Underwriting Assistant- West region
Remote
Description

  

Company Overview  

At Vault we specialize in providing personal insurance for highly successful individuals and their families. As a fast-growing disrupter Vault is fueled by a team inspired to protect our customers' most prized possessions. When others say it can’t be done Vault’s unrivaled business model equips our underwriters with the ability to offer more coverage and customized solutions for the most exquisite homes, automobiles and collectibles. Our in-house risk managers are experts when it comes to understanding the unique intricacies of insuring successful customers, ensuring proper coverage, loss prevention and emergency preparations. 

 


The Underwriting Assistant position will be a remote position, in the West region: CA, CO, NV, AZ, UT, WY, OR, MT, ID

 

Why Choose Vault  

Voted Best Places to work in Tampa Bay 

An innovative, open-minded environment, built on trust and empowerment 

A diverse and inclusive organization where we value each individuals’ strengths and expertise

A team committed to charity and community involvement

Mentorship from the top minds in the industry 

A forward-thinking team backed by cutting edge technology

A-Financial Strength rating by AM Best

Comprehensive benefits tailored to your lifestyle 


Job Responsibilities include but are not limited to: 

Performs general underwriting functions including submission reviews, pricing analysis, and setting policy terms and conditions.  

Analyze inspection reports, communicate inspection requirements, and determine if underwriting action is required.  

Monitor various reports for consistency and determining appropriate action or changes.   

Make and follow through with request for missing information from outside sources. 

Establish and maintain relationships with our agents; cross sell to round out existing accounts.  

Act as a liaison with our claims team on any claim’s activity and determine if underwriting action is required.  

Partner with Concierge and Underwriting teams in building and maintaining business relationships. 

Demonstrate solid service standards while developing strong sales skills and underwriting best practices. 

Develop relationship with assigned brokers.  Able to build trust and reputation in the market. 

Develop basic knowledge of underwriting guidelines and principles. 

Develop working understanding of applicable file documentation. 

Manage new business submission and issuance process within authority level with agents and Concierge partners. 

Manage Risk Services, Endorsement and Renewal support processes within authority level with Concierge and Underwriting teams. 

Identify and prioritizes tasks to assist the underwriters in winning the best business. 

Establish basic underwriting of internal reports.  

Establish ability to identify basic profile and loss indicators with book of business. 

Provide timely and clear account proposals to agent partners with underwriting supervision. 

Participate in agency web trainings.  

Navigation of presentation software applications.  

Successful identification of key players at brokers. 

Develop foundational understanding of industry with exposure to compliance, insurance laws, and insurance financials. 


Job Requirements include but are not limited to: 

· Bachelor’s degree or relevant experience in property & casual insurance industry.

· Proactive in building industry knowledge and continued education. 

· Analytical with good decision-making skills. Intuitively able to support UW's workload, binds, and needs. 

· Basic knowledge of all products, able to point out Vault's coverage advantages. Working knowledge of Vault's internal UW guidelines / philosophies.

· Clear, concise oral and written communication skills. 

· Team oriented, adaptable, and highly organized with time management. 

· Responsive, accessible, friendly, and positive. Delivers on promises and builds trust and confidence. Completes assigned work with a sense of urgency.

· Execution of patience and white glove service when engaging with agents/agencies relationships. 

· Open to development and feedback.

· Maintains excellent attendance and timeliness. 

· Flexible with work hours and assignments.


Benefits include but are not limited to: 

Flexible Spending Accounts & Health Savings Accounts, with company contributions 

Company paid comprehensive life & disability insurance plans. 

24/7 Telehealth Doctor Access, Virtual wellness screenings, Employee Assistance Programs 

Company 401k retirement plan with Day 1 eligibility (5% company match, 100% immediate vesting) 

23 PTO days/yr + 11 paid holidays... and so much more! 

Salary range $72-85k/yr + bonus, commensurate with experience and location.

We believe diversity makes us better, and we seek to create a workplace where all feel a sense of belonging. 

Salary Description
65,000-80,000