Underwriting Analyst

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

Job summary

Starr Insurance Companies in New York is seeking a detail-oriented professional to support underwriting operations. You will enter new submissions, assist with renewals, and help prepare premium exhibits and D&B reports, catastrophe analyses, and quotation letters.

The role also involves preparing binders and reinsurance layoff sheets, setting up files, and processing policies and endorsements for review, with a focus on accuracy and timeliness in a fast-paced environment.

Qualifications

• 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.

Responsibilities

• Entering new submissions and updating the Submission register.
• Assisting underwriters in renewal preparation including 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 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.

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.

Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce. https://starr.com/About/Careers