Hybrid MRSGNA Underwriting Assistant, Surety
About the job
Company
Roanoke Insurance Group Inc
Location
Schaumburg , United States
Munich Re Specialty Group North America (MRSG N.A.) is looking for enthusiastic individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions.
We are seeking a full time Underwriting Assistant, Surety to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to the AVP, Surety Underwriting.
Job Profile
Processing of LC and GIA Documents; Contact with Financial Institutions where necessary
Input, Scanning, Filing and Processing of all documents received
Quarterly rating updates for LCs using IDC and S&P information
Daily and Monthly Reconciliation of Collateral Records utilizing Excel and proprietary software
Processing bond terminations and related system documentation
Retrieving, formatting, and distributing monthly Renewal Reports
Custom Bond Renewal Underwriting
Financial analysis and spreadsheet support
Job Requirements
1-2 years of experience in accounting, finance or business related - or -
Associates Degree in accounting, finance or general business
No initial Underwriting Authority given; subject to change based on training and performance with max level authority no more than $500M.
Attention to detail
Ability to monitor and meet deadlines
Effective oral and written communication
Ability to take direction and prioritize
Beginning/moderate level Excel
Beginning/moderate level Word
About Us
MRSG N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.
SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence.
RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.
Benefits
We offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package. All of our benefits are effective the first day of employment including:
Generous healthcare plans
Voluntary dental & vision plans
401(k) plan
Flexible spending plans
Health Savings Accounts (HSA)
Paid time off
Paid holidays
Tuition reimbursement
Short/long term disability
Paid Parental Leave
Employee Assistance Program (EAP)
Employee Wellbeing Program
Community involvement
Life insurance
At MRSG N.A., individuality is a key driver for our success and progress. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but were committed to building an inclusive culture where everyone is welcomed and valued for their authentic selves.
We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Applicants requiring employer sponsorship of a visa will not be considered for this position.
California applicants, please review our CA Privacy Statement at: https://www.roanokegroup.com/career-opportunities/
Apply Now
Company
Roanoke Insurance Group Inc
Location
Schaumburg , United States
Munich Re Specialty Group North America (MRSG N.A.) is looking for enthusiastic individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions.
We are seeking a full time Underwriting Assistant, Surety to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to the AVP, Surety Underwriting.
Job Profile
Processing of LC and GIA Documents; Contact with Financial Institutions where necessary
Input, Scanning, Filing and Processing of all documents received
Quarterly rating updates for LCs using IDC and S&P information
Daily and Monthly Reconciliation of Collateral Records utilizing Excel and proprietary software
Processing bond terminations and related system documentation
Retrieving, formatting, and distributing monthly Renewal Reports
Custom Bond Renewal Underwriting
Financial analysis and spreadsheet support
Job Requirements
1-2 years of experience in accounting, finance or business related - or -
Associates Degree in accounting, finance or general business
No initial Underwriting Authority given; subject to change based on training and performance with max level authority no more than $500M.
Attention to detail
Ability to monitor and meet deadlines
Effective oral and written communication
Ability to take direction and prioritize
Beginning/moderate level Excel
Beginning/moderate level Word
About Us
MRSG N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.
SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence.
RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.
Benefits
We offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package. All of our benefits are effective the first day of employment including:
Generous healthcare plans
Voluntary dental & vision plans
401(k) plan
Flexible spending plans
Health Savings Accounts (HSA)
Paid time off
Paid holidays
Tuition reimbursement
Short/long term disability
Paid Parental Leave
Employee Assistance Program (EAP)
Employee Wellbeing Program
Community involvement
Life insurance
At MRSG N.A., individuality is a key driver for our success and progress. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but were committed to building an inclusive culture where everyone is welcomed and valued for their authentic selves.
We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Applicants requiring employer sponsorship of a visa will not be considered for this position.
California applicants, please review our CA Privacy Statement at: https://www.roanokegroup.com/career-opportunities/
Apply Now