We are seeking an Underwriting Assistant to join our Financial Lines team based in either the New York, NY or Berkeley Heights, NJ offices. The Underwriting Assistants review and analyze incoming transactions and related information for completeness, accuracy and quality. They are responsible for multi-line new business submissions, renewal submissions, and endorsements processing including rating, policy construction, and assembly in a timely and accurate manner.
Regularly reviews and adheres to department processing guidelines and procedures to ensure accuracy including recommended changes/enhancements
Manage underwriting relationships with timely responses relative to service inquiries.
Maintain all correspondence activity with internal and external customers including daily diaries on pending transactions
Ensure compliance with state rules and regulations relative to cancellations and reinstatements
Gathering and analyzing underwriting information including experience reports, final audits, loss control reports, financial reports, and loss runs
Ability to manage internal report updates based on manager discretion
Participates in peer review and quality control for the team(s) as needed
Special projects, including participation in company projects, as needed
qualifications
Bachelor’s degree or relevant work experience required
2-3 years of UA Experience, Financial Lines - specific knowledge a plus
Proficient knowledge of underwriting principles, product-specific coverage, policy forms, pricing tools, regulatory compliance, and insurance systems
Proficient in MS Office, with exceptional skills in Microsoft Excel
Strong desk management and written and verbal communication skills.
Ability to prioritize competing demands and requests to complete work within required time constraints with a high volume of work.
Demonstrate strong analytical skills and mathematical aptitude.
The ability to work in a team environment and handle multiple deadlines with ease.
Self-starter that is energized by independent learning and research
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
#wsp
Skills Required
- Bachelor's degree or relevant work experience
- 2-3 years of underwriting assistant experience
- Knowledge of underwriting principles, product-specific coverage, policy forms, pricing tools, regulatory compliance, and insurance systems
- Proficiency in Microsoft Office and exceptional Microsoft Excel skills
- Strong desk management and written and verbal communication skills
- Ability to prioritize competing demands and complete high-volume work within required time constraints
- Strong analytical skills and mathematical aptitude
- Ability to work in a team environment and manage multiple deadlines
- Self-starter with independent learning and research capabilities
What We Do
Westfield Specialty is a prominent specialty insurance carrier that combines global reach with local market expertise, supported by the financial strength of Westfield, a leading U.S.-based property and casualty insurance company. It delivers strategic, creative coverage solutions designed to help protect businesses, mitigate risk, and assist in driving growth for clients.
