What are the responsibilities and job description for the UNDERWRITING ASSISTANT position at Coverys, Inc.?
Position Summary
The Underwriting Assistant supports the underwriting team with data entry, processing submissions, customer service, and assigned projects. In addition, the Underwriting Assistant will provide administrative support to the Underwriting team, maintain files, and ensure records comply with the company's compliance policies.
Essential Duties & Responsibilities
- Data Entry . Accurately input and maintain policy information into our underwriting system. Verify policy information against established guidelines and underwriting criteria to ensure compliance. Access external databases to extract required information. Work as a liaison between Underwriting and IT to validate data from external parties.
- File management . Maintain underwriting files in the appropriate location. Retrieve documents as needed for underwriters, claims personnel, auditors, or others.
- Document review . Assist underwriters by reviewing insurance applications / submissions, and policy documentation for completeness and accuracy. Identify any discrepancies or missing information and report them to the proper individuals. Issue policies and endorsements as directed by the underwriters. Ensure that all documents are accurate and appropriately approved.
- Correspondence . Prepare routine correspondence, such as policy confirmations, renewals, notices, non-renewal notices, and endorsement letters. Maintain professionalism and adhere to company communication guidelines.
- Administrative Support . Support the Underwriting team by supplying general administrative support as needed. Create loss runs and other applicable reports. Act as liaison between Underwriting and other departments. Work with Product & Services team on regulatory mailings and represent Underwriting in assigned operational meetings. Fulfill all regulatory requests and data calls and remit the information to tax / legal / product & state reporting.
- Compliance and quality assurance. Assist in keeping accurate and up-to-date records, ensuring compliance with company policies.
Education, Experience, Competencies & Values
Base salary range is $45,580 - $68,030. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.
If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!
Salary : $45,580 - $68,030