Underwriting Assistant - Binding & Programs

Jencap; Red Bank (NJ); On-site; USD 50,000 - 65,000; Full time

Benefits offered by this job

Health care coverage

401(k) plan

Tuition reimbursement

Job summary

Jencap in Red Bank, NJ is looking for an Underwriting Assistant to support the underwriting team. The role involves assisting in policy issuance, document management, and providing support to retail agents. Candidates should have a Bachelor’s Degree or relevant experience, preferably with an insurance background. Strong customer service skills and familiarity with Microsoft Office are essential. Jencap offers competitive compensation, health care benefits, a 401(k) plan, and tuition reimbursement.

Qualifications

• Bachelor's Degree or equivalent experience required.
• Insurance background preferred, especially in Commercial P&C.
• Strong customer service skills for internal and external customers.

Responsibilities

• Support retail agents in gathering information and documents.
• Order inspections and handle discrepancies.
• Process cancelation and reinstatement notices.
• Handle pre-audit correspondence and audits.
• Report claims and confirmations.
• Process all endorsements.
• Learn renewal quote process to develop underwriting skills.

Skills

Customer service skills

Multi-tasking

Team collaboration

Education

Bachelor’s Degree or equivalent experience

Tools

Microsoft Outlook

Microsoft Excel

Microsoft Word

Agency management systems

Job description

Underwriting Assistant - Binding & Programs

Red Bank, NJ

Why Jencap?

We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career.

The Underwriting Assistant

The role will assist in the issuance of policies and documenting files in the policy operating system and support the underwriting team with correspondence, notes and documents. This position is in our Red Bank, NJ office.

Responsibilities

• Support retail agents in gathering information/documents using tasks/reminders and Outlook.
• Inspection ordering, review and discrepancy/recommendation handling.
• Processing cancellation and reinstatement notices.
• Processing pre-audit correspondence; closed event audits and premium bearing audits.
• Claims reporting and confirmations.
• Processing all endorsements.
• Gradually learn the renewal quote process in development of underwriting skills for the future.

Requirements

• Bachelor’s Degree or equivalent experience, or relevant experience.
• Insurance background and/or experience, preferred with emphasis on Commercial P&C experience.
• Strong customer service skills to internal and external customers.
• Ability to multi-task and meet deadlines.
• Ability to work as part of a team and uphold high service standards.
• Familiarity with Microsoft Outlook, Excel, Word, and agency management systems.

Compensation & Benefits

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap offers a range of benefits and programs, based on eligibility, which currently include comprehensive health care coverage, a 401(k) plan, and tuition reimbursement.

Equal Opportunity Employer

Jencap is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard.