Underwriting Analyst, Middle Market Property

Starr Insurance

New York (NY)

On-site

USD 65,000 - 75,000

Full time

9 days ago

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Job summary

Starr Insurance in New York is seeking a general property underwriting support role to assist with submissions, renewals, and premium/loss exhibits. You will work closely with underwriters in a collaborative, fast-paced environment.

Ideal candidates hold a Bachelor’s degree in Risk Management and Insurance with 1–2 years of related experience and strong MS Excel/Word skills. This is an on-site position in New York.

Qualifications

  • Bachelor’s degree in Risk Management and Insurance or equivalent work experience.
  • 1–2 years of related experience preferred; insurance internships considered.
  • Ideal candidates will have administrative/clerical experience in an underwriting environment.
  • Strong communication and organizational skills with the ability to handle multiple tasks.
  • Strong computer skills with advanced MS Excel and Word proficiency.

Responsibilities

  • Entering new submissions and updating the Submission register.
  • Assisting underwriters in renewal preparation including premium & loss exhibits.
  • Assisting Underwriters in obtaining D&B reports and catastrophe analysis; preparing letters.
  • Preparing insurance binders and reinsurance layoff sheets to book and bill accounts.
  • Setting up new and renewal account files upon binding.
  • Preparing policies and endorsements for underwriter review.
  • Following up on information needed from brokers.
  • Maintaining reports required by Underwriters.
  • Premium entry and reconciliation.

Skills

Strong communication
Organizational skills
Multitasking
Team player

Education

Bachelor's degree in Risk Management and Insurance
Equivalent work experience

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.

Position Overview

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

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $65,000-$75,000

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.

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