Underwriting Assistant

Nityo Infotech; Tinton Falls (NJ); On-site; USD 45,000 - 65,000; Full time

Job summary

Nityo Infotech is seeking an Underwriting Assistant for a fully remote role focused on assisting Underwriters with various workflows related to quotes, binders, and policy issuance.

The ideal candidate will have 1-3 years of underwriting experience and possess strong communication abilities, both written and oral. This position requires independent work and teamwork to ensure timely processing of insurance applications.

Qualifications

• 1-3 years of underwriting experience.

Responsibilities

• Establish new submissions in clearance system.
• Assist Underwriters with quote, binder, and policy issuance workflows.
• Gather and organize information for underwriting decisions.
• Assist with computation of rates and premiums.
• Review insurance applications for accuracy.
• Participate in creation of underwriting workflows.
• Follow up with producers for outstanding information.
• Process and distribute insurance binders and policies.
• Prepare policies in accordance with final binders.
• Manage all account documentation.

Skills

Strong written and oral communication skills

Ability to work independently and in a team

Education

Bachelor’s Degree

Job description

We are currently hiring for Underwriting Assistant role. Remote (East Coast)& Fulltime. If interested and want to discuss more about the role, please reach me at 732-203-7434 or 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
• Gather and organize 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

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