Underwriting Analyst – Morris Plains, NJ or Woodland Hills, CA
Job ID: 2012235
Job Title: Underwriting Analyst
Location: Morris Plains, NJ or Woodland Hills, CA
Employment Type: Full-Time (Hybrid)
This role provides 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 & responsibilities are below:
- Load underwriting models including endorsements and coverages where applicable.
- Create an underwriting analyst pack which consists of:
- Research of each risk and outline outcome.
- Review previous records (where applicable) for any pertinent information to be shared with the sales underwriting team
- Loading underwriting models including endorsements and coverages where applicable in an effort 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
- 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 & complete Analyst checklist for each file.
- Issue quote and binder documents, policy and mid-term changes as