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Surety Underwriting Assistant (Sioux Falls, SD)

Job ID: 1007112
Date Posted: Oct 14, 2021
Department ID: MI0917 Commercial Surety-Home Office
Company: Maguire Insurance Agency Inc

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Job Description

Marketing Statement

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries.   We have been in operation since 1962 and are nationally recognized as a member of  Ward's Top 50 and rated A++ by A.M.Best.

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Duties

We are looking for a Surety Underwriting Assistant to join our team in Sioux Falls, SD!

Summary -

Provide support and assistance to surety underwriting staff by handling administrative and routine underwriting tasks.


A typical day will include the following:

Responsible for accurate premium registration and invoicing, coding, pricing and commission calculations.

Responsible for performing technical support functions and coordinating resolutions of technical support problems in the office.

Researches premium entry and premium collection problems.  Reviews with underwriter or operations manager for proper resolution.

Assists with the pursuit of information from broker/agents, and miscellaneous administrative duties.  This will include, but is not limited to processing of broker/agent licensing, and contract and power of attorney administration.

Processes bid and final bond requests within underwriting authority limits established for the account with underwriter supervision.

Assists in gathering routine underwriting data and prescreens underwriting information as requested by underwriter.

Ensures proper completion of bond forms and compliance with state requirements and maintains account and bond files as directed.

Assists with inputting financial "work in progress" data received from contractors, utilizing computerized underwriting systems.

Qualifications

Successful candidates will have the following:

 

  • Strong attention to detail
  • Ability to work in fast paced, service driven environment
  • High School Diploma or equivalency required 
  • Insurance experience desired but not required

EEO Statement

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer.  In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status,  sexual orientation and/or any other status protected by law. 

Benefits

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.

Disclaimer

This position is not able to be performed within the state of Colorado.

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