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Additional Insurance Resume Samples
Assistant Underwriter Resume Samples
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0-5 years of experience
Conducted risk analysis exercises to establish risk thresholds of potential and current clients.
- Streamlined audit processing reducing processing time from up to month to under five days.
- Reduced three underwriters' issuance and renewal workload by 50%.
- Maintained positive quarterly loss ratios over four consecutive years.
0-5 years of experience
- Increased 2nd year sales year over year by 52% (+$2.487M) in territory from improved competitive positioning
- Analyzed KPIs to determine why product was losing revenue and recommended new product strategy to manager, which increased sales
- Trained two new underwriters to help them determine effective strategies to complete daily tasks
- Took responsibility for half of co-worker's work load while they were on 3 month leave (90+ additional agencies)
- Negotiated pricing with independent agents (B2B) and influenced them to sell product to consumers which led to a 67% sales success
- Developed strategies that increased first year new business growth in territory by 29.7% year over year (+$1.095M)
- Created Google AdWords campaign concept as personal project and used web analytics to estimate cost/benefit analysis if implemented
0-5 years of experience
Managed commercial properties portfolio that had over $5million in annual premium with account premiums ranging from $1,000 to $65,000
- Worked with 20 broker agencies in bringing in new business accounts and retaining renewal business accounts
- Maintained broker relations through face-to-face interactions, as well as telecommunications
- Analyzed applications for insurance provided by brokers on behalf of customers
- Evaluated risks based on value and condition of property
- Provided detailed analysis of risks for company accounts
- Rated accounts for assigned brokers for risks that fit our company underwriting guidelines and that were within my given maximum authority limit of $6million TIV per location
- Prepared quotes/proposals for potential insureds
0-5 years of experience
Assisted in the Underwriting process by prioritizing, gathering, screening, analyzing and evaluating information on new and existing accounts
- Ensured that the risk met underwriting guidelines and all required material and documents were submitted before sending to the Underwriter for review
- Supported agents by responding to inquires, assisting with technical and underwriting issues and providing timely responses.
- Processed data entry of Bid and Final Bonds and transactions in our Image (Image Right) and Accounting (SBS/Dragon) systems
- Generated and reviewed General Indemnity Agreements and Contract Status Requests
- Contributed to the team effort to meet the company service and quality standards.
10+ years of experience
- Acted as liaison between underwriters, agents, and vendors. Effectively communicated to expedite life insurance applications. Investigated and resolved issues to move applications toward policy completion.
- Utilized company software (Citrix, AWD, GUI, Outlook, and LUS) to assist underwriters and agents to issue life policies.
- Obtained lab results, medical records, criminal and driving records, etc. from vendors (First Financial, EMSI, Lab One, CRL) for pending life insurance applications, filed and received for each of 48 Underwriters in Life Region.
- Effectively handled incoming and outgoing phone calls from internal and external customers.
- Educated producers and their support staff about Allstate processes and workflow. Communicated changes in processes.
- 1 of 6 people selected to support the Elite Sales Performance Team.
0-5 years of experience
Single point of contact for all of AIG to receive, input, track and gain approval for license request.
- Gathered all policy quotes for all agents.
- Managed expiration on timeline and distributed renewels and contacted business directly to inform owner of non-renewels.
- Created and distributed monthly reports indicating losses for over 100 global agents.
0-5 years of experience
Provided administrative and technical support to commercial automobile trucking underwriters.
- Obtained and analyzed motor vehicle reports for trucking risks.
- Accountable for rating commercial accounts and following up on pending quotes.
- Responsible for reviewing and clearing submissions.
- Managed database, accurately logging all submissions into system.
- Conducted daily operations in a professional environment and carried out policies that ensured timeliness and efficiency.
6-10 years of experience
Review all property inspections and compare to company underwriting guidelines.
- Reviewed all policies to ensure adherence to company underwriting guidelines.
- Worked to establish underwriting guidelines of family owned Managing General Agency by analyzing loss data and set forth procedures to eliminate underwriting hazardous property classes.
- Cancelled any policy not in strict adherence to underwriting guidelines.
- Approved and processed all premium endorsements.
- Oversaw all IT and equipment upgrades relevant to company.
- Instituted strict rules for recommendations follow up
0-5 years of experience
Created and reinforce positive relationships with agencies as well as carriers
- Gained extensive knowledge of current and potential customer product lines
- Trained new and existing staff on workflows, rules, guidelines, and underwriting techniques
- Built and maintained hired and non-owned book of business for the entire transportation department
- Collaborated with co-workers and fellow underwriters to maximize team efficiency and profits
6-10 years of experience
Underwrite new business submissions up to $5,000.00 and process all commercial lines transactions with speed and high accuracy for 38 states in a call center atmosphere. Mentor employees in the processing and underwriting departments to help individuals achieve their goals.
