Underwriting Assistant, Ocean Marine

Sompo InternationalNew York, NY
1d$55,000 - $85,000Onsite

About The Position

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description Sompo has a unique opportunity for an Underwriting Assistant in our Ocean Marine Team. As an Underwriting Assistant, you’ll manage policy submissions and ensure timely processing and delivery of quotes, binders, and policies to producers, meeting established service standards. You’ll also support the underwriting team by providing technical analysis and insights to help evaluate risk and inform decisions. Location: This position will be based in our New York, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers. Our business, your impact, our opportunity:

Requirements

  • Minimum 3 years of related underwriting support experience (preferred)
  • Technical capabilities such as Microsoft Office Suite and Adobe Acrobat
  • Excellent communication (both written and verbal) skills
  • Strong analytical and organizational skills
  • Team player willing to contribute to the whole of the company
  • Must demonstrate the ability to multitask and work under limited supervision

Responsibilities

  • Partner with underwriters in the end-to-end processing of new and renewal business
  • Evaluate new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review.
  • Assists in the follow-up and securing of outstanding items from the broker.
  • Prepare documents for rating
  • Analize loss information and prepare summary documentation
  • Review policies and forms for accuracy and completeness.
  • Communicate regularly with brokers to assure customer service
  • Proactively communicate with producers for any outstanding information and ensure timely follow-up to support the underwriting process
  • Provide backup support to team members to ensure continuity of operations and maintain service standards

Benefits

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

No Education Listed

Number of Employees

501-1,000 employees

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