Underwriting Assistant - Hybrid Chicago, IL - Velocity Risk

By innovating the connection of risk and capital, Velocity Risk delivers specialty property insurance in catastrophe prone communities. Embracing Nature’s volatility and turning “problems” into potential, we are transforming old insurance practices. Our uncommon approach to business creates uncommon careers where employees are empowered to flourish.

Do you find yourself asking, “Why not?” Are you someone that’s not okay with ‘good enough’? Would you consider yourself a go-getter? Do you have a passion for doing the right thing? Are you comfortable working in an agile environment? If so, you are just the type of person that will fit into our distinctive culture.

As an Underwriting Assistant, you will work to support MMB Underwriting in the day-to-day servicing and processing of new business and renewal accounts. With a critical eye for detail, you will be responsible for ensuring quality processing throughout the life cycle of a policy.

This role would report to an Underwriting Support Manager and would be responsible for supporting Underwriting KPIs.

Duties and Responsibilities:

• Under the direction of an underwriter or Sr. UA, processes quotes, binders and endorsements
• Follows up with broker on outstanding subjectivities and inspection contact information   
• Review, finalize and issue drafted policies   
• Processes BORs
• Maintains Underwriting files by ensuring that all relevant documents are included and adhering to naming conventions
• Processes non-renewals and cancellation letters
• Assists with special projects

You’ve got:

• College Degree preferred
• Proficiency in Microsoft Office Suite
• Excellent verbal and written communication
• Ability to learn new systems quickly
• Ability to handle a variety of tasks in a fast-paced, customer-centric environment
• Ability to prioritize job responsibilities to meet internal service standards
• Strong attention to detail and understand its importance with our business
• Strong time management skills

Velocity Risk provides equal opportunity to everyone and we do not tolerate discrimination or harassment to anyone.

We strive to ensure our employees have the best experience possible! We provide comprehensive and competitive benefits packs for our full-time employees.

• Medical, Dental, and Vision fully subsidized by Velocity
• Health Savings Account with employer contributions
• 401k after 6 months of employment
• Education and Certification Reimbursement and Bonus programs
• Paid Time off and Company Holidays with floating holidays for flexibility.
• Gym membership reimbursements
• Volunteer rewards and “Give-back” initiatives.
• In-office provided lunch

Velocity Risk participates in E-Verify. https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster.pdf