Associate Underwriter

Novatae Risk Group,
Hybrid

About The Position

The Associate Underwriter at Novatae Risk Group is a critical role within our Wholesale Insurance division, responsible for supporting the underwriting team in assessing, evaluating, and managing risks associated with insurance submissions. The Associate Underwriter will manage a substantial book of renewal business while also handling tasks associated with new and renewal accounts.

Requirements

  • Prior experience in an assistant underwriter role or relevant experience in the insurance industry is typically preferred for Associate Underwriter positions.
  • Property & Casualty License required, or agreement to obtain licensure within three months of employment.
  • Possess strong administrative and computing skills, including Microsoft Office (Word, Excel and Power Point).
  • Able to work independently and enjoy a high degree of interaction with team members.
  • A self-starter that demonstrates a high level of initiative and can confidently manage their time and workload.
  • Demonstrate effective written and verbal communication.
  • The ability to multi-task, prioritize, and use discretion surrounding sensitive information.

Responsibilities

  • Collaborate with underwriters to assess risks associated with insurance submissions, including reviewing underwriting data, loss history, and other relevant information.
  • Contribute to the determination of the acceptability of risks and appropriate coverage.
  • Analyze insurance policies to ensure accuracy, completeness, and compliance with underwriting guidelines.
  • Assist in reviewing policy terms, conditions, and coverage options to support decision-making.
  • Engage with clients to gather additional information about insurance submissions, address inquiries, and provide support.
  • Collaborate with underwriters to assess client risks and insurance requirements.
  • Maintain organized and accessible records related to underwriting activities, client information, and policy documentation.
  • Ensure the accurate and efficient processing of underwriting files.
  • Assist in coordinating operational processes related to underwriting, including policy issuance, endorsements, renewals, and reporting.
  • Collaborate with internal departments to ensure the efficient execution of underwriting tasks.
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