Underwriting Assistant

This is a fully remote position, open to applicants in New Jersey.

📋 Description

• Oversee the servicing of both new and renewal accounts, ensuring compliance with company and carrier guidelines.

• Generate invoices and policy documentation.

• Assist in underwriting and rating processes.

• Detect and rectify processing issues.

• Deliver professional support to agents, carriers, and internal stakeholders.

• Underwrite renewal business with limited supervision and escalate any exceptions as necessary.

• Clarify liability and program coverages to clients and potential clients.

• Mentor underwriting clerks and policy typists.

• Evaluate policies, endorsements, audits, and cancellations; address discrepancies and facilitate corrections.

• Rate both new and renewal business utilizing approved methodologies and tools.

• Manage account documentation and retention processes.

• Process requests for policy servicing, endorsements, audits, carrier inquiries, certificates, premium finance notices, and cancellations.

• Invoice and process new business and renewal binders, as well as premium-bearing endorsements and cancellations.

• Establish and route new submissions within the clearance system.

• Generate cancellation and non-renewal notifications.

• Maintain underwriting files, pending/suspense systems, diary systems, and account files.

• Execute additional duties that support underwriting operations and service obligations.

⛳️ Requirements

• A high school diploma or equivalent education is mandatory.

• An associate degree or relevant work experience is preferred.

• A state-specific insurance license is necessary.

• Familiarity with commercial multi-line underwriting concepts, coverage analysis, and rating fundamentals.

• Capability to interpret policy forms, endorsements, audits, cancellations, and carrier guidelines.

• Skill in identifying and resolving discrepancies.

• Proficiency in Windows-based applications, Delphi, Microsoft Word, DocuCorp, and Rackley ISO Rating Software.

• Strong skills in documentation and file management.

• Effective written and verbal communication abilities.

• Ability to prioritize tasks, track pending items, and meet deadlines in a fast-paced environment.

• Willingness to work extended hours when necessary.

🏝️ Benefits

• Medical, dental, vision, life, disability, and AD&D insurance.

• Tax-advantaged savings accounts.

• 401(k) plan with company match.

• Company holidays.

• Vacation and sick days.

• New parent leave.

• Restricted stock units for eligible positions.

• Deferred compensation plan for eligible positions.

• Learning and leadership development programs.

• Competitive compensation.

• Health benefits.

• Retirement plans.