Property Underwriting Support Specialist

Kalepa; New York, Northern (NY, KY); Hybrid; USD 70,000 - 110,000; Full time

Job summary

MSIG USA is seeking a detail-oriented Underwriting Support Specialist to assist with new and renewal accounts under minimal supervision. You will collect data, input financial and statistical information, prepare quotes and binders, and provide reports to underwriters, ensuring accuracy and timeliness in policy production.

You will interact with brokers and internal teams, manage data quality across multiple systems, and support process improvements in underwriting operations while delivering

Qualifications

• 3+ years insurance or reinsurance experience with emphasis on analytic functions in underwriting support, underwriting, and/or accounting.
• Working knowledge of rating and pricing models across all lines of business.
• Strong customer service and data accuracy expectations.

Responsibilities

• Collect and reconcile new and renewal submission information to prepare policy/account files for underwriter review with minimal direction in accordance with company underwriting guidelines and standards.
• Review and analyze account information for necessary underwriting data (exposures, loss information, driver information, financials, loss control reports, etc.).
• Input financial and statistical information into the appropriate system(s) to provide timely and accurate quote (pricing), policy, reinsurance, endorsement processing.
• Maintain various databases to ensure all systems accurately reflect updated account information/documentation in accordance with company underwriting guidelines.
• Interpret data and set up accounts in appropriate system(s) ensuring accuracy, often working directly with the underwriter.
• With minimal guidance from Underwriter produce quotes and binders for new and renewal accounts/policies.
• Complete all aspects of reinsurance tasks per underwriting guidelines with minimal supervision.
• Review and analyze accounts for reinsurance placement, organize information and accurately input data into required system.
• Obtain required underwriting data from client.
• Manage all aspects of the risk account from submission to applicable document issuance.
• Perform quality control checks to ensure data accuracy and maximize the integrity, quality and usability of information.
• Proactively problem solve to meet and exceed client/broker expectations with internal standards.
• Work on identifying process/system improvement concepts, and critical success factors for achieving high results in Operations.
• Provide excellent customer service in a timely and professional manner to internal and external customers including, but not limited to Underwriters; Operations; Agents and Brokers; to facilitate the processing of business with current and prospect accounts.
• Respond to brokers service requests for loss runs, endorsements, etc.; ensuring all appropriate documentation is received; troubleshoot transaction processing issues with the Operations Department.
• Research and assist in resolving inquiries generated from internal and external customers (i.e., policy/account status, rating, and billing issues, etc.).
• Participates in broker/agency visits, loss inspections, etc., per Underwriter’s recommendation.
• Orders and retrieves Risk Engineering reports as necessary based on underwriting criteria.
• Reviews inspection reports and summarizes/highlights key elements based on existing underwriting data; follow-up on recommendations to ensure compliance to MSIG risk management standards.
• Accurately enter data into Cat Modeling Template and submit to Cat Modeling Team.
• Analyze output for both catastrophe management as well as improve underwriting decisions.
• Provide the underwriter with base analysis (i.e., flood zone info, if included).
• With minimal supervision, process, and issue mid-term premium and non-premium bearing endorsement transactions within threshold.
• Refer all material change endorsement requests to appropriate Underwriter for sign-off and approval.
• Properly document all systems/account files within established due dates.
• Ability to effectively manage, organize and prioritize multiple tasks.

Skills

Underwriting support

Analytical skills

Insurance knowledge

Data entry

Education

College degree in Insurance/Business/Accounting

Job description

MSIG USA is seeking a detail-oriented Underwriting Support Specialist to assist with new and renewal accounts under minimal supervision. You will collect data, input financial and statistical information, prepare quotes and binders, and provide reports to underwriters, ensuring accuracy and timeliness in policy production.

You will interact with brokers and internal teams, manage data quality across multiple systems, and support process improvements in underwriting operations while delivering