Exceptional opportunity awaits in Plano, Texas!
XPT Specialty is a premier specialty insurance Wholesale Broker, Managing General Agent (MGA), and Managing General Underwriter (MGU) with a widespread presence nationwide. Through a wealth of experience and exceptional service, we capitalize on our extensive network of distributors and carriers to service the needs of retail insurance agents across the country.
XPT Specialty seeks a talented professional with Excess & Surplus (E&S) Commercial Property and Casualty experience to join our growing team. As an Underwriting Assistant, you will play a critical role in ensuring the team’s efficiency and effectiveness by gathering relevant data, conducting initial risk assessments, assisting in the quoting process, and managing accounts throughout the policy lifecycle.
Responsibilities:
- Assist in underwriting new and renewal business, including solicitation, selection, rejection, and pricing strategies for a complex mix of business
- Maintain thorough knowledge of underwriting guidelines, carrier appetite, and state-specific insurance laws and regulations
- Within delegated authority levels, accept, reject, or modify new and renewal business to ensure a profitable book of business
- Monitor accounts to ensure compliance with carrier requirements
- Communicate with agents and brokers regarding declinations, exposure concerns, policy cancellations, and inspection results
- Cultivate and maintain relationships with agents, brokers, and insurance carriers
Qualifications:
- Broad knowledge of concepts and procedures related to commercial property and casualty insurance, which is typically acquired through a bachelor’s degree in a related field or at least 2 years of wholesale E&S related experience
- Ability to comprehend and analyze necessary components of insurance policies
- Familiarity with the underwriting process, including the processing of endorsements, NOCs, and audits
- Must possess strong verbal and written communication skills, including the ability to discern when to use telephone, email, or more formal means of communication
- Demonstrated ability to work independently with minimal supervision
- Effectively work in a team environment managing complex workloads while exhibiting strong analytical and decision-making skills
- Ability to work with multi-faceted systems, including rating software, AIM, and ImageRight
- Proficiency in Microsoft Office 365 products
- Must possess or obtain a Texas General Lines P&C Insurance license within three months of employment
Status: Full-time, 40 hours weekly, non-exempt position working traditional business hours, Monday through Friday.
Provided you have a high-speed internet connection, this role offers a hybrid work arrangement after successfully completing the training period.
Benefits:
- Medical, Dental, and Vision Insurance
- Retirement plan with company match
- Disability Insurance
- Employee Assistance Program
- Flexible Spending Account
- Health Savings Account
- Life Insurance
- Paid Time Off
- Paid Parental Leave
If you're looking for a challenging and rewarding position where your efforts directly contribute to the overall success of the team, we welcome and encourage you to apply!
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
