Underwriting Assistant

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

📋 Description

• Assist in implementing underwriting business strategies and initiatives as directed by the Manager.

• Offer pre-quote transaction assistance, which includes validating information in underwriting workbooks and systems.

• Confirm documentation related to coverage and limits prior to finalizing transactions.

• Engage with producers to gather necessary information for transaction completion.

• Examine and process bind orders before the issuance of policies.

• Create policies, validate policy details, approve drafts within designated authority, establish electronic document management records, and secure underwriter approval when necessary.

• Record premiums and ensure accurate posting.

• Issue authorized policies and review associated underlying policies.

• Relay policy data to Workers Compensation bureaus, the Department of Motor Vehicles, and other external agencies.

• Address reporting-agency critiques in a prompt manner.

• Handle post-bind transactions, including subjectivity and inspection follow-up, endorsements, cancellations, and reinstatements.

• Collaborate with internal teams to respond to policy inquiries, resolve issues, and enhance processes.

• Analyze and report on monthly Pended Transaction and Un-mailed reports categorized by Profit Center.

• Maintain cross-training proficiency for other Profit Centers.

• Execute additional assigned responsibilities and special projects.

⛳️ Requirements

• Extensive knowledge in surplus lines policy issuance and post-bind operations.

• High school diploma or GED is mandatory.

• Outstanding attention to detail and strong organizational capabilities.

• Proactive and able to take initiative.

• Proficient in computer applications, including Word, Excel, email, and internet technologies.

• Strong mathematical and data analysis abilities.

• Capability to interpret and manipulate report data effectively.

• Ability to thrive in a fast-paced environment and transition quickly between projects.

• Competence in reviewing and interpreting complex data.

• Excellent problem-solving skills to identify discrepancies and resolve challenges.

• High accuracy when reviewing documents, entering data, and processing transactions.

• Ensure that information is complete, accurate, and compliant with company standards.

• Exceptional verbal and written communication skills.

• Capacity to ask clarifying questions and provide updates as necessary.

• Ability to collaborate effectively with underwriters, assistants, and cross-functional teams.

• Willingness to share knowledge, support colleagues, and foster a positive work environment.

• Ability to deliver quality and timely service to both internal and external customers.

• Proficiency in Microsoft Word, Excel, Outlook, SharePoint, and other online technologies.

• Ability to manage multiple tasks and operate in a fast-paced environment to meet service level agreements (SLAs).

🏝️ Benefits

• Competitive compensation package.

• Generous employer matching for 401K plans.

• Employee Stock Purchase plan with employer matching.

• Generous Paid Time Off policy.

• Health, dental, and vision insurance benefits.

• Wellness programs for the entire family focusing on physical, mental, and financial health.

• Tuition reimbursement opportunities.

• Support for industry-related certifications and professional development training.

• A dynamic, ambitious, and enjoyable work environment.

• Matching donation program available.

• Volunteer opportunities provided.

• Employee-driven corporate giving initiatives.

• Commitment to inclusivity and diversity.

• Equal employment opportunity assurance.