Underwriting Program Associate
Spectraforce
Whitehouse Station, New Jersey
a month ago
Job Description
Job Title: Underwriting Program Associate
Location: Whitehouse Station NJ 08889
Duration: 3 months’ Assignment (potential to temp to perm)
Shift/Hours: 40hours/week, 8:30am-5:00pm
Work Model: Hybrid, 4 days in office/1 day WFH (Friday)-depending on performance
Summary:
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $28.50/hr.
Location: Whitehouse Station NJ 08889
Duration: 3 months’ Assignment (potential to temp to perm)
Shift/Hours: 40hours/week, 8:30am-5:00pm
Work Model: Hybrid, 4 days in office/1 day WFH (Friday)-depending on performance
Summary:
- The Commercial Insurance Underwriting Program Associate will collaborate with our Managing General Agent, which specializes in the middle market construction sector.
- This MGU is authorized to produce and underwrite Workers' Compensation, General Liability, Automobile and Excess lines of business for Commercial Insurance.
- This position will report to the CI Operational Specialist.
- Complete the end-to-end process of the monthly General Liability (GL) bordereau, ensuring accuracy and timeliness in all deliverables. (will be trained).
- Engage in daily interactions with the MGU Operations and Underwriting staff to facilitate seamless communication and collaboration. (will be trained).
- Coordinate the processing of Excess Newlines and renewals by collaborating closely with the processing center and the MGU team, including accurate data entry into the Excess system. (will be trained).
- Update and maintain rate metrics to ensure accurate and current data for analysis and reporting. (will be trained).
- Store policy documentation in the appropriate electronic file, ensuring the integrity and organization of all electronic records. (will be trained).
- Coordinate the distribution and resolution of workers' compensation criticisms. (will be trained)
- Prepare and provide necessary information to the processing center to ensure accurate and timely booking of monthly reinsurance transactions. (will be trained).
- Support the User Acceptance Testing (UAT) process for the workers compensation system to ensure functionality and performance meet business requirements. (will be trained).
- Work closely with the collections specialist to resolve premium discrepancies efficiently.
- Manage the tracking of large deductible policies and associated claims activity. (will be trained).
- Assist with UW Audit activities including retrieving policy documentation. (will be trained).
- Support the submission process for newline activities. (will be trained).
- Maintain the tracking and accuracy of Construction Wrap Up policies. (will be trained).
- Perform monthly Texas Accident Prevention process. (will be trained).
- Complete applicable Motor Carrier Filings. (will be trained).
- Retrieve and distribute Excess loss run reports. (will be trained).
- Demonstrated proficiency in data entry and computer skills, particularly in Microsoft Excel (including pivot tables, Vlookup, Formulas-advanced), Word (training documents and templates to be used) and, and Outlook (email).
- Demonstrated ability to effectively interact with all levels of internal and external business partners.
- Must be detail orientated.
- Must be able to multi-task and balance multiple priorities.
- Strong interpersonal and written communication skills.
- Ability to learn quickly, prioritize work, and perform within time constraints.
- Ability to work independently and cohesively in a team environment.
- Associates degree or equivalent, 4-Year degree preferred.
- Minimum of 1-2 years relevant insurance experience (Auto, GL, Workers Comp and Excess Umbrella) will be considered.
Applicant Notices & Disclaimers
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At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $28.50/hr.