Underwriting Analyst
7 hours ago
Global is one of the most respected names in aviation and aerospace insurance. We offer many types of coverage like General Aviation, Aerospace Manufacturers, Unmanned Aircraft Systems, Space & Satellite, and much more. This hybrid role is located in Morris Plains, NJ and offers a strong foundation of knowledge in Underwriting which can lead to personal growth and development within the department. Someone must possess strong communication skills, and eventually be willing to travel to meet with brokers and clients in the future. Our state-of-the-art office offers a gym, cafeteria, and recreational activities (basketball and pickleball). The company offers strong benefits and concentrates on employee engagement throughout the year.
You will provide broad support to members of the General Aviation Underwriting Department in the areas of research and development of pertinent underwriting information, day to day servicing, routine follow-up for outstanding information and completion of policy documents necessary for issuance of new and existing policyholders. Further duties and responsibilities are listed below:
- Load underwriting models including endorsements and coverages where applicable.
- Create an underwriting analyst pack which consists of researching risks, loading underwriting models including endorsements and coverages, and generate reports showing premium and loss information and peer review them for accuracy.
- Complete Analyst checklist for each file.
- Issue policy, quote, and binder documents along with Mid-Term changes as directed by the Underwriting Team.
- Assist Underwriting Team in proofreading documents for final mailing & provide administrative support as directed.
- Review policy detail report and highlight any discrepancies.
- Contact brokers, head office or other regional offices
- Maintain proficiency in systems and interface with these systems at the direction of Underwriting staff.
Education:
- Bachelor’s Degree Preferred
Skills/Experience:
Required:
- Proficient in Microsoft Office 365 (Word, Excel, PowerPoint, & MS Teams)
- Excellent oral and written communication skills
- Previous experience working in a role that required strong analytical skills and precise attention to details.
- Strong interpersonal skills
Preferred:
- Two to three years’ experience with insurance underwriting type activities
- Previous experience working in Finance or Accounting
- Strong Mathematical skills
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