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Underwriting Assistant

📅 Oct 18, 2021
UnderwritingInsurance Application ReviewSubmission ClearanceQuotes
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📜 Description

  • Set up new submissions in the clearance system and follow established procedures.
  • Assist underwriters with quotes, binders, policy issuance, and rate and premium calculations.
  • Review applications for accuracy and completeness; gather and organize loss runs, risk assessments, and related reports.
  • Follow up with producers to obtain outstanding information and manage account documentation.
  • Process and distribute binders, endorsements, and policies; prepare policies to match final binders.
  • Help develop underwriting workflows and maintain files for bound accounts.

🛠️ Requirements

  • 1-3 years of underwriting experience
  • Bachelor's degree
  • Strong written and oral communication skills
  • Ability to work independently and as part of a team
Full job description

Company Description

Job Description

We are currently hiring for Underwriting Assistant role. Remote(East Coast) & Fulltime

Below is the detailed job description. If interested & want to discuss more about the role, please reach me on 732-203-7434/amrutha.duddula AT nityo.com


Job Title: Underwriting Assistant
Location: Remote (EAST COAST)
Duration: Fulltime

 Job Description: Seeking an Underwriting Assistant to assist Underwriters with quotes, binders, and policy issuance workflows.

KEY RESPONSIBILITIES:
•             Establish new submission in the clearance system and handle according to established procedures
•             Assist Underwriters with quote, binder, and policy issuance workflows
•             Gathers and organizes information and reports (e.g., loss runs, risk assessments, and loss ratings) that support the underwriting decision.
•             Assist the Underwriter with the computation of rates and premiums.
•             Review incoming insurance applications for accuracy and completeness
•             Participate in the creation and development of the team's underwriting workflows and processes, including underwriting files for all bound accounts
•             Work with and follow up with producers for any outstanding information
•             Process and distribute insurance binders, endorsements and polices within processing standards established by management
•             Prepare all policies in accordance with final binders inclusive of review by underwriting staff
•             Manage all account documentation

QUALIFICATIONS:
•             1-3 years of underwriting experience
•             Bachelor’s Degree
•             Demonstrated strong written and oral communication skills
•             Ability to work both independently and within a team environment

Thank you,
Amrutha Duddula
Sr Talent Acquisition Specialist
Nityo Infotech Corporation

Phone: 732-203-7434
Email:
amrutha.duddula AT nityo.com
www.nityo.com
www.linkedin.com/in/amruthad/

 

Qualifications

Additional Information

All your information will be kept confidential according to EEO guidelines.

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