- Input data and review all submissions in company's Quic and Insurity rating systems daily.
- Calculate up to $350,000.00 in new business premiums for large condominium and apartment complexes up to 1,000 units.
- Issue policies, identifying and attaching applicable forms to stay in compliance with various state regulations.
- Obtain and follow up on all necessary underwriting information, including third party reports.
- Mentor employees consistently by demonstrating how to create various procedures to increase efficiencies and accuracy.
- Consistently achieved accuracy above 99% throughout [company name] tenure.
0-5 years of experience
Explained policy provisions and procedures to clients verbally and in writing
- Quoted, analyzed and processed complex policy changes and endorsements
- Confirmed required policy forms were attached to policy prior to issuing
- Performed rating calculations, and assigned rates to applications
- Reviewed correspondence, records, and reports and responded to client requests
- Routed risk-involved matters to appropriate authority for evaluation and response
- Issued certificates, endorsements, and other policy changes under deadlines
0-5 years of experience
- Managed and reviewed all Workers Compensation and Package New Business submissions to ensure proper placement.
- Assisted Underwriter in review and quoting of New Business & Renewal submissions.
- Processed endorsement and cancellations requests submitted by agents/brokers.
- Resolved any questions/issues submitted by agents/brokers.
- Provided lunchtime coverage for receptionist answering multi-line phone system.
0-5 years of experience
Process and enter new business & renewal prospects, querying prospects to ensure accurate information and properly logging information into company's database.
- Assist Senior Underwriters in market research analysis for new business proposals.
- Organize and preserve company's systems - import & extract data, consolidate files, annotate documents, and document any modified changes to a new or an existing account.
- Update spreadsheets and database to ensure accurate month-end data analytics reports.
- Produce ad-hoc reports and create pivot tables for senior management (loss history, expense reserves, premiums & renewal credits by state).
- Increased new business applicants by 34% in 2014 equating to increased premiums of $6M.
0-5 years of experience
Reviewed applications, letters, close outs, and cancellation policies.
- Advised clients on policy documentation, correspondence, cancellations, deletions, and additions.
- Prepared, review, rate, and issue renewals and new business policies.
- Maintained and developed quality control procedures for finance contracts
- Developed and implemented automated monitoring systems
6-10 years of experience
Accountable for rating new business, renewals and endorsements on large accounts in compliance with company's standard of 2 days.
- Recognized by V.P. Manager and Service underwriter for processing a Renewal Account of $259,000 with no errors.
- Exceeded Goal for issuing policies on an average of 6 days verse the company goal of 10 days verse the company goal of 10 days Average.
- Received Phly Service plus Goal Award by returning phone calls within 24 hours or E-mail Communications within 24 to 48 hours.
0-5 years of experience
Responsible for processing and underwriting support including reviewing quotes, binding,
issuing policies and reviewing and processing endorsement requests
- Evaluate application forms and handle correspondence, records and reports for processing
- Directed risk involved problems directly to manager for evaluation
- Obtained Texas Property & Casualty Insurance license
0-5 years of experience
First point of contact servicing over 1,000 direct insureds and various brokers across the United States
- Calculated quotes, educated potential clients on insurance options and finalized sales
- Processed all policies from inception to delivery. Duties to include but not limited to underwriting, quotes, oversee policy issuance, billing, invoicing, policy changes, certificates of insurance and maintenance of existing policies
- Maintained agency underwriting criteria on both company and state levels. Organize and track all changes made to company specific forms as well as ISO and Acord forms
0-5 years of experience
Handled agents and insurance companies questions, changes to policies, endorsements and cancellations.
- Created and launched new system to the manager of the department to improve productivity.
- Provided support to the members of the underwriting department in areas of underwriting operations, procedures and policies.
- Processed new, renewal, cancellations, reinstatement and endorsements for policies.
- Rated, quoted, issued binders for vacancy/renovations customer accounts.
0-5 years of experience
- Assessed risks to determine whether policy should be written.
- Created excel spreadsheets for the upstart of the new commercial line within the company.
- Answered phone calls and assisted customers with policies.
- Maintained a filing system for the new commercial line.
