Underwriting Assistant

Posted 2 Days Ago
Easy Apply
Manhattan, NY
In-Office
Junior
Insurance • Financial Services
Specialty insurance programs and wholesale coverage, powered by niche expertise and delivered with speed and integrity.
The Role
The Underwriting Assistant will support Underwriters with submission management, policy issuance, workflow processes, and documentation for insurance applications.
Summary Generated by Built In

Convelo is a managing general agent and wholesale broker positioned perfectly to give agents and brokers easy access to the most competitive specialty insurance products in the healthcare, senior living, non-profits, human services, and other sectors. Convelo is a socially conscious organization boasting an amazing culture of relentless grit and continuous improvement. We go to work every day to positively affect people's lives and we strive to do the same for our employees.


RESPONSIBILITIES

  • Establish new submission in the clearance system and handle according to established procedures
  • Assist Underwriters with quote, binder, and policy issuance workflow
  • Gathers and organizes information and reports (e.g., loss runs, risk assessments, and loss ratings) that support the underwriting decision
  • Assist the Underwriter with the computation of rates and premiums.
  • Review incoming insurance applications for accuracy and completeness
  • Participate in the creation and development of the team's underwriting workflows and processes, including underwriting files for all bound accounts
  • Work with and follow up with producers for any outstanding information
  • Process and distribute insurance binders, endorsements and polices within processing standards established by management
  • Prepare all policies in accordance with final binders inclusive of review by underwriting staff
  • Manage all account documentation

QUALIFICATIONS 

  • Bachelor's Degree
  • 1-3 years of underwriting experience
  • Demonstrated strong written and oral communication skills
  • Ability to work both independently and within a team environment

Convelo is a proud Equal Opportunity Employer. Convelo is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Convelo will not tolerate discrimination or harassment based on any of these characteristics. We believe that variety in experience makes us stronger as individuals, as communities, and as a company. Fostering an environment where all employees feel empowered to bring their authentic self to work is our priority

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The Company
HQ: Middletown, NJ
46 Employees
Year Founded: 2018

What We Do

Convelo puts the ease in niche expertise. As a managing general agent and wholesale broker, we make it easy to land the right insurance coverage for your niche clients.

Our highly specialized underwriters bring deep expertise to help you anticipate your clients’ needs and win their business. In the nonprofit and human service sector, we offer a range of programs tailored to the unique insurance needs of organizations that provide vital community services. Each program is developed with a top-rated carrier and offers best-in-class coverage that we can easily customize and extend with our wholesale offerings.

You can depend on Convelo to work hard for you and operate with the highest integrity – before, during and after coverage is bound. We move fast and ask the right questions, so you can get a better quote to your client faster than your competition does. Better yet, for some of our programs, appointed agents can use Convelo’s online portal to rate, quote and bind package policies in minutes.

With Convelo’s exclusive specialty insurance programs and wholesale partnerships at your fingertips, you’re already halfway to binding a policy when you connect with us. So, what are you waiting for?

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