Technical Assistant for Underwriting Operations

2 weeks ago

Melville, New York, United States Ryan Specialty Full time

Position Overview:

The Underwriting Technical Assistant plays a crucial role in the efficient management of policy-related transactions, ensuring precision and adherence to company standards and regulatory guidelines.

This position involves the examination and validation of policy applications, endorsements, and cancellations, accurately entering data into systems, and generating policy documents for clients.

The assistant addresses inquiries from policyholders, agents, and other relevant parties, delivering prompt and precise information regarding policy matters. Additionally, they support underwriting functions by evaluating risk factors and determining premium calculations.

Key Responsibilities:
  • Timely and accurate processing of new business submissions with a focus on detail.
  • Complete underwriting applications with necessary information to rate, document, and issue compliant policies.
  • Bind and issue new and renewal commercial insurance policies.
  • Manage endorsements, cancellations, and reinstatements effectively.
  • Handle notices of cancellation, non-renewal notifications, and renewal solicitation communications.
  • Resolve booking and accounting discrepancies.
  • Engage with management, underwriters, and brokers to gather essential information for accurate processing.
  • Deliver efficient service to all internal and external stakeholders, including underwriters and brokers.
  • Generate and distribute routine and ad-hoc reports as required.
  • Participate in or lead special projects as necessary.
  • Collaborate with various departments to enhance process efficiency and innovation.

Qualifications:

A BA/BS degree is preferred, with a focus on business or technology being advantageous. A minimum of 3 years of experience in an office setting is desired, particularly in insurance and familiarity with core business systems and applications.

Proficiency in MS Office, especially Excel and Word, is required, with SQL knowledge being a plus. Candidates should possess excellent verbal and written communication skills, a keen attention to detail, and a commitment to data integrity.

Strong organizational and time management abilities are essential, along with the capacity to meet quality and output standards set by management. A collaborative spirit and a willingness to learn in a dynamic environment are also important.

Ryan Specialty is dedicated to fostering a diverse workforce and an inclusive workplace where all employees are recognized for their contributions.

We offer a comprehensive benefits package designed to support the physical, financial, and emotional well-being of our employees and their families.

The compensation for this role is influenced by various factors, including experience, skills, and market conditions. Full-time positions are eligible for bonuses and benefits.

We are committed to providing reasonable accommodations for individuals with disabilities throughout the employment process.

This description is intended to outline the general responsibilities and requirements of the position and is not exhaustive. Management retains the right to assign or reassign duties as necessary.

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