Underwriting Assistant

Coverys, Inc.; Boston (MA); On-site; USD 48,000 - 70,000; Full time

Benefits offered by this job

Benefits from day 1

Paid time off (PTO)

Community involvement

Job summary

Coverys, Inc. is seeking an Underwriting Assistant to support the underwriting team with data entry, submissions processing, and customer service. You will maintain files and ensure records comply with the company’s compliance policies, while assisting with administrative duties.

Responsibilities include data validation, liaison with IT, document retrieval, and preparing routine correspondence. The role emphasizes accuracy, teamwork, and adherence to guidelines within a supportive underwriting

Qualifications

• High school diploma or equivalent required; additional education preferred.
• Proficiency with Microsoft Office and ability to learn new software quickly.
• Strong written and verbal communication; detail-oriented and accurate.

Responsibilities

• Data entry and maintenance of policy information in underwriting system.
• Verify information against guidelines to ensure compliance.
• Access external databases for required information.
• Coordinate between Underwriting and IT to validate data.
• Maintain underwriting files and retrieve documents as needed.
• Review applications and policy docs for completeness and accuracy.
• Identify discrepancies and report to the proper individuals.
• Issue policies and endorsements as directed, with proper approvals.
• Prepare routine correspondence and regulatory communications.
• Provide general administrative support and assist with regulatory data requests.
• Maintain records to comply with company policies and QA standards.

Skills

Data entry

Microsoft Office

Attention to detail

Teamwork

Communication skills

Education

High school diploma or equivalent

Tools

Underwriting software

Job description

Position Summary

The Underwriting Assistant supports the underwriting team with data entry, processing submissions, customer service, and assigned projects. In addition, the Underwriting Assistant will provide administrative support to the Underwriting team, maintain files, and ensure records comply with the company’s compliance policies.

Essential Duties & Responsibilities

• Data Entry. Accurately input and maintain policy information into our underwriting system.


• Verify policy information against established guidelines and underwriting criteria to ensure compliance.


• Access external databases to extract required information.


• Work as a liaison between Underwriting and IT to validate data from external parties.


• File management. Maintain underwriting files in the appropriate location.


• Retrieve documents as needed for underwriters, claims personnel, auditors, or others.


• Document review. Assist underwriters by reviewing insurance applications/submissions, and policy documentation for completeness and accuracy.


• Identify any discrepancies or missing information and report them to the proper individuals.


• Issue policies and endorsements as directed by the underwriters. Ensure that all documents are accurate and appropriately approved.


• Correspondence. Prepare routine correspondence, such as policy confirmations, renewals, notices, non-renewal notices, and endorsement letters. Maintain professionalism and adhere to company communication guidelines.


• Administrative Support. Support the Underwriting team by supplying general administrative support as needed. Create loss runs and other applicable reports. Act as liaison between Underwriting and other departments. Work with Product & Services team on regulatory mailings and represent Underwriting in assigned operational meetings. Fulfill all regulatory requests and data calls and remit the information to tax/legal/product & state reporting.


• Compliance and quality assurance. Assist in keeping accurate and up-to-date records, ensuring compliance with company policies.

Education, Experience, Competencies & Values

High school diploma or equivalent is required. Some higher-level education is preferred. Proficiency with Microsoft Office suite of programs. Ability to learn the new software applications as required. Required to become proficient in the use and understanding of the Company’s core underwriting operating system. Ability to work well in teams and comfortable communicating with all levels of the organization. Excellent communication skills, both written and verbal. Ability to write professional correspondence. Attention to detail and analytical skills are a must.

Base salary range is $48,290 - $69,685. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

Company Culture & Benefits

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you! They say an organization is only as good as its people. Here at Coverys, we believe that our employees are our most valuable asset. Each of our positions is thoughtfully crafted to ensure alignment with our mission, and every opportunity to join our team is an opportunity to support and protect the healthcare community. Our open positions offer you the chance to join a team of compassionate, dedicated, and resilient employees who are committed to becoming the best in the business. We are an organization committed to growth and professional development, keeping up to date with changes in the healthcare industry to ensure we're providing our insureds with the best possible support. All the while, we are committed to our employees and listen to the needs of our internal talent. Our benefits package is available day 1 of employment, so you never miss a beat. There is truly something for everyone in our benefits package, whether you are raising a family or a furry friend, or you're an avid traveler who uses PTO to chase down your next adventure. The important work done by Coverys employees is not limited to what's done at our desks. Throughout the year, we provide ample opportunities to get involved in our local communities. We get involved, we raise money, and we give back. Connecting with colleagues takes on new meaning when you're elbow-deep planting trees or rolling up your sleeves serving lunch to those in need. The giving doesn't end there - Coverys cares about the initiatives near and dear to your heart. That's why we offer directed donations, as well as company matchings, to support the organizations that you are personally involved with. Coverys is a dynamic organization, with opportunities to join our team across the US, as well as internationally in the UK and Ireland.

Equal Opportunity

Coverys is an equal-opportunity employer.

Coverys job openings are open to all without regard to race, color, national origin, gender, gender identity, religion, age, height, weight, disability, political beliefs, sexual orientation, marital status, family status, or veteran status.