Underwriting Assistant

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

📋 Description

• Collaborate with Underwriters to determine the support requirements for renewals and/or new business policies.

• Identify and collect pertinent account information to quote and/or bind policies.

• Develop exhibits and prepare documentation for pre-renewal meetings.

• Create underwriting and pricing exhibits, which include exposures, experience rating, profit and loss analysis, expense models, triage, and updated account information.

• Oversee account documentation, such as proposals, agreement letters, reinsurance contracts, collateral agreements, policy modifications, endorsements, and cancellations.

• Ensure precise and timely servicing and billing of accounts.

• Maintain communication with brokers/agencies, wholesalers, and internal departments.

• Research and resolve issues, responding to inquiries and questions.

• Coordinate with the Operations Specialist to refresh internal systems and complete rating processes.

• Prepare quotes by evaluating exposures and experience rating, updating account information and rates, and making price adjustments as needed.

• Complete renewals in accordance with formal guidelines or Letters of Authority.

• Provide information for regulatory compliance, including statutory filings, proof of insurance, and certificates.

• Engage in projects and assignments as needed.

• Cultivate relationships with agents, wholesalers, peers, and business partners.

• Address conflicting priorities in cooperation with the team leader.

• Availability for agency visits may be required.

⛳️ Requirements

• A high school diploma along with 3+ years of relevant experience is required.

• Preferred: Three or more years of insurance experience related to rate, quote, and issuance of P&C Insurance.

• A Bachelor’s degree is preferred but not mandatory.

• Proficient in Microsoft Office applications, including Word, Excel, and Outlook.

• Strong knowledge of property insurance is a plus.

• Ability to independently assign class codes.

• Capable of managing bureau criticisms.

• Demonstrates prompt assessment and appropriate action in various situations.

• Must meet standards set by the manager and maintain high personal standards.

• Able to navigate complex organizational structures effectively.

• Effective communication skills, both in person and virtually.

• Comfortable adapting to change.

• Exhibits professionalism and a positive attitude in business settings.

• Shows initiative and motivation to seek development opportunities.

• Ability to adhere to guidelines and best practices while also innovating, with a focus on quality and customer service.

🏝️ Benefits

• Competitive compensation package.

• Generous 401K employer match.

• Employee Stock Purchase plan with employer matching.

• Generous Paid Time Off.

• Excellent benefits beyond health, dental, and vision.

• Whole-family wellness programs focused on physical, mental, and financial wellbeing.

• Tuition reimbursement.

• Industry-related certifications.

• Professional training opportunities.

• A dynamic, ambitious, fun, and exciting work environment.

• Matching donation program.

• Volunteer opportunities.

• Employee-driven corporate giving program.