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Open nowPosted yesterday

Underwriting Assistant

Coverys4 open roles

Where
Boston
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Your applicationOpen nowUnderwriting AssistantCoverys · Boston

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The clock on this job

Early applications get read.

10.5% of postings close within 7 days. Measured by our own scanner across the market. Coverys postings stay open a median of 6 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.3%3 days
  3. 10.5%7 days
  4. 15.9%14 days
  5. 34.1%30 days
This job: posted yesterday

Coverys median: 6 days open

The posting

Position Summary

The Underwriting Assistant supports the underwriting team with data entry, processing submissions, customer service, and assigned projects. In addition, the Underwriting Assistant will provide administrative support to the Underwriting team, maintain files, and ensure records comply with the company’s compliance policies.

Essential Duties & Responsibilities

  • Data Entry. Accurately input and maintain policy information into our underwriting system. Verify policy information against established guidelines and underwriting criteria to ensure compliance. Access external databases to extract required information. Work as a liaison between Underwriting and IT to validate data from external parties.
  • File management. Maintain underwriting files in the appropriate location. Retrieve documents as needed for underwriters, claims personnel, auditors, or others.
  • Document review. Assist underwriters by reviewing insurance applications/submissions, and policy documentation for completeness and accuracy. Identify any discrepancies or missing information and report them to the proper individuals. Issue policies and endorsements as directed by the underwriters. Ensure that all documents are accurate and appropriately approved.
  • Correspondence. Prepare routine correspondence, such as policy confirmations, renewals, notices, non-renewal notices, and endorsement letters. Maintain professionalism and adhere to company communication guidelines.
  • Administrative Support. Support the Underwriting team by supplying general administrative support as needed. Create loss runs and other applicable reports. Act as liaison between Underwriting and other departments. Work with Product & Services team on regulatory mailings and represent Underwriting in assigned operational meetings. Fulfill all regulatory requests and data calls and remit the information to tax/legal/product & state reporting.
  • Compliance and quality assurance. Assist in keeping accurate and up-to-date records, ensuring compliance with company policies.

Education, Experience, Competencies & Values

  • High school diploma or equivalent is required. Some higher-level education is preferred.
  • Proficiency with Microsoft Office suite of programs.
  • Ability to learn the new software applications as required. Required to become proficient in the use and understanding of the Company’s core underwriting operating system.
  • Ability to work well in teams and comfortable communicating with all levels of the organization.
  • Excellent communication skills, both written and verbal. Ability to write professional correspondence.
  • Attention to detail and analytical skills are a must.

Base salary range is $48,290 - $69,685. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!

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