Underwriting Assistant – Construction-Sub Contractor Default Insurance(SDI)
3 days ago
Role Title:
Underwriting Assistant - Construction-Sub Contractor Default Insurance(SDI)
Night Shift
Onsite in BGC
ECLARO:
A quick Summary
ECLARO is an award-winning professional services firm headquartered in New York City and operating in the U.S., Canada, UK, Ireland, Australia and the Philippines. We are dedicated to a singular purpose: providing the Right People to meet every client's needs and solve business challenges through strategic staffing, permanent placement, custom outsourcing & offshoring. Utilizing our proprietary TRINIT-E Service Maturity Model, we help clients implement programs to promote innovation, automation and process improvement.
Key Duties and Responsibilities:
• Provide broad underwriting support to the reinsurance underwriting team.
• Collaborate closely with Brokers and Clients to ensure all relevant submission and modeling data is provided to initiate the underwriting process.
• Work closely with Catastrophe Modeling and Actuarial teams for pricing targets.
• Ensure compliance with underwriting guidelines and company approach.
• Review and prepare contract wordings to ensure language/clauses and relevant subjectivities are satisfied.
• Manage the workflow of all deals within the business unit.
• Manage and maintain electronic filing for all business entries.
• Process all bound submissions and endorsements in SICS Accounting System.
• Consult with and assist both Accounting and Claims teams on premium/loss related queries.
• Assist with both Internal and external audit requests.
• Collaborate and correspond with internal and external contacts, to achieve a high level of service and meet client expectations
• Interact directly with various business partners and internal departments such as claims, accounts and legal
• Meet departmental service standards in place for each process, including underwriting guidelines, file compliance requirements and audits
• Perform other duties and special projects as assigned under minimal supervision.
• Train, mentor, and coach new team members within the underwriting unit.
Minimum Qualifications and Experience:
• Bachelor's degree or equivalent preferred
• Three to five years of industry experience required
• Knowledge of insurance policy forms and regulatory requirements preferred
• Excellent written and verbal communication skills
• Very strong organizational skill with the ability to effectively handle multiple assignments, prioritize work and meet deadlines in a dynamic and results oriented environment
• Strong customer service focus with the ability to effectively multi-task with limited direction
• Strong knowledge of Microsoft Word and Excel. Role Title: Underwriting Assistant - Reinsurance
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