The Builders Risk Underwriting Assistant is responsible for providing comprehensive administrative and underwriting support to the Builders Risk Underwriting team. This position assists with the processing, documentation, and review of builders risk insurance policies, facilitating efficient workflow from submission to issuance, while ensuring compliance with company guidelines and regulatory requirements.
- Assist underwriters by collecting, reviewing, and analyzing submission documentation, including applications, construction plans, and supporting materials.
- Enter and maintain accurate data in underwriting systems and databases.
- Prepare quotes, binders, endorsements, declinations, and other correspondence as directed.
- Communicate with agents, brokers, and internal departments to obtain missing information or clarify submission details.
- Support the preparation and issuance of policies, renewals, and endorsements according to established guidelines.
- Monitor outstanding subjectivities and keep track of deadlines for submissions, renewals, and follow-ups.
- Run and review preliminary risk reports (e.g., loss runs, ISO reports, credit checks) as requested.
- Ensure compliance with internal procedures, regulatory requirements, and quality control standards.
- Assist in preparing reports and compiling data for team meetings or management reviews.
- Provide general administrative support, such as maintaining digital files, organizing documentation, and scheduling meetings.
- Other duties as assigned by the Underwriting Manager or team leads.
- High school diploma or equivalent required; Associate's or Bachelor’s degree in Business, Insurance, or related field preferred.
- 1-2 years of experience in insurance (property/casualty) or administrative support roles, preferably within underwriting or builders risk.
- Familiarity with insurance terminology, concepts, and processes preferred.
- Excellent attention to detail, accuracy, and organizational skills.
- Proficient in Microsoft Office Suite (Word, Excel, Outlook) and ability to learn industry-specific software.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
- Commitment to maintaining confidentiality and exercising sound judgment.