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Underwriting Support Specialist I
2 months ago
The Underwriting Support Specialist I plays a crucial role within the Underwriting Department, managing the flow of both incoming and outgoing documentation. This position is responsible for reserving and evaluating new business submissions, as well as indexing and directing incoming documents efficiently. Additionally, the Underwriting Support Specialist I reviews and approves print files for outgoing policy documents, ensuring accuracy and compliance.
Key Responsibilities:
1. Monitors and processes incoming quote requests, reserving and evaluating new business submissions.
2. Scans, indexes, and routes underwriting documents into appropriate business workflows.
3. Analyzes reports from NCCI and state bureaus to identify changes in experience ratings, merit, and risk IDs, updating or assigning as necessary.
4. Maintains and updates ImageRight files, oversees document imports, and collaborates with IT to troubleshoot and resolve import system issues.
5. Reviews and approves print files for outgoing policy documents to ensure they meet company standards.
6. Prepares and dispatches special handling documents, adhering to all mailing protocols.
7. Tracks and processes returned mail, ensuring timely resolution.
8. Safeguards archived documents, ensuring secure storage and destruction practices.
9. Assists with various special projects and initiatives as assigned.
Qualifications:
- A high school diploma or equivalent is required; one year of administrative experience is preferred. Previous experience in the insurance sector is advantageous.
- Proficient typing skills with a focus on speed and accuracy, along with a keen attention to detail.
- Strong organizational abilities with the capacity to manage multiple priorities and meet deadlines.
- Excellent written and verbal communication skills are essential.
- Proficiency in PC applications, including Windows, MS Outlook, Word, and Excel.
- Comprehensive health, dental, and vision insurance options.
- Life insurance and dependent life insurance options.
- Short-term and long-term disability coverage.
- Health Savings Account with potential employer contributions.
- Flexible Medical and Dependent Care Accounts.
- Accident and critical illness insurance.
- Employee Assistance Program.
- Legal and identity theft insurance options.
- Long-term care insurance.
- Pet insurance options.
- 401(k) retirement plan with matching contributions, plus profit sharing.
- Four weeks of paid time off (PTO) and ten paid holidays.
- Flexible work schedules.
- Paid parental leave.
- Assistance with student loan repayment and refinancing.
- Educational support for job-related courses, seminars, certifications, or degrees.
- One paid volunteer day annually for a non-profit of choice.
- On-site fitness center or fitness reimbursement options.
- Subsidized parking.
- Sit-stand desks and daily stretch breaks.
MEMIC is dedicated to fostering a diverse and inclusive workplace, ensuring equal opportunity for all employees and qualified applicants.