Underwriting Assistant

Essential Duties/Functions

• Under the direction of an Underwriter or Senior Underwriting Assistant
• Work to support the Underwriting workflow in the day-to-day servicing and processing of new business and renewal accounts.
• Daily communication with Underwriters and/or Senior Underwriters to ensure that tasks are being completed.
• Absorb responsibility for assisting in audit preparation.
• Responsible for ensuring quality processing throughout the life cycle of a policy while building working relationships with internal and external teams.
• Maintain underwriting files by ensuring all relevant documents are included and appropriately filed/documented within System.
• Develop and maintain a strong working knowledge of underwriting guidelines, coverage forms, enhancements, rating plans and workflow.
• Follow up with Brokers and appropriate departments for outstanding subjectivities, loss run requests, inspections and other documentation as needed.
• Absorb responsibility for assisting in the review of new and renewal submissions to determine if they meet underwriting criteria, and for completeness of documentation.
• Request and review incoming Broker of Record letters, as appropriate.
• Process non-renewals and cancellation letters and endorsements.
• Review, finalize and issue policies.
• Underwrite risks and assist the Underwriting team in accordance with the business plan and within delegated underwriting authority.

Required Qualifications

• 2+ years of experience in commercial property insurance on the wholesaler, MGU, or carrier side.
• Ability to Multitask and prioritize work.
• Strong attention to detail and understand the importance of business needs.
• Strong organization and time management skills.

Pay

Pay range: $22-$25 USD/per hour