Underwriting Assistant

Nityo Infotech Corporation; Tinton Falls (NJ); Remote; USD 50,000 - 70,000; Full time

Job summary

A leading company in the insurance sector is currently seeking an Underwriting Assistant to support Underwriters with various workflows related to quotes, binders, and policy issuance. This full-time role, based on the East Coast, offers an opportunity to engage in significant tasks related to underwriting and to contribute to the team's processes and efficiency.

Qualifications

• 1-3 years of underwriting experience.
• Strong written and oral communication skills.
• Ability to work both independently and within a team.

Responsibilities

• Establish new submissions and assist with quotes and policy issuance workflows.
• Gathers and organizes information that supports underwriting decisions.
• Review incoming insurance applications for accuracy and completeness.

Skills

Communication

Teamwork

Independence

Education

Bachelor’s Degree

Job description

We are currently hiring for Underwriting Assistant role.Remote(East Coast)& Fulltime

Below is the detailed job description. If interested & want to discuss more about the role, please reach me on 732-203-7434/amrutha.duddula AT nityo.com

Job Description:Seeking an Underwriting Assistant to assist Underwriters with quotes, binders, and policy issuance workflows.

KEY RESPONSIBILITIES:
• Establish new submission in the clearance system and handle according to established procedures
• Assist Underwriters with quote, binder, and policy issuance workflows
• Gathers and organizes information and reports (e.g., loss runs, risk assessments, and loss ratings) that support the underwriting decision.
• Assist the Underwriter with the computation of rates and premiums.
• Review incoming insurance applications for accuracy and completeness
• Participate in the creation and development of the team's underwriting workflows and processes, including underwriting files for all bound accounts
• Work with and follow up with producers for any outstanding information
• Process and distribute insurance binders, endorsements and polices within processing standards established by management
• Prepare all policies in accordance with final binders inclusive of review by underwriting staff
• Manage all account documentation

QUALIFICATIONS:
• 1-3 years of underwriting experience
• Bachelor’s Degree
• Demonstrated strong written and oral communication skills
• Ability to work both independently and within a team environment

Additional Information

All your information will be kept confidential according to EEO guidelines.