Underwriting Assistant

Multi-state commercial insurance carrier is seeking an Underwriting Assistant for the Passenger Transportation Division based in Long Beach, NY.

Responsibilities

• Provide support to Underwriters in determining acceptability, quality, and profitability of new and existing business based upon company underwriting guidelines and objectives.
• Prepare various underwriting exhibits necessary for underwriter/management review.
• Assist in developing insurance proposals, approve endorsements, process binds, cancellations, non-renewals, and obtain required underwriting approvals where needed.
• Develop account summaries by analyzing and aggregating loss runs, MVRs, and external websites such as FMSCA, as well as any other pertinent information.
• Develop appropriate rate sheets (in the company’s rating system), as needed/directed by the Underwriter.
• Prepare and complete pre-policy documentation for policy issuance, including signed applications, State UM/PIP Selection forms based on various state requirements, and binder subjectivities to ensure file completeness.
• Review policies and documents for accuracy.
• Perform related duties as required or requested, including report preparation, presentations, and special projects.
• Effectively communicate and collaborate with other team members to broaden knowledge of the product line and/or technical pricing knowledge.

Requirements

• Bachelor’s degree from a four-year college or university, or 2+ years of related transportation underwriting experience and/or training (equivalent combination of education and experience will be considered).
• 3+ years’ experience in Auto Liability insurance.
• Proficiency in Microsoft Office (Word, Excel, Outlook).
• Strong written and verbal communication skills.
• Strong math skills.
• Good computer skills.
• Detail-oriented with the ability to work in a team environment and adapt to daily changing needs and job duties.
• Good organization and effective time management.
• Able to handle multiple projects and tasks in a rapidly changing environment.

Pay

The expected pay range for this role is $58,000 - $62,000. The specific offer will depend on an applicant’s skills and experiences and may be adjusted for geographic differential.

Benefits

• Medical, dental, vision, and life insurance.
• Short- and long-term disability.
• 401(k) plan with a 100% company match of a 6% contribution.
• Employee Assistance Plan.
• Health Savings Account (HSA).
• Flexible Spending Account (FSA).
• Health Reimbursement Account (HRA).
• Wellness program.

Applicants must be authorized to work for any employer in the U.S. Sponsorship for work authorization is not available for this position.