Underwriting Assistant, Financial Lines

We are seeking an Underwriting Assistant to join our Financial Lines team based in either the New York, NY or Berkeley Heights, NJ offices.

Responsibilities

• Review and analyze incoming transactions and related information for completeness, accuracy, and quality.
• Handle multi-line new business submissions, renewal submissions, and endorsements processing including rating, policy construction, and assembly in a timely and accurate manner.
• Regularly review and adhere to department processing guidelines and procedures to ensure accuracy, including recommending changes or enhancements.
• Manage underwriting relationships with timely responses to service inquiries.
• Maintain all correspondence activity with internal and external customers, including daily diaries on pending transactions.
• Ensure compliance with state rules and regulations relative to cancellations and reinstatements.
• Gather and analyze underwriting information including experience reports, final audits, loss control reports, financial reports, and loss runs.
• Manage internal report updates based on manager discretion.
• Participate in peer review and quality control for the team(s) as needed.
• Contribute to special projects, including company-wide initiatives.

Requirements

• Bachelor’s degree or relevant work experience required.
• 2-3 years of Underwriting Assistant (UA) experience; Financial Lines-specific knowledge is a plus.
• Proficient knowledge of underwriting principles, product-specific coverage, policy forms, pricing tools, regulatory compliance, and insurance systems.
• Proficient in MS Office, with exceptional skills in Microsoft Excel.
• Strong desk management and written and verbal communication skills.
• Ability to prioritize competing demands and complete work within required time constraints with a high volume of work.
• Strong analytical skills and mathematical aptitude.
• Ability to work in a team environment and handle multiple deadlines with ease.
• Self-starter energized by independent learning and research.