Underwriting Assistant

This is a fully remote position, open to applicants in United States.

📋 Description

• Collaborate with Cyber Underwriters in the acquisition of new business and the renewal of existing accounts to ensure consistent underwriting decisions.

• Work alongside Underwriters to identify and fulfill support requirements for both new and active policies.

• Gather and analyze pertinent account information necessary for quoting and/or binding policies.

• Prepare underwriting referrals that include assessments of security exposures, security controls, and updated account details.

• Oversee account documentation management, which entails proposals, certificates, collateral agreements, policy modifications, endorsements, cancellations, broker record updates, and letters of experience.

• Engage in communication with brokers/agencies, insured parties/customers, and internal teams.

• Investigate and resolve issues while addressing inquiries and concerns.

• Provide administrative assistance, which includes entering account data into systems.

• Support the underwriter with administrative duties throughout the complete lifecycle of a risk.

• Reserve quotes for new business.

• Organize files for renewals, including file structuring, loss runs, and contract comparisons.

• Issue policies for new business, renewal rewrites, and endorsements, focusing on document creation, file upkeep, and system updates.

• Prepare decline letters.

• Maintain underwriting files and documentation to meet established standards.

• Build and sustain customer relationships with Underwriters, Sales teams, and external clients.

• Complete ongoing compliance and regulatory training requirements.

• Follow company policies, procedures, and guidelines diligently.

• Assist with ad-hoc projects as necessary.

• Collaborate effectively as a member of the team.

⛳️ Requirements

• 1–5+ years of experience in Cyber Insurance.

• Strong time management abilities and the capability to prioritize tasks effectively to meet deadlines.

• Highly organized with the ability to manage multiple responsibilities simultaneously.

• Exceptional attention to detail.

• Advanced verbal and written communication skills.

• Solid understanding of cybersecurity concepts, industry trends, and emerging technologies/tools relevant to cyber risk.

• Proficiency in Microsoft Office, with advanced capabilities in Excel, Word, and PowerPoint.

• Bachelor’s degree.

• Ability to sit at a desk and work on a computer for extended periods.

• Must be capable of lifting up to 15 pounds on occasion.

🏝️ Benefits

• Annual performance bonuses may be available.

• Equity participation may be available.

• Comprehensive health benefits, including medical, dental, and vision coverage.

• 401(k) plan with employer contributions.

• Flexible paid time off (PTO).

• Reasonable accommodations for disabilities available upon request.