Underwriting Analyst

starrcompanies; New York (NY); On-site; USD 55,000 - 75,000; Full time

Job summary

Starr is seeking an organized underwriting support professional to assist the General Property portfolio in New York. You will enter submissions, support renewals, prepare exhibits, and help with binders and files.

Ideal candidates have a Bachelor's in Risk Management and Insurance, 1–2 years in underwriting or related fields, and strong MS Excel/Word skills. Excellent communication and multitasking are a must.

Qualifications

• Bachelor's degree in Risk Management and Insurance or equivalent work experience.
• 1–2 years of related underwriting experience preferred.
• Administrative/clerical experience in underwriting.
• Strong MS Excel and Word skills.

Responsibilities

• Enter new submissions and update the Submission register.
• Assist underwriters in renewal preparation and prepare premium & loss exhibits.
• Assist underwriters in obtaining D&B reports, catastrophe analysis, and quotation letters.
• Prepare insurance binders and reinsurance layoff sheets to book and bill accounts.
• Set up new and renewal account files upon binding.
• Prepare policies and endorsements for underwriter review.
• Follow up on information needed from brokers.
• Maintain reports as required by Underwriters.
• Premium entry and reconciliation.

Skills

Communication

Organization

Prioritization

Attention to detail

Education

Bachelor's in Risk Mgmt

Tools

MS Excel

MS Word

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

This position will provide support to the underwriting activities for the General Property portfolio.

Essential Job Functions

• Entering new submissions and updating the Submission register
• Assisting underwriters in renewal preparation including, but not limited to, the preparing of premium & loss exhibits.
• Assisting Underwriters in attaining D&B reports, preparing catastrophe analysis and preparing quotation letters
• Preparing insurance binders and reinsurance layoff sheets in order to book and bill new and renewal accounts.
• Setting up new and renewal account files upon binding accounts
• Preparing policies and endorsements for underwriter review
• Following up on information needed from brokers.
• Maintain reports as required by Underwriters.
• Premium entry and reconciliation

Job Requirements

• Bachelor's degree in Risk Management and Insurance, or equivalent work experience
• 1 - 2 years of related experience preferred (Insurance Internships will be considered)
• Ideal candidates will have administrative/clerical experience in an underwriting environment.
• Strong communication and organizational skills with the ability to handle multiple tasks and prioritize.
• Strong computer skills with advanced knowledge of MS Excel and Word

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.