Underwriting Assistant

Coverys

24d•$48,290 - $69,685

About The Position

The Underwriting Assistant supports the underwriting team through data entry, submission processing, customer service, assigned projects, and general administrative support. The role maintains underwriting files and records and helps ensure compliance with company policies. It also assists underwriters with reviewing applications and policy documents, issuing policies and endorsements as directed, preparing routine correspondence, creating reports, coordinating with other departments, and fulfilling regulatory requests and data calls.

Requirements

High school diploma or equivalent.
Proficiency with Microsoft Office programs.
Ability to learn new software applications and become proficient in the company’s core underwriting operating system.
Ability to work well in teams and communicate comfortably with all levels of the organization.
Excellent written and verbal communication skills, including the ability to write professional correspondence.
Strong attention to detail and analytical skills.

Nice To Haves

Some higher-level education is preferred.

Responsibilities

Accurately enter and maintain policy information in the underwriting system, verify information against established guidelines and underwriting criteria, and access external databases for required information.
Liaise with Underwriting and IT to validate data received from external parties.
Maintain underwriting files in appropriate locations and retrieve documents for underwriters, claims personnel, auditors, and others.
Review insurance applications, submissions, and policy documentation for completeness and accuracy; identify discrepancies or missing information and report them to the appropriate individuals.
Issue policies and endorsements as directed by underwriters and ensure documents are accurate and appropriately approved.
Prepare routine correspondence, including policy confirmations, renewals, notices, non-renewal notices, and endorsement letters, following company communication guidelines.
Provide general administrative support to the Underwriting team and create loss runs and other applicable reports.
Act as a liaison between Underwriting and other departments; work with Product & Services on regulatory mailings and represent Underwriting in assigned operational meetings.
Fulfill regulatory requests and data calls and remit information to tax, legal, product, and state reporting.
Help maintain accurate, up-to-date records and ensure compliance with company policies.