BITCO Insurance Companies

Associate Underwriter

BITCO Insurance Companies$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of Commercial Insurance experience preferred
  • Intermediate to advanced knowledge of commercial rating
  • Excellent verbal and written communication skills
  • Ability to read and interpret policy terms
  • Strong multitasking abilities with respect to deadlines
  • Demonstrated sense of urgency in tasks
  • Customer service expertise with prompt responsiveness
  • Capacity to work both independently and in a team environment

Responsibilities

  • Review and enter new business submissions into the policy system
  • Perform loss analysis and review documentation on accounts
  • Prepare issuance instructions for proposals or binder orders
  • Provide Underwriting support on smaller accounts as needed
  • Collaborate with the Underwriting team on various tasks
  • Build and maintain effective agent relationships
  • Develop information for special reports and projects
  • Initiate renewal information requests and manage risk control services
  • Administer changes to new and renewal policies based on guidelines
  • Calculate premiums for endorsements and cancellations
  • Resolve billing issues with the internal billing team
  • Coordinate account documentation and follow up on details

Benefits

  • Competitive salary with a comprehensive benefits package
  • Generous paid time off and 12 paid holidays annually
  • Comprehensive health coverage including medical, dental, and vision
  • Company-paid life and disability insurance
  • 401(k) Savings and Profit-Sharing Plan
  • Ongoing education and professional development support
  • Flexible scheduling with start and end time options
  • Corporate philanthropy and community service initiatives
  • Optional travel, commuter, and pet insurance
  • Employee wellness support with fitness programs
Full Job Description
BITCO Corporation is seeking an Associate Underwriter to join our branch office located in Pasadena/Diamond Bar CA. As a respected specialty insurer with 11 branch offices across 10 states, BITCO delivers tailored insurance solutions to complex industries such as construction, forest products, and oil and gas.

This position is open to a hybrid work arrangement, blending flexibility with meaningful in-person collaboration. Candidates should be comfortable with occasional business travel to other BITCO offices and offsite locations.

Position Summary:

This position provides essential operational and administrative support to the local Underwriting team through a variety of functions, including new and renewal policy setup, account analysis, account coordination, data collection, and follow-up on outstanding information. The role supports efficient underwriting operations by ensuring accuracy, organization, and timely processing of account-related activities.

Primary Responsibilities:

  • Review new business submissions and enter into the policy system; review for fit within underwriting guidelines
  • Performs loss analysis and reviews other important detail and documentation on applications and accounts
  • Prepare issuance instructions according to either a completed proposal or binder order
  • May provide a full range of Underwriting support on smaller, less complex accounts
  • Collaborates with Underwriting team on quotes, renewals, applications, changes, and Underwriting issues
  • Builds and maintains effective relationships with agents, providing prompt service on questions, requests, and/or issues
  • Develops information for special reports and projects, as requested by Underwriting team or management
  • Initiates requests for renewal information and orders Experian or other investigative reports; initiates appropriate risk control service
  • Administers changes to new and renewal policies, utilizing the company's current rating/publishing system and ISO, NCCI, and related on-line manuals
  • Calculates premiums for endorsements and cancellations of policies
  • Works with internal billing team to resolve any issues related to billing on accounts
  • Coordinates account details and documentation, such as file set-up, follow up on endorsements, form completion, and proofreading
  • Performs other duties as assigned


Qualifications:

  • 2+ years of Commercial Insurance experience strongly preferred
  • Intermediate to advanced knowledge of commercial rating
  • Excellent communication skills, both verbal and written
  • Ability to read and interpret policy terms and other factual information
  • Ability to multi-task effectively within assigned deadlines
  • Demonstrated sense of urgency
  • Proven ability to provide prompt and effective customer service
  • Must be able to work effectively in an independent and team environment


Salary: $70,000.00-$95,000.00, Commensurate with experience

Benefits:
  • Competitive salary paired with a comprehensive benefits package
  • Generous paid time off, plus 12 paid holidays annually
  • Comprehensive health coverage, including medical, dental, and vision plans
  • Additional protection through accident, critical illness, and hospital indemnity insurance
  • Company-paid life insurance equal to 2× annual salary
  • Company-paid short-term and long-term disability coverage
  • 401(k) Savings and Profit-Sharing Plan through Old Republic
  • Ongoing education, training, and professional development opportunities
  • Support for industry certifications and insurance designations, including financial assistance
  • Flexible scheduling with a two-hour window for start and end times within a 7.5-hour workday
  • Opportunities to give back through corporate philanthropy and community service initiatives
  • Optional benefits including travel, commuter, and pet insurance
  • Employee wellness support through a dedicated fitness program

About BITCO Insurance Companies

BITCO Insurance Companies is a group of insurance companies that provide commercial property and casualty insurance products and services. The company offers a range of insurance products, including general liability, commercial auto, workers' compensation, and umbrella coverage. BITCO Insurance Companies serves a variety of industries, including construction, manufacturing, and transportation. The company was founded in 1919 and is headquartered in Des Plaines, Illinois.
Learn more about BITCO Insurance Companies
Size
400 employees
Industry
Founded
1917

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