Underwriting Assistant Trainee - NY

GNY Insurance Companies; New York (NY); Remote; USD 36,000 - 61,000; Full time

Job summary

An established industry player in the insurance sector is offering an exciting entry-level opportunity as an Underwriting Assistant Trainee. This role is designed for individuals eager to kickstart their career in insurance, providing essential support to underwriters. You will engage in a comprehensive training program, preparing for the AINS 103 exam while gaining hands-on experience in underwriting tasks. The position promises a collaborative environment where you will work closely with a team, ensuring accuracy and efficiency in processing new and renewal accounts. If you are detail-oriented and possess strong communication skills, this role is a perfect fit for you.

Benefits

Annual Discretionary Bonus

Remote Work Flexibility

Qualifications

• High School Diploma required; some college or prior insurance experience preferred.
• Excellent interpersonal and time management skills required.

Responsibilities

• Set up underwriting files and applications by obtaining required documents.
• Review applications for accuracy and completeness.
• Provide timely and professional customer service to agents.

Skills

Interpersonal Skills

Time Management

Communication Skills

Mathematical Aptitude

Organizational Skills

Microsoft Office

Education

High School Diploma

Some College

Tools

AS/400

ImageRight

Job description

Job Details

NEW YORK HEADQUARTERS - NEW YORK, NY Fully Remote Job Location Remote Type

Admin - Clerical Job Category

Description

Greater New York Mutual Insurance Company (GNY) is a super-regional leader in commercial property and casualty insurance. GNY is an A+ rated, financially stable company with more than 100 years of expertise in designing, underwriting, and providing insurance solutions for business owners and property managers.

We currently have entry level opportunities for individuals seeking a career in the insurance industry as an Underwriting Assistant Trainee. All selected candidates will be hired on a temporary basis until they successfully complete the first 4-5 weeks of training which includes preparation for and the passing of The Institutes AINS 103: Exploring Commercial Insurance exam. The classroom portion of this live training program conducted remotely will last approximately four to five months.

The underwriting assistant trainee will support underwriters by performing a variety of tasks including the preparation and servicing of new and renewal accounts. Work performed is under the daily guidance, review, and authority of an assigned underwriter(s) and underwriting management staff.

Anticipated class start date is July 14, 2025

Job Responsibilities:

• Set up underwriting files and applications by obtaining required documents and updating appropriate systems.


• Review applications for accuracy and completeness.


• Provide timely and professional customer service to agents to facilitate the processing of business.


• Conduct research and run reports for initial risk analysis such as motor vehicle reports, loss history reports, credit checks, loss control, ISO reports, Risk Meter, etc.


• Track inspection requirements and recommendation status.


• Rate and issue new and renewal policies and endorsements.


• Prepare quotes, binders, and polices at the direction of the underwriter.


• Communicate with all levels of employees to include, but not limited to, producers and internal personnel to confirm or obtain data needed for policy issuance and servicing.


• Work with a team of other underwriting assistants and underwriters, providing support to others who need assistance.


• Participate in other administrative support functions - as necessary.

Qualifications

Requirements:

• High School Diploma required; some college or prior insurance experience preferred.


• Ability to learn through classroom participation and self-study.


• Pass The Institutes' AINS 103 exam by week 5 of the training program.


• Excellent interpersonal skills and time management skills required.


• Experience working on time restraints while maintaining accuracy.


• Extreme diligence and organization skills required.


• Excellent verbal and written communication skills as well as mathematical aptitude.


• Knowledge of Microsoft Office.


• Experience with AS/400 and/or ImageRight a plus.

The salary range for this role is $36,300 - $60,900. The listed annual salary range posted for this position is subject to change and may vary depending on performance, education, experience, skills, geographic location, travel requirements, demonstrated proficiency in the competencies required for the role and business needs. Base pay is just one component of GNY's total compensation package for employees. Other rewards include eligibility for an annual discretionary bonus based on performance.