Underwriting Assistant

Coverys; East Lansing (MI); On-site; USD 48,000 - 70,000; Full time

Job summary

Coverys in Michigan seeks an Underwriting Assistant to support the underwriting team with data entry, submissions processing, customer service, and project work. The role involves administrative support, file maintenance, and ensuring records comply with company policies.

You will input policy information, review documents for completeness, prepare routine correspondence, and generate loss runs and regulatory reports as needed. Attention to detail is essential.

Qualifications

• High school diploma or equivalent is required.
• Proficiency with Microsoft Office suite.
• Ability to learn new software applications as required.
• Able to work well in teams and communicate with all levels of the organization.
• Excellent written and verbal communication skills.
• Attention to detail and analytical skills are a must.

Responsibilities

• Data Entry: Input and maintain policy information in underwriting system and verify against guidelines.
• File management: Maintain underwriting files and retrieve documents for stakeholders.
• Document review: Review applications and policy documents for completeness and accuracy, report discrepancies.
• Correspondence: Prepare routine policy confirmations, renewals, notices and endorsements.
• Administrative support: Create reports, liaison between departments, assist in regulatory data calls.
• Compliance and quality assurance: Keep records updated and compliant with policies.

Skills

Data entry

Attention to detail

Analytical skills

Excellent communication

Teamwork

Learn new software

Education

High school diploma

Tools

Microsoft Office

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.

• 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!