Among insurance claims and policy processing clerks, AI is already used for some of the tasks. Measured exposure for insurance claims and policy processing clerks: 15% (some).

Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.

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About the job

We are seeking an Underwriting Assistant to join our Financial Lines team based in either the New York, NY or Berkeley Heights, NJ offices. The Underwriting Assistants review and analyze incoming transactions and related information for completeness, accuracy and quality. They are responsible for multi-line new business submissions, renewal submissions, and endorsements processing including rating, policy construction, and assembly in a timely and accurate manner.

Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes /enhancements

Manage underwriting relationships with timely responses relative to service inquiries.

Maintain all correspondence activity with internal and external customers including daily diaries on pending transactions

Ensure compliance with state rules and regulations relative to cancellations and reinstatements

Gathering and analyzing underwriting information including experience reports, final audits, loss control reports, financial reports, and loss runs

Ability to manage internal report updates based on manager discretion

Participates in peer review and quality control for the team(s) as needed

Special projects, including participation in company projects, as needed

qualifications

Bachelor’s degree or relevant work experience required

2-3 years of UA Experience, Financial Lines - specific knowledge a plus

Proficient knowledge of underwriting principles, product-specific coverage, policy forms, pricing tools, regulatory compliance, and insurance systems

Proficient in MS Office, with exceptional skills in Microsoft Excel

Strong desk management and written and verbal communication skills.

Ability to prioritize competing demands and requests to complete work within required time constraints with a high volume of work.

Demonstrate strong analytical skills and mathematical aptitude.

The ability to work in a team environment and handle multiple deadlines with ease.

Self-starter that is energized by independent learning and research

NYC Based Candidates Only: Salary range for this role is 65-85k, based on relevant experience and skillset

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

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