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Underwriting Associate
4 months ago
About the Role
This position is responsible for performing Underwriting Associate (UA) and Contracts Associate (CA) job functions. These functions include coordinating, analyzing, and inputting data via received Requests for Proposals (RFP), analyzing and preparing contractual applications and policies for sold cases, and various other responsibilities for this Operations role. This opportunity provides reliable and motivated individuals with a detailed understanding of processing Stop Loss.
In this role you will:
- Process submissions by applying internal software and guidelines, while meeting required turnaround times for both standard and rush requests
- Compile, sort and verify information received for completeness
- Apply the appropriate SOP's (Standard Operating Proceedures) for each task as well as the department Guidelines & Expectations
- Work alongside clients to collect missing data required to process the RFP and/or application for contract when necessary
- Monitor submission status and follow-up on outstanding documents to finalize
- Collaborate with key partners including, but not limited to, Underwriting, Sales, Regulatory Operations and other departments as well as outside producers
- Participate in various projects and team meetings
- Maintain and update SOP and reference guides as needed
- Assemble and revise contracts and contract riders for new and renewing client sales
- Partner with compliance and finance teams for resolution of contract issues
- Perform International Trade Control checks using Bridger application
- Obtain and maintain Master Data Management (MDM) numbers and corresponding information
- Review and ensure compliance with applicable state compliance and licensing regulations
This position can be filled in our Windsor, CT or Kansas City, MO office.
About the Team
We are a strong, collaborative team with a host of responsibilities that are integral to successfully supporting the Sales and Underwriting teams at Swiss Re. No two days are alike as we navigate a fast-paced environment and adapt to ongoing changes. We work together as a team to help our teammates, train and mentor our new colleagues, and pursue constant improvement.
About You
- Associates degree or equivalent experience in a related field
- Strong verbal, written, and analytical skills
- Takes personal accountability and able to complete assigned work independently with high accuracy
- Adept in Microsoft Outlook, Word, Excel, and PowerPoint
- Competency in proofreading and reviewing work
- Ability to maintain accurate records and files within a paperless environment
- Self-starter with initiative in identifying areas of improvement to processes
- Ideal candidates will be proficient in English
Additional Comments
Peak seasonal periods may require overtime as well as flexibility with scheduled time off.
If learning new things excites you and you enjoy contributing to the success of a results-oriented team then we encourage you to apply today
About Swiss Re Corporate Solutions
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
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