Underwriting Operations Specialist

Posted 14 Days Ago
Be an Early Applicant
Morristown, NJ
Junior
Industrial
The Role
The Underwriting Operations Specialist aids in the underwriting process, computing and rating premiums, providing pricing to underwriters, and servicing accounts. They assist with documentation, ensure compliance with standards, and leverage their analytical skills for recommendations. Strong communication and organizational skills are essential.
Summary Generated by Built In

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.

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 Operations Specialist, you are the back bone of the underwriting process and aid as the Underwriter’s business partner.  You are intuitive and can interpret the needs of 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 to 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:

  • 1-3 years of commercial rating experience with 2 or more 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

If your application is selected, you will receive an email directly from the Coaction Recruiting Team at [email protected] asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.

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 [email protected] asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.

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The Company
Alpharetta, Georgia
447 Employees
On-site Workplace
Year Founded: 2009

What We Do

Coaction Global (Coaction) is an A.M. Best “A-“ (Excellent)-rated, property and casualty (P&C) insurance company. Founded in 2009 as ProSight Global, Coaction today is a specialty underwriter providing property, casualty, entertainment, executive liability, and multi-line coverages to U.S. customers via open brokerage and delegated underwriting authority platforms. Coaction’s authentic, results-oriented culture is reflected in the company’s focused approach to fulfilling individual customer needs by combining product, analytics, and underwriting capabilities with strong industry knowledge and partnerships. Through data-driven insights and collaboration, the company coacts with customers and partners to rationally manage risk for a more confident and sustainable future

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