Senior Underwriting Assistant

Mission US
13dRemote

About The Position

As a member of our Partner Services team, the Senior Underwriting Assistant is responsible for supporting the underwriting team in all aspects of the underwriting process, including analyzing risks, assessing policy information, and determining appropriate coverage levels.

Requirements

  • Experience in the commercial insurance industry and regulatory environment.
  • 5-10 years minimum directly supporting commercial lines underwriters.
  • Bachelor's degree; OR 5+ years of experience in insurance underwriting.
  • Working knowledge of PDF, MS Word, Excel, and PowerPoint
  • Ability to travel up to 10% of the year.
  • Experience in the commercial insurance industry and regulatory environment.

Nice To Haves

  • Knowledge of Project management software – like Monday.com
  • Familiarity with Policy Administration software – Origami, Federado

Responsibilities

  • Use underwriting information and internal resources, i.e., inspection reports, claims history, loss control and commercial applications to support underwriting decisions
  • Assist in file and policy preparation.
  • Assist in audit preparation.
  • Develop and maintain a strong working knowledge of Mission’s underwriting guidelines, coverage forms, enhancements, rating plans and workflow.
  • Prepare and process policies and endorsements for issuance in accordance with binders and Underwriters instructions.
  • Code premium in accordance with division guidelines and Underwriter instructions.
  • Assist in the review of new and renewal submissions to determine if they meet underwriting criteria, and for completeness of documentation.
  • Request and review incoming Broker of Record letters, as appropriate.
  • Request predetermined documentation from the broker that will be required for rating, quoting, binding, and policy issuance.
  • Review policy information and ensure that all policies are processed accurately and efficiently.
  • Assist in the review of guidelines and Standard Operating Procedure (SOP’s)
  • Work with management to serve as a mentor to Junior underwriting assistants.
  • Subject Matter Expert across multiple lines of business
  • Quality Review Coordinator (UA) across multiple lines of business
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