Underwriting Support Assistant
Ascot Group
Customer Service
United States
Posted on Saturday, June 29, 2024
Job Description
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Position Summary
Ascot is looking for an Underwriting Support Assistant to support and manage workflows between multiple departments, by preparing renewals, managing correspondence filing, and handling other miscellaneous functions, as needed. The Underwriting Support Assistant will collaborate with underwriting and operations to support the business units in a consistent and timely manner.
Responsibilities
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonuses, and other forms of discretionary compensation awarded by the Company.
The hourly rate pay for this role is: $18/hour
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more!
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k)
About Us
Ascot Group Limited is a Bermuda domiciled global specialist in insurance and reinsurance. Built on a foundation of underwriting expertise, the Group comprises four divisions: Ascot Underwriting Limited-a Managing Agent for Syndicate 1414 at Lloyd’s; Ascot Reinsurance Company Limited-a Bermuda based specialty reinsurer; Ethos Specialty Insurance Services LLC-a New York based Managing General Underwriter (MGU); and Ascot Insurance U.S. – an admitted and surplus lines insurance business.
Ascot Group is owned by the Canada Pension Plan Investment Board (CPPIB), the largest pension plan in Canada with over $300 billion in invested assets and is ‘AAA’ rated by S&P and Moody’s.
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Position Summary
Ascot is looking for an Underwriting Support Assistant to support and manage workflows between multiple departments, by preparing renewals, managing correspondence filing, and handling other miscellaneous functions, as needed. The Underwriting Support Assistant will collaborate with underwriting and operations to support the business units in a consistent and timely manner.
Responsibilities
- Prepare and coordinate transactions for (multi-line) insurance products. This includes, but is not limited to submission clearance, policy issuance, endorsements correspondence filing, etc.
- Work with business partners to ensure the timely processing of information related to insurance policies
- Monitor and respond to critical business needs in a timely and professional manner
- Analyze and validate data to ensure quality
- Support the Operations Technical Specialist and other colleagues as needed
- Participate in special projects as requested, and perform additional assignments as instructed by the manager
- 1-3 years of related work experience
- Experience in the insurance industry a plus
- Demonstrated ability to work on a team, meet deadlines, and successfully perform in a changing, fast-paced work environment
- Excellent customer service skills
- Proficiency in Microsoft Office Suite applications (Outlook, Word, Excel, and PowerPoint)
- Excellent written and verbal communication skills
- Self-starter and focused eye for detail and accuracy
- Effective time management and organizational skills
- Associates Degree preferred; High School Diploma required
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonuses, and other forms of discretionary compensation awarded by the Company.
The hourly rate pay for this role is: $18/hour
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more!
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k)
About Us
Ascot Group Limited is a Bermuda domiciled global specialist in insurance and reinsurance. Built on a foundation of underwriting expertise, the Group comprises four divisions: Ascot Underwriting Limited-a Managing Agent for Syndicate 1414 at Lloyd’s; Ascot Reinsurance Company Limited-a Bermuda based specialty reinsurer; Ethos Specialty Insurance Services LLC-a New York based Managing General Underwriter (MGU); and Ascot Insurance U.S. – an admitted and surplus lines insurance business.
Ascot Group is owned by the Canada Pension Plan Investment Board (CPPIB), the largest pension plan in Canada with over $300 billion in invested assets and is ‘AAA’ rated by S&P and Moody’s.