Underwriting Assistant| Subcontractor Default

💰 $2,560 - $4,096 (Est.) 📍 Chicago

Job Description

Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.

We focus our attention and our resources on finding high-quality solutions that give our business partners, producers, and policyholders a safe harbor for the risks they face.

Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson underwrites excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Excess Insurance Company.

Collectively known as Hudson Insurance Group, its companies are rated A+ (Superior) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of the Odyssey Group, a leading global provider of reinsurance and specialty insurance. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited.

Position Summary:The Underwriting Assistant in our Subcontractor Default unit is responsible for handling the administration of our SDI policies, endorsements, invoices, and extensive reporting. In addition to policy processing, this position will provide support and assistance to underwriting, clients, claims, risk engineering, management, and finance. Must be able to work independently and in a team environment to accomplish both personal goals and those of the department.

Responsibilities
• Issues binders, policies, endorsements, and invoices at instruction from UW.
• Independently identifies and requests additional information required to complete tasks.
• Maintain data spreadsheets for entire team’s purpose. Including managing multiple reports and performing analysis for underwriters and management.
• Assists with special projects and other tasks to achieve the goals and objectives of the company and department.
• Acts as liaison between brokers and accounting as needed.
• Assists in training other team members.
• Maintain necessary processing manuals and/or other reference materials in order to appropriately and independently process assigned work.
• Works under minimal supervision maintaining a book (15-20 accounts) of business independently with little direction on required tasks to be completed by due date.

Skills, Knowledge, And Abilities
• Knowledge and experience with Microsoft Office, particularly Excel, Teams, and Outlook.
• Strong analytical skills.
• Must be familiar with standard insurance concepts, practices, and procedures.
• Ability to professionally communicate effectively at all levels within the company, as well as outside with brokers and insureds.
• Ability to maintain confidentiality of sensitive data.
• Excellent time management skills in order to organize and prioritize work commitments along with strong attention to detail.

Education/ Experience
• Bachelor's degree preferred but not required.
• 2-5 years of insurance experience preferred.

In New York City, NY the pay range for the role is $60,000 - $+0,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. In addition, Hudson/Odyssey offers a comprehensive benefits package. This range is specific to New York City, NY and may not be applicable to other locations.

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💡 Quick Summary

Seeking a career-building opportunity? The Underwriting Assistant| Subcontractor Default position is now open for candidates interested in the Helper Jobs sector. This role in Chicago offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Helper Jobs is a plus.

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Job Details

Company Name: Hudson Insurance Group

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The expected salary for Underwriting Assistant| Subcontractor Default in Chicago is $2,560 - $4,096 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Underwriting Assistant| Subcontractor Default is an on-site position based in Chicago. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Underwriting Assistant| Subcontractor Default. Previous experience in Helper Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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