Underwriting Associate

OneBeacon Insurance Group

(Alpharetta, Georgia)
Full Time Travel Required
Job Posting Details
About OneBeacon Insurance Group
OneBeacon Insurance Group (OneBeacon) provides specialty insurance solutions backed by financial strength, expertise and a commitment to excellence in everything we do. We manage our business in order to achieve growth in book value over the long term.
Summary
We are currently hiring an Underwriting Associate in our Alpharetta, GA office. This position will be directly supporting our OneBeacon Insurance Environmental team. This role provides advanced technical support in partnership with the assigned Environmental underwriters for moderately complex accounts. Under limited supervision and within authority guidelines, the Underwriting Associate authorizes account renewals and endorsements. The person who assumes this position must be knowledgeable about all related underwriting guidelines and procedures for the Environmental line of business.
Responsibilities
* Assists in developing and directly servicing the Environmental book of business in coordination with and under the technical direction of designated underwriter(s). Within defined authority level for renewals, evaluates risks and makes recommendations for acceptance, rejection, modification or referral in accordance with established underwriting standards, policies and programs. * For new business policies, completes 85-90% of the front-end information gathering and analytics required to enable their assigned underwriter(s) to make a determination on the risk. Approves, declines, and issues all transactions within assigned authority level including new business, routine renewals and endorsements. * Ensures underwriting file is documented and returns for final file review and further documentation by underwriter via automated desktop systems and tools. * Develops superior working relationships with producers and acts as first point of contact. Frequently assists producers with questions on products and coverage. Researches and resolves complex errors and questions regarding processes and procedures. Occasionally travels to key producers/accounts with underwriter(s). * Assists underwriters in managing their portfolios through risk evaluation including assessment of risk control reports, financials, audits, loss experience, the competitive environment and by taking action when peculiarities or deficiencies are noted. * Responsible for high level of familiarity with specialty class of business, assigned territory and accounts. * Collaborates with team members to manage work inventories and all production activities in order to provide quality and timely service and productivity results in accordance with business unit standards. * Takes initiative for learning and understanding insurance coverages. Takes initiative to acquire additional insurance knowledge by enrolling in industry related courses and programs. * Assists in the development of new processes, procedures and/or systems. Participates on committees and projects as required. * Trains and acts as a resource and mentor for other Underwriting Associates and Assistants.
Ideal Candidate
**Requirements** * Must possess thorough understanding of underwriting acceptance standards, authorities, programs and pricing strategies. Demonstrates coverage analysis capabilities and the ability to understand and interpret manual rating methodology as required. Must know how to obtain information and utilize resources needed to make an underwriting decision. * Must have strong analytical, decision making, problem-solving, organizational, presentation, negotiation, and teamwork skills. Must be able to communicate professionally and effectively and have the ability to interact with a diverse group of individuals. Must be able to work in a fast pace, rapidly changing environment. * Must be proficient with Microsoft Office suite as well as electronic underwriting systems. **Education and Experience** * Associates or Bachelor’s degree preferred. * 3-5 years underwriting support or related insurance experience required.

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