Underwriting Associate

N2G•Jersey City, NJ

3d•$65,000 - $80,000

About The Position

At N2G Underwriting Associates provide technical underwriting and administrative support to our P&C middle market Underwriters on all new and renewal business. They are in constant interaction with various stakeholders, e.g. Underwriters, Operations, and Brokers. They may also support various projects, e.g. related to data-quality, renewal processes or cross-sell initiatives. The candidate must be located in mainland USA to be considered for the role.

Requirements

Only those candidates with 3 to 5 years of Commercial Insurance experience will be considered
Understanding of insurance terminology and utilization of various systems (example: Reference Connect, ISO, NCCI and IRMI)
Ability to gather and analyze data
Self-motivation to complete work independently
Strong verbal and written communication skills
Capable of independently tracking and completing multiple requests in a dynamic environment
Strong computer technical acumen with knowledge of Microsoft Office- Outlook, Excel and Word
The candidate must be located in mainland USA to be considered for the role.

Nice To Haves

Understanding of foreign language(s) is a plus

Responsibilities

Assist in pre-renewal strategy discussion on all assigned renewals
Review renewal and new business submissions for completeness and reach out to brokers for missing information in tandem with Underwriter
Perform and document basic risk analysis, including loss experience, exposures and hazards.
Review property SOV for correctness and submit requests to modeling team with Underwriter support
Complete rating tools by entering exposure and loss information and outline year over year changes
Identify proper SIC code(s) for new and renewal accounts
Properly document all files within established due dates
Maintain service standards by timely response to broker requests and timely receipt of underwriting information
Monitoring the operational processes of all produced policies.
Leveraging strong organizational and relationship skills to coordinate between various parties, including Underwriters, Operations, and Brokers.
Ensuring best-in-class service related to policy issuance / servicing and billing collections.
Acting as data-quality steward
Assisting with post-bind activities.
Resolve issues and reconcile discrepancies where needed, e.g. to progress the policy issuance or premium collection status.