Underwriting Assistant
As a member of our Partner Services team, the Underwriting Assistant is responsible for assisting the underwriting team in all aspects of the underwriting process, including analyzing risks, assessing policy information, and determining appropriate coverage levels. This role is for Insurance underwriting, NOT Mortgage underwriting.
Essential Duties/Functions:
- Under the direction of an Underwriter or Senior Underwriting Assistant, work to support the Underwriting workflow in the day-to-day servicing and processing of new business and renewal accounts.
- Daily communication with Underwriters and/or Senior Underwriters to ensure that tasks are being completed.
- Assist in audit preparation.
- Responsible for ensuring quality processing throughout the life cycle of a policy while building working relationships with internal and external teams.
- Maintains underwriting files by ensuring all relevant documents are included and appropriately filed/documented within System.
- Develop and maintain a strong working knowledge of Mission’s underwriting guidelines, coverage forms, enhancements, rating plans and workflow.
- Follows up with Brokers and appropriate departments for outstanding subjectivities, loss run requests, inspections and other documentation as needed.
- 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.
- Process non-renewals and cancellation letters and endorsements.
- Review, finalize and issue policies.
- Underwrite risks and assist the Underwriting team in accordance with the business plan and within delegated underwriting authority.
- Bachelor's degree; OR 3+ years of experience in insurance
- Working knowledge of MS Word, Excel, PowerPoint
- Ability to learn new systems efficiently and effectively
- Ability to Multitask and prioritize work
- Strong attention to detail and understand the importance of Mission's business needs
- Strong organization and time management skills
- Ability to travel up to 10% of the year
- Minimum of 1 year of experience in supporting insurance underwriting.
- Workers Compensation Underwriting experience.
- Experience in the commercial insurance industry and regulatory environment.
- Knowledge of Project management software – like Monday.com
- You have experience reviewing commercial insurance applications, policy review and processing submissions.
- You have expertise in communicating with Brokers/Agents
- Medical, Dental, Vision
- 401K, 401K Match
- Life and Disability Benefits
- Unaccrued Paid Time Off
- 11 Paid Holidays
- Work from anywhere - US
- Employee Discounts
- Employee Assistance Program
- Educational Assistance Program
- Employee Referral Program
- Paid Parental Leave
- The salary range for this position is 55 to 70K.
- This is a remote position. Planned, in-office activities may be required on occasion (typically 2-4x per year).
- You must live in the United States and be authorized to work in the United States without requirement of employment sponsorship/visa.
The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties and qualifications required of employees assigned to this job.
Mission Underwriters is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.