Underwriting Analyst, Middle Market Property

Starr Specialty Lines Insurance Agency, LLC; Village of the Branch (NY); Hybrid; USD 65,000 - 75,000; Full time

Job summary

Starr Specialty Lines Insurance Agency, LLC in New York seeks an Underwriting Support specialist to assist with General Property submissions, renewals, and binders. You will enter new submissions, update the Submission register, and prepare premium and loss exhibits under guidance.

Ideal candidates hold a Bachelor’s in Risk Management and Insurance or equivalent experience, with 1–2 years in underwriting administration, and strong MS Excel/Word skills.

Qualifications

• Bachelor’s degree in Risk Management and Insurance, or equivalent work experience.
• 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, 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

Skills

Communication

Organization

Attention to detail

Education

Bachelor's 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. 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