0-5 years of experience
Assisted Large Group Underwriters in determining risk profile using demographics, benefit design and industry assessment for groups of 500 lives and greater for Life and Disability
- Manipulated excel based census data to produce manual/book rating for Underwriting evaluation
- Assessed financial strength of prospective groups using reference tools such as Dun & Bradstreet
- Participated in Quality Assurance Testing, assisting IT with administrative platform development
- Assisted Business Travel Accident department with Broker licensing validation
10+ years of experience
Prepared essential documentation needed for assessment and determination of insurance applicants by the underwriting department. Served as liaison between underwriters and brokers for medical policies,
including policy maintenance, procedures, coverage analysis, problem-solving, billing and claims.
- Directly assisted with policy changes and answered questions regarding coverages with a high level of accuracy in processing.
- Processed general correspondence with boards and bureaus regarding compliance resolution.
- Analyzed losses on individual accounts and assisted managers in drafting proposals.
- Issued new policies, endorsements, cancellation notices, non-renewals and renewals.
- Reviewed premiums to ensure information was consistent and current.
0-5 years of experience
Work side by side with underwriter regarding territory outlines and regulations
- Responsible for processing, invoicing and reviewing new business and renewal policies.
- Invoiced and reviewed money and non-money endorsements made to the insured policies.
- Verify premium, rates, as well as endorsements when processing renewal and new business binders.
- Provide in-depth research and communicate with agents and companies on escalated issues
- Processed monthly renewal solicitations in regards to loss runs, claims notes as well as 4 year loss ratio
- Review MVR's regarding available drivers and add them to policies or provide probation information and driver exclusions.
0-5 years of experience
- Assisted Large Group Underwriters in determining risk profile using demographics, benefit design and industry assessment for groups of 500 lives and greater for Life and Disability
- Manipulated excel based census data to produce manual/book ratings for Underwriting evaluation
- Researched and analyzed prospective groups using multiple web based applications to minimize risk
- Selected to participate in Quality Assurance Testing, assisting IT with administrative platform development
- Assisted Business Travel Accident department with Broker licensing validation
0-5 years of experience
Applied knowledge and understanding of company guidelines when selecting/pricing individual risks
- Processed and documented endorsement request
- Increased new business through the promotion and sells of company products and services
- Used customer relation skills to address pricing and coverage concerns
- Obtained P&C license, AU and AIS designations in nine months
0-5 years of experience
Set up incoming submissions for new and renewal workers' compensation insurance accounts
- Assisted underwriter with binding of new and renewal insurance accounts in the system.
- Created monthly payroll reports for new and renewal accounts for payroll reporting purposes.
- Provided loss runs as requested by agents and policy holders
- Serviced new and renewal accounts to include endorsements as needed/requested
0-5 years of experience
Reviewed new and renewal automobile application for a non-standard book of business for the States of Maryland and Tennessee. (Seminole Insurance & Casualty Inc.)
- Maintained CLUE and MVR's for each policy holder and members of the household.
- Processed Finance Co & insured's requests for cancellations.
- Processed endorsements, suspense items and posted payments for new business and renewal policies.
- Helped the claims department on first reports for Auto, Tire and Wheel products.
- Processed payments for the claims department.
0-5 years of experience
Assisted senior underwriter in various daily activities and projects such as evaluating degree of financial risk.
- Interacted and bonded quotes with insurance agents.
- Examined complex commercial insurance policies for accuracy.
- Analyzed and gathered financial data of prospective clients.
6-10 years of experience
Review, classify, evaluate and price standard lines new business, renewals, endorsements, audits and cancellations within my established level of authority.
- Communicate effectively with internal and external customers.
- Adapted to underwriter's agency assignments and workload to help ensure growth and agency relationships.
- Improve the On-line issuance process within the branch and within established level of authority.
- Train and help develop new AU staff as instructed by Commercial Lines Manager.
0-5 years of experience
Assist in ensuring accounts are underwritten and renewed in accordance with company procedures and guidelines.
- Review contact wording, submissions and data on new and renewal business
- Responsible for maintaining the Accident & Health account management database including premium, contract terms, bordereaux and monthly reports.
- Oversee inputting of contracts into company database in order for accounting to process premium and commissions
- A member of the implementation team for the newly developed David Young management system for accident business, testing errors and warning and working with developer on resolutions
- Attend weekly manager meetings where products and clients are discussed
- Coordinated various projects as needed, including premium and claims reconciliation
0-5 years of experience
- Aided underwriters in assessing and establishing financial data as well as legal wording
- Worked effectively with team members, as well as independently, to develop the final product for clients.
- Provided correspondence with clients and maintained compliance guidelines.
- Working with the accounts payable and accounts receivable team, to track down missing invoicing in their internal operating platform.
- Using Microsoft Access to condense data and organize that information through Microsoft Excel creating a compartmentalized process on how to handle the currently missing invoices.
- Aid in making sure that Scholastics is compliant to IRS standards for book pricing, compared to competitors.