Underwriting Intern

Florida Farm Bureau Insurance•Jackson, MS

About The Position

This Underwriting Intern position involves a range of critical tasks to support underwriting operations. Key responsibilities include processing blocked pending renewals, identifying and resolving outstanding underwriting requirements, and reviewing and validating policy documentation such as vehicle photos and usage details. The intern will also be responsible for identifying and addressing undisclosed drivers, updating activity descriptions to streamline processing, and managing foreclosure or vacancy-related activities to ensure proper underwriting action. Further duties involve performing cleanup for policy conversion accuracy, completing conversion renewals transactions, and reviewing and uploading underwriting quote documents. The role requires monitoring and resolving items on various lists, preparing and issuing legal notices and policy change letters, and reviewing property inspections. All actions must comply with underwriting guidelines, documentation standards, and regulatory requirements. The ideal candidate will possess strong attention to detail, an ability to identify documentation gaps, an understanding of policy transactions (renewals, rewrites, conversions), the capacity to interpret underwriting guidelines and risk indicators, strong organizational and time-management skills, and effective written communication for documentation and customer correspondence.

Requirements

  • Strong attention to detail and ability to identify documentation gaps
  • Understanding of policy transactions, renewals, rewrites, and conversions
  • Ability to interpret underwriting guidelines and risk indicators
  • Strong organizational and time-management skills
  • Effective written communication for documentation and customer correspondence

Responsibilities

  • Process blocked pending renewals, identifying and resolving outstanding underwriting requirements.
  • Review and validate policy documentation, including vehicle photos and vehicle use details.
  • Identify and address undisclosed drivers
  • Update Review and Approve Activity description to expedite processing
  • Review and process foreclosure or vacancy-related activities, ensuring proper underwriting action.
  • Perform cleanup to support policy conversion accuracy.
  • Manage and complete conversion renewals transactions.
  • Review and upload underwriting quote documents and ensure proper documentation.
  • Monitor and resolve items on various lists.
  • Prepare and issue legal notices and policy change letters as needed.
  • Review property inspections and take action as needed.
  • Ensure all actions comply with underwriting guidelines, documentation standards, and regulatory requirements.
  • Performs other related duties as assigned.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service