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Associate, Underwriting Operations
$55,000 - $70,000 / year
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Overview
Job Description
At Coaction, we're a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.
As an Underwriting Associate, you are the backbone of the underwriting process and aid as the Underwriter's business partner. You are intuitive and can interpret the needs within your team and external clients as you succeed in prioritizing and executing your responsibilities. You know the underwriting process like the back of your hand and use this knowledge to propose out of the box recommendations within your team. You are a competent communicator who enjoys working with others to create a top of the line finished product.
Responsibilities
Computes and rates premium for new, renewal and/or endorsement business.
Delivers initial pricing to your Underwriting partner.
Interacts directly with underwriters to assist in underwriting analysis and documentation.
Services accounts, including resolving agents' inquiries, complaints, and requests.
Performs policy processing activities.
Performs applicable procedures to ensure compliance with corporate and regulatory standards.
Orders and obtains various reports, such as MVR, D&B, etc.
May back-up other areas as needed.
Qualifications
2-5 years of commercial rating experience with most lines of business
Knowledge of underwriting support procedures and documentation.
Knowledge of applicable insurance products / programs.
Solid planning & organizational skills: time-management, prioritization & attention to detail.
Analytical skills to identify, gather, and organize information and provide recommendations to underwriter.
Knowledge of multiple lines of business within the commercial property and casualty sphere
Solid knowledge of Microsoft Office products, Excel and Word in particular
This is not a fully remote position. Applicants must sit in our Morristown, NJ office on our hybrid work schedule.
Salary range specific to for this role : $55,000-$70,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.
Equal Opportunity Employer
Coaction is an Equal Employment Opportunity employer. Coaction's policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.
If your application is selected, you will receive an email directly from the Coaction Recruiting Team at coaction@myworkday.com asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.
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