Description
Position Summary
The Underwriting Assistant supports the underwriting team by managing administrative tasks and facilitating the pre-underwriting process. This role is essential in ensuring timely, informed underwriting decisions by assisting with submission intake, rating processes, and file preparation. The Underwriting Assistant works closely with agents and internal departments to ensure accuracy and compliance throughout the policy lifecycle.
Key Responsibilities and Essential Functions
- Manage submission intake and track new business using Excel and Excel Online
- Review and clear new business submissions
- Enter submission data into the Policy Administration System to process rating worksheets
- Communicate with agents to obtain required or missing information
- Complete initial data entry on the Risk Analysis Worksheet (RAW)
- Assign submissions to appropriate underwriters with attention to detail
- Email policies and welcome kits to agents and policyholders
- Process loss run and experience modification worksheet requests
- Assist with preparation of renewal quotes
- Bind and issue policies in the Policy Administration System
- Process endorsements, including cancellations and reinstatements
- Deliver proposals and quotes within established timeframes
- Respond to internal compliance inquiries and external requests from agents, brokers, and policyholders
- Participate in training, workshops, and conventions to stay current on workers’ compensation rules, regulations, and underwriting practices
- Use resources such as IRMI and the NCCI website to enhance underwriting knowledge
- Perform additional tasks and special projects as assigned
Requirements
- 3–5 years of administrative experience preferred
- Prior experience in workers’ compensation insurance strongly desired
- Proficient in Microsoft Office, particularly Excel
- Strong attention to detail with a high degree of accuracy
- Ability to thrive in a fast-paced, customer-focused environment
- Reliable and punctual, including in remote work settings
- Receptive to direction with the ability to adapt to changing market conditions
- Strong organizational and multitasking abilities
- Excellent verbal and written communication skills
- Capable of interpreting and following written, verbal, or diagrammed instructions
- Maintains confidentiality of sensitive information
- Demonstrated discretion, sound judgment, and strong administrative skills
- Comfortable working remotely, with effective communication via Teams, email, and phone
Skills Required
- 3-5 years of administrative experience
- Prior experience in workers' compensation insurance
- Proficient in Microsoft Office, particularly Excel
- Experience using Policy Administration Systems and processing rating worksheets
- Strong attention to detail and high degree of accuracy
- Strong organizational and multitasking abilities
- Excellent verbal and written communication skills
- Ability to follow written, verbal, or diagrammed instructions
- Maintains confidentiality of sensitive information and demonstrates discretion and sound judgment
- Comfortable working remotely with effective communication via Teams, email, and phone
- Ability to thrive in a fast-paced, customer-focused environment and adapt to changing market conditions
What We Do
Trean Corporation provides insurance management services, insurance and reinsurance consulting, and underwriting and administrative services for a variety of carriers and captives, acting as a managing general underwriter (MGU) and managing general agent (MGA).
