills.
  • Ability to work in a highly automated, paperless environment, including specialized software packages.
  • Basic computer skills including MS Office Suite. Ability to communicate orally and in writing with others to explain complex issues, receive and interpret complex information, and respond appropriately.
  • Ability to understand written and oral communication, and interpret abstract information.
  • Must obtain a Property, Casualty Agents license within a designated time period if not currently licensed.
  • Knowledge of insurance products and usages.
  • Knowledge of insurance markets and reference to markets.
  • Knowledge of insurance rating and underwriting procedures.
  • Ability to carry out complex tasks with many concrete and abstract variables.

Disclaimer

Ryan Specialty Group is an Equal Opportunity Employer