Underwriting Assistant

New York City
Salary commensurate with experience.
Jan 11, 2017
Mar 12, 2017
Full Time

Mitsui Sumitomo Insurance Group is one of the world’s top ten property/casualty insurance carriers with over 40,000 employees worldwide. Our US subsidiary, Mitsui Sumitomo Marine Management (MSMM), currently has an opportunity available for an Underwriting Assistant in our New York office.
 

You will provide support and assistance to underwriting staff including collecting data; organizing files and reports; performing administrative and customer service duties regarding new and renewal accounts that will assist in ensuring the underwriting process is handled efficiently and accurately.

  • Gathers and organizes information to prepare new and renewal policy/account files for underwriter review and direction. Setting up folders; preparing and completing account summary worksheets; completing Underwriting Spreadsheet; loss rating; P&L; company selection forms; schedule rating worksheets and printing for underwriting files and preparing underwriting documentation package for bound accounts.
  • Reviews new/renewal submissions for necessary underwriting data and follows up with broker for missing information.
  • Conducts internet searches to secure appropriate client information including Dun and Bradstreet Reports and/or financial statements, insured profile to assist underwriters.
  • Inputs data into RMS RiskBrowser for both catastrophe management as well as improve underwriting decisions.
  • Maintains various account databases (PIP, submission log, marketing, etc.) to ensure up to date information and status updates in Submission logs and/or PIP.  Update loss history to ensure all systems accurately reflect updated account information/documentation in accordance with company underwriting guidelines.
  • Responds to brokers service requests for loss runs, endorsements, etc.; ensuring all appropriate documentation is received
  • Orders Risk Engineering  reports as necessary based on underwriting criteria and follows-up on recommendations to ensure compliance to MSIG risk management standards
  • Manage status of statutory coverage acceptance/rejection (TRIA)

3+ years property casualty insurance experience required