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Risk Specialists Companies Insurance Agency, Inc.
Senior Underwriting Assistant
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Scorecard
Based on New Jersey data
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What they do
An Underwriting Assistant assists insurance underwriters with administrative tasks and managing documents for insurance files, applications and claims. Assists with research, customer service, or compiling information for business or regulatory reports.
$55,273 / year median in New Jersey
Job Description
Senior Underwriting Assistant Risk Specialists Companies Insurance Agency, Inc. Jersey City, NJ Job Details Full-time $59,000
- $68,500 a year 1 day ago Benefits Health insurance Qualifications Computer operation Microsoft Excel Customer relationship building Research Client management Mentoring Productivity software Full Job Description About the role This position is part of the UW support career progression and may report to a Senior Specialist, UW Support, Team Leader, or to an Team Manager, Underwriting Support.
Key responsibilities:
In addition to the traditional UA duties (see description below), this role will: Support regional UA Manager in overseeing all daily business activities and act as the first point of call for all UAs in the region Review new submissions against prescribed criteria to determine if risk qualifies for LOB risk appetite. Triages submission for missing information and follows up with the broker for outstanding items. Performs a comparison of renewal submission information against prior year information and documents differences for underwriting (i.e.- large exposure change, new entities or sold entities, change in operations, significant change in loss history, etc.). Renewals
- prior to policy expiration, reviews policies for manuscript endorsements and initiates the manuscript endorsement approval process on behalf of underwriting.
- manual rating, policies, endorsements, etc.
Job Requirements:
Knowledge of commercial insurance policy forms and regulatory requirements; Bachelor's degree preferred or equivalent work experience. 3+ years of commercial insurance experience. Prioritizing- able to navigate and switch between multiple proprietary, vendor, web-based, and standard computer systems. Microsoft Office
- proficiency in Excel, Word, and Powerpoint Learning Agility
- willingness to learn from experiences and new situations. Client Servicing
- ability to anticipate client (internal and external) needs and act proactively. Problem Solving
- identify problems and solutions matched to the appropriate solutions. Attention to Detail
- demonstrate attention to detail to ensure accurate documentation is maintained. Leadership Skills
- ability to mentor peers in the team For positions based in Illinois, the base salary range is $59,000
- $67,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. For positions based in New Jersey, the base salary range is $60,000
- $68,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
Functional Area:
UW- Underwriting Risk Specialists Companies Insurance Agency, Inc.