Underwriting Technician

This is a fully remote position, open to applicants in Connecticut, +5 more states.

📋 Description

• Oversee the recording and progress of underwriting submissions by the underwriting teams in the US and UK.

• Track the submission recording system to ensure timely and precise updates.

• Supervise the use of reinsurance capacity for each transaction with underwriters in accordance with Underwriting Guidelines and Reinsurer Risk Appetite.

• Manage both internal and external communications, as well as approvals necessary to advance transactions.

• Finalize documentation with underwriters, ensuring all signatures and required information are collected.

• Collaborate with Operations to ensure swift binding and accurate recording of deals within systems.

• Organize and correctly file deal documents following underwriter guidelines and corporate protocols.

• Maintain underwriting files, which include endorsements, amendments, and correspondence in online policy files.

• Coordinate with Operations, Finance, and Accounting on billing, reserving, and monitoring premiums.

• Manage premium schedules, invoices, and oversee payment collection and processing.

• Communicate with brokers to facilitate transactions and address outstanding queries.

• Process policy amendments and updates, ensuring policy recording systems are current.

• Prepare, distribute, and analyze reports; identify discrepancies and ensure necessary follow-ups are conducted.

• Review and circulate monthly bordereaux and associated reports to reinsurers.

• Maintain underwriting reference materials.

• Assist in the development and implementation of the new underwriting system.

⛳️ Requirements

• Bachelor’s degree.

• At least 2–5 years of relevant experience in the insurance industry.

• Highly organized and disciplined, capable of excelling in a remote work setting.

• Strong time-management skills with the ability to sustain high productivity levels with minimal direct supervision.

• Outstanding English interpersonal and communication skills.

• Proficient in navigating internal and external networks to advocate for the business unit.

• Commitment to adhering to operational protocols with a focus on high-quality output and client service.

• Expert-level proficiency in the Microsoft Office Suite.

• A dedicated and collaborative team player.

• Direct experience or foundational knowledge in Credit & Political Risk insurance (preferred).

• Advanced project planning skills with a proven ability to organize, prioritize, and manage deliverables amidst fluid, overlapping, or conflicting deadlines (preferred).

🏝️ Benefits

• Medical, Dental & Vision.

• Savings Account Options.

• Disability.

• Life Insurance.

• 401(k) match of 50% on the first 7% once eligible.

• 18 days of paid time off plus holidays.