UNDERWRTING ASSISTANT - MEDICAL STOP LOSS - REMOTE - East London
The Underwriting Assistant handles the technical aspects of the underwriting process, and as a team member, will support a designated group of stakeholders such as Sales teams or Independent agents. Responsibilities: • Use the underwriting system (DYS) to enter and clear submissions including entry of census and current/competitor rate information meeting required turnaround times for both standard and rush requests. • Compile, sort and verify information received for completeness • Work alongside clients to collect missing data required to process the RFP and/or application for contract • Monitor submission status and follow-up on outstanding documents to finalize • Collaborate with key partners including, but not limited to, Underwriting, Sales, Claims and other departments as well as outside producers • Prepare the file used in policy construction and follow up with brokers and/or underwriters regarding outstanding questions and/or paperwork (e.g., subjectivities, underlying policies, policy information, etc.) • Identify all required forms and materials related to policy issuance; prepare policy and endorsements (monetary & non-monetary) via Policy Document Management system or manually. • Assists in handling various requests/inquiries from brokers and/or underwriters to include premium information, loss information, policy changes, submitting request for loss control visit, etc. • Assists in preparing activity logs that track steps leading up to policy issuance and perform reconciliations against reports generated from underwriting system. Interact with other departments including Finance and Compliance to resolve discrepancies and/or issues. • Handle pre-renewal activity to include preparing & mailing renewal letters. Experience and Skills • Two or more years of experience in medical stop loss underwriting preferred • Solid technical understanding of medical stop loss underwriting support function • Strong mathematical, analytical, communication and customer service skills • Proficient in Excel, Word, and Outlook • Highly detailed oriented • Able to multi-task, prioritize and complete assignments/tasks timely • Proficient with the David Young System • Bachelors degree or equivalent work experience
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