Underwriting Assistant
Starr · Chicago, IL · 1 mo ago
FinanceFull-time
Key Responsibilities
- Aid underwriters by collecting, reviewing, and analyzing submission documentation.
- Enter and maintain accurate data in underwriting systems and databases.
- Prepare quotes, binders, endorsements, declinations, and other correspondence as directed.
- Communicate with agents, brokers, and internal departments to obtain missing information or clarify submission details.
- Support the preparation and issuance of policies, renewals, and endorsements according to established guidelines.
- Maintain compliance with internal procedures, regulatory requirements, and quality control standards.
- Assist in preparing reports and compiling data for team meetings or management reviews.
- Provide general administrative support, such as maintaining digital files, organizing documentation, and scheduling meetings.
Qualifications
- A high school diploma or equivalent is required.
- An associate's or bachelor’s degree in Business, Insurance, or a related field is preferred.
- One to two years of experience in insurance (property/casualty) or administrative support roles, preferably within underwriting or builders risk.
- Familiarity with insurance terminology, concepts, and processes is preferred.
- Excellent attention to detail, accuracy, and organizational skills are essential.
- Strong verbal and written communication abilities are required.
- Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and ability to learn industry-specific software are necessary.
- The ability to manage multiple tasks and deadlines in a fast-paced environment is important.
- A commitment to maintaining confidentiality and exercising sound judgment is expected.