Underwriting Operations Specialist

vavemga; New York, Northern (NY, KY); Hybrid; USD 55,000 - 70,000; Full time

Job summary

Canopius is seeking an Underwriting Assistant in New York to support the underwriting process and policy lifecycle end-to-end. You will liaise with brokers, gather information, ensure timely processing, and assist with invoicing and servicing tasks.

The role covers new business, renewals, premium invoicing, and policy servicing, requiring attention to detail, strong communication, and insurance exposure experience. A fast-paced environment offers growth and collaboration.

Qualifications

• Excellent organizational skills and the ability to multi-task in a fast-paced environment.
• Ability to work under pressure as part of a small team and self-motivated to work independently.
• Strong critical thinking skills.
• Excellent communication skills, both written and verbal.
• Strong attention to detail and focus on quality/accuracy.
• Ability to work and learn with a sense of urgency in a fast-paced environment.
• Effective problem-solving skills.
• Prior insurance exposure required.

Responsibilities

• Submission clearance.
• Follow up on information needed from brokers.
• Initiate sanctions check if required and elevate to underwriter if there is a hit.
• Perform pre-analysis (triage) support based on predefined underwriting rules and/or guidelines.
• Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review.
• Prepare quote letter.
• Catastrophe modelling (if required).
• Prepare binder document.
• Process transaction in policy administration system.
• Obtain surplus lines producer licensing information for non-admitted business.
• Maintain accurate and updated electronic underwriting files for all accounts in accordance with internal service standards and procedures.
• Issue policies.
• Issue reinsurance certificates for local foreign policies (D&F Property only).
• Follow up for information needed from brokers, including renewal applications.
• Obtain loss information.
• Prepare binder document.
• Process transaction in policy administration system.
• Obtain surplus lines producer licensing information for non-admitted business.
• Maintain accurate and updated electronic underwriting files for all accounts in accordance with internal service standards and procedures.
• Issue policies.
• Issue reinsurance certificates for local foreign policies (D&F Property only).
• Generate invoice for all premium bearing transactions.
• Work with Premium Accounting to pursue collection for past due premiums.
• Work with Premium Accounting to resolve premium discrepancies.
• Issue endorsements for approved policy changes, including rating additional/return premiums where appropriate.
• Process cancellations (insured request or for nonpayment of premium).
• Process transaction in policy administration system.
• Follow up with broker to resolve outstanding subjectivities.
• Support ceded facultative reinsurance transactions/administration.
• Process broker of record transactions.
• Issue policies within SLA timeframe.
• Ensure bound new and renewal policies are booked prior to monthly closing.
• Participate in testing of system changes/enhancements.
• Participate in projects as assigned.

Skills

Excellent organizational skills

Multi-tasking in fast-paced env.

Strong communication skills

Attention to detail

Ability to work under pressure

Problem-solving skills

Self-motivation and independence

Prior insurance exposure

Tools

Microsoft Office 365

Job description

Canopius is seeking an Underwriting Assistant in New York to support the underwriting process and policy lifecycle end-to-end. You will liaise with brokers, gather information, ensure timely processing, and assist with invoicing and servicing tasks.

The role covers new business, renewals, premium invoicing, and policy servicing, requiring attention to detail, strong communication, and insurance exposure experience. A fast-paced environment offers growth and collaboration.