Underwriting Assistant

Coverys; Boston (MA); Presencial; USD 48.000 - 70.000; Jornada completa

Descripción de la vacante

Coverys in Boston seeks an Underwriting Assistant to support the underwriting team with data entry, submissions processing, and customer service. You will maintain files, ensure records comply with policies, and provide broad administrative support across the department.

Responsibilities include data accuracy, document review, routine correspondence, and collaboration with IT and other teams. A detail-oriented communicator with MS Office proficiency will thrive in this role.

Formación

• High school diploma or equivalent is required; some higher-level education is preferred.
• Proficiency with Microsoft Office suite of programs.
• Ability to learn new software applications and become proficient in the company’s core underwriting system.
• Ability to work well in teams and communicate with all levels of the organization.
• Excellent written and verbal communication.
• Attention to detail and analytical skills.

Responsabilidades

• Data Entry: input and maintain policy information in underwriting system and verify against guidelines.
• File management: maintain underwriting files and retrieve documents as needed.
• Document review: review applications and policy documents for completeness and accuracy.
• Correspondence: prepare routine policy confirmations, renewals, notices, and endorsement letters.
• Administrative Support: create loss runs and liaise with other departments; regulatory data calls.
• Compliance and quality assurance: keep records accurate and compliant.

Conocimientos

Teamwork

Communication

Attention to detail

Analytical skills

Ability to learn new software

Educación

High school diploma or equivalent

Some higher-level education preferred

Herramientas

Microsoft Office

Descripción del empleo

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.

• 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.
• 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.

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.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!