Reinsurance Underwriting Assistant

Posted 2 Days Ago
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Coral Gables, FL
48K-72K Annually
Entry level
Fintech • Payments • Financial Services
The Role
The Reinsurance Account Specialist will support the underwriting process by managing submissions and renewals, logging information accurately in the policy management system, and maintaining documentation. They will liaise with brokers and underwriters, ensuring effective communication and follow-up on account status, while also updating and verifying records in various systems.
Summary Generated by Built In

Account Specialist - OC09AN

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   

         

An exciting opportunity has opened within Navigators Re for a Reinsurance Underwriting Assistant. Navigators Re supports lines worldwide and aims to expand the breadth and depth of its Reinsurance portfolio, with ambitions to grow its capabilities in the marketplace. This position provides key support to NavRe underwriting, serving as a vital resource and point of contact for Brokers, Underwriters, as well as Accounting, Claims and Actuarial teams. The ideal candidate for this position demonstrates a developing understanding of Underwriting, contract management, and client relationships. Additionally, they should be initiative-taking, a good communicator, and able to multi-task effectively.

Responsibilities:

Submission and Renewal/New Handling (30%):

  • Manage new/renewal folders and track/follow up with the underwriter on the status of accounts.

  • Follow submission setup functions based on the specifics of each different line of business.

  • Correspond with clients or brokers to gather information that facilitates the risk assessment process and provides underwriting support.

  • Responsible for downloading and handling all submission-related information.

  • Fill in the Operations tracker with bound accounts.

  • Submit request forms for new cedants or brokers.

Logging (40%):

  • Verify and complete information on the final model that was bound by the underwriter.

  • Enter business on a timely and accurately basis into the policy management system - Sapiens.

  • Check that the final documentation matches the information entered in the system.

  • Update the system in the event there are any changes or adjustments.

  • Collaborate with the underwriters and accounting team to enter any account adjustments in Sapiens.

  • Keep the Operations tracker up to date.

Documentation (30%):

  • Review and compare any final slips and prepare them for the underwriter’s signature.

  • Maintain accurate, up-to-date records in Sapiens, Image Right, and our shared drive.

  • Serve as the liaison for underwriters and customers to track, manage, and prioritize any pending documentation.

  • Pull experience deviation reports monthly.

Requirements:

  • Fluent in English & Spanish required

  • Experience working independently as well as part of a team. 

  • Proficiency in Microsoft Excel and other Microsoft applications.

  • Strong reinsurance experience preferred.

  • Working knowledge of Sapiens is a plus.

  • Strong analytical thinker with thorough diligence.

  • Excellent written and verbal communication skills.

  • Some travel may be required as deemed necessary.

This role will have a Hybrid work arrangement, with the expectation of working in an office (Coral Gables, FL) three days a week (Tuesday through Thursday).

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$48,080 - $72,120

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

Top Skills

Microsoft Excel,Sapiens
The Company
HQ: Hartford, Connecticut
20,002 Employees
On-site Workplace
Year Founded: 1810

What We Do

Human achievement is at the heart of what we do. We put our belief into action by not only ensuring individuals and businesses are well protected, but by going even further – making an impact in ways that go beyond an insurance policy

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