Rating Specialist jobs in New York, NY

Crum & Forster (C&F) with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2022 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.

Seneca Insurance is a specialty property and casualty insurer, part of Crum & Forster (Fairfax Financial Holdings, Inc.), which takes a creative and disciplined approach to providing profitable insurance solutions. Our most valuable asset is our staff - 300 employees, and growing, in locations throughout the United States - committed to delivering customized products with superior customer service. For more information about Seneca, please visit our website: http://www.cfins.com/seneca/.

Duties include providing support to the underwriters through the review of insurance applications for rating and computing of premiums on policies and endorsements, prepare policies, review change requests and process endorsements, place generated documents in appropriate location of the insureds' files, notate/update policy file documents according to procedure, and provide accurate coverage and statistical information for coding.

What you will do for C&F:

Rate/compute premiums for new and renewal quotes/polices and endorsements for all lines of business
• Generate rating worksheets
• Process new and renewal policies for all lines of business that have been rated, add regulatory forms, annotate forms when appropriate, and complete required documents to be readied for distribution
• Modify/update existing policies by endorsement, for all lines of business, to reflect change requests submitted by our underwriters
• Correspond with others in Operations and/or other departments to obtain information or inform on account status or changes
• Examine letters from policyholders or agents, original insurance applications, and other company documents
• Organize and work with detailed office systems
• Review and verify data, such as age, name, address, and policy premium, and other policy specific detail
• Print and or distribute as specified
• Calculate and prepare premium audits for underwriting review
• When needed handle Quality Verification items
• When needed train others in rating/processing/other tasks handled by a Sr. Ops. Specialist Rater
• Assist with projects related to rating/processing/QuickSolver

What you will bring to C&F:

• Strong mathematical aptitude
• Proficiency in Microsoft Office applications (Word, Excel, Outlook)
• Solid verbal and written communication skills
• Detail oriented
• Ability to work in a fast paced environment
• Be able to work independently as well as part of a team

• Produce high quality work product in both accuracy and quantity
• Undergraduate four year degree and/or insurance designation with 5 years of experience in rating and processing commercial insurance policies

• Will abide by departmental policies and procedures, including authority levels, to comply with C&F's risk management controls

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

#LI-AV1

Competitive compensation package

Generous 401K employer match

Employee Stock Purchase plan with employer matching

Generous Paid Time Off

Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing.

A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path.

A dynamic, ambitious, fun and exciting work environment

We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community.

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $44,625.00 to a maximum of $74,375.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.