Underwriting Associate (UA)

About the role

Underwriting Associates are responsible for submission management, processing and delivering of quotes, binders, and policies to the insurance producers (brokers) within specific performance standards. They are also responsible for technical analysis of specific underwriting data to assist underwriters in the underwriting process and ensuring that policies are accurate and are consistent with the terms of the binder.

Key responsibilities

• Handle clearance of submissions from producers and underwriting folder/file set-up of new/renewal policies; review submission and request missing information from broker
• Maintain service standards by responding timely to internal/external partner requests
• Provide backup assistance to other UAs as necessary
• Rate various lines of business following set of workflows and guidelines
• Maintain underwriting file integrity by ensuring all necessary documents are filed in the policy administration system
• Assist underwriters with the creation of quote letters, binders, endorsements, and policies, while ensuring issuance to brokers within processing standards established by management
• Register bound premium within established guidelines
• Communicate directly with brokers to confirm or obtain data needed for policy issuance and servicing
• Train and coach new UAs
• Assist underwriters and underwriting services in preparation for underwriting audits and responding to audit results

About you

• 2 plus years of experience as an underwriting associate in a non-life insurance company, or business experience with similar duties
• Bachelor's Degree
• Strong problem solving and decision-making abilities
• Strong English written and oral communication skills
• Computer skills including Microsoft Office applications (Word, Excel, PowerPoint)
• Attention to detail
• Interpersonal skills
• Data analysis and interpretation