Underwriting Operations Specialist at INS - KC in Kansas City, Missouri

Job Description:

The Underwriting Operations Specialist participates in underwriting operations support functions in Arch's Warranty & Lender Solutions Division. 

Functions related to this position include premium loading and balancing, premium auditing, new client setup and production of management reports.

Specific responsibilities may include:

• Responsible for processing premium batches for all Warranty & Lender Solutions Division Products that are received from our agents and administrators.


• Contact and resolve with agents and administrators any data or reconciliation issues with the premium batches.


• Conduct in-house audits related to the accuracy of new premium transactions and refund transactions for the Lender Division Products.


• Calculate the monthly contingent commissions for the agents and administrators as needed.


• Validate the monthly cession statements for our reinsurance portfolio.


• Identify and recommend to the Underwriting Operations Manager process or system changes to improve data capture or overall product management related to the various products.


• Other duties and/or special projects as assigned.

Key Competencies:

• Knowledge of insurance premium processing and policy management systems/databases is required.


• Customer service and negotiating skills are also helpful in dealing with existing clients and prospects.


• Analytical and Accounting reconciliation skills preferred.


• Embraces the values and behaviors of the Arch Experience.

 Technical Skills:

• Advanced knowledge of Microsoft Excel (various data file formats ie.CSV.TXT) and Word are also required.

 Experience:

• Three years of prior experience in insurance industry involving insurance/premium accounting and/or insurance underwriting operations.


• Experience working with agents/F&I administrators or financial institutions, while not required, is an added benefit.