Underwriting Analyst – Morris Plains, NJ or Los Angeles, CA
Job ID: 2012190
Job Title: Underwriting Analyst
Location: Morris Plains, NJ or Los Angeles, CA
Employment Type: Full-Time (Hybrid)
The position will provide broad support to members of the General Aviation Underwriting Department in the areas of research and development of pertinent underwriting information, day to day servicing, routine follow-up for outstanding information and completion of policy documents necessary for issuance of new and existing policyholders. Further duties and responsibilities listed below:
- Load underwriting models including endorsements and coverages where applicable
- Create an underwriting analyst pack which consists of:
- Research information on each risk and outline the outcome
- Review previous records for any pertinent information to be shared with the sales underwriting team
- Load underwriting models including endorsements and coverages where applicable to prepare the model for the underwriter’s quote
- Compare insured values with bluebook values and highlight differences to the sales team
- Copy over any relevant underwriting information from previous year’s records (application, pilot reports)
- Generate an updated Policy History Report showing both premium and loss information
- Generate Early Action Renewal Analyst Packs as directed by the Sales Team
- Peer Review analyst packs for accuracy and complete the analyst checklist for each file
- Issue quote and binder documents, policy and mid-term changes as directed by the Underwriting Team
- Responsible for assisting the Underwriting Team on credit control items and proofreading documents for final mailing
- Review policy detail report and highlight any discrepancies with the sales team. Assist in rectifying the issues
- Contact brokers, head office or other regional offices as directed by the Underwriting Analyst Manager
- Maintain proficiency in Global systems and interface with these systems at the direction of the Underwriting staff
Qualifications
Education:
- Bachelor’s Degree Preferred
Required:
- Proficient in Microsoft Office Suite (Word, Excel, Access, PowerPoint)
- Excellent oral and written communication skills
- Previous experience working in a role that required strong analytical skills and precise attention to details
- Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices
- Strong interpersonal skills
Preferred:
- Two to three years’ experience with insurance underwriting type activities
- Previous experience working in Finance or Accounting
- Strong Mathematical skills
Please send your resume to ushumanresources@global-aero.com with the subject line of XWEB-2012190.