Job Details

Legal Staff Paralegal in New York City, NY

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Company name

Allied World Assurance Company

Organization Type

In-House

Job Type

Legal Staff

Practice Area

Insurance Coverage

Years of Experience

Min 3 yrs required

Location

USA New York City, NY

Date Last Verified

Jan 14,2018

Posted on

Jan 13,2018

4 hits

Profile

Technical Underwriting Assistant Duties: Assist the M&A Underwriting Team by providing technical support including pre-underwriting new submissions, drafting and processing binders, drafting underwriting summaries, maintaining electronic folders, maintaining proprietary databases and issuing policies. Act as the liaison between the Underwriters and insurance brokers for service-related issues. Act as a liaison between the Underwriters and internal Allied World groups such as accounting, legal and claims. Assist the Underwriting Team with new submissions, following each submission through to policy issuance, or submission declination. Manage manual submission intake requests and maintain related database. Transmit released quotes into Allied World’s proprietary underwriting system and other applications. Provide exemplary customer service by responding to outside inquiries, processing binders and issuing insurance policies within established timeframes. Ensure that all policy documents created and any information entered into Allied World systems is complete and conforms to established service standards. Complete all required checklists and procedures to ensure compliance with company guidelines. Manage the follow-up process for outstanding subjectivities and elevate those that are unresolved as necessary. Complete and distribute insurance documentation to policyholders via insurance brokers. Establish and maintain electronic underwriting files in accordance with paperless procedures and department file structure. Ensure all e-files are complete and information is saved appropriately. Ensure that all underwriting databases are up-to-date and in good order. Assist in drafting underwriting worksheets for quoted deals and in drafting underwriting summary sheets and binders for underwritten accounts. Provide superior customer service to internal constituents by providing assistance and answering questions via phone and email in conjunction with the Underwriting Team. Work as primary contact for internal groups such as accounting, legal and claims. Contribute to the success and growth of the department and the company by completing additional tasks and projects as requested by the North American M&A Underwriting team.

Qualification and Experience

Qualifications: College degree or comparable paralegal training or degree. 3+ years’ professional (legal preferred) work experience. Previous insurance or corporate paralegal experience with a recognized law firm, corporate paralegal department or other professional services firm preferred. Proficient computer skills, especially in Windows-based systems Microsoft Word and Excel, and internet explorer based applications. Ability to communicate verbally and in writing. Strong financial acumen. Capable of working independently and in a team environment. Must be highly organized, accurate, and detail oriented. Ability to perform standard office functions and filing.

Additional info

Ref. 1800000E

Company info

Hiring Coordinator
Allied World Assurance Company
199 Water Street
24th 29th Floors
New York City, NY 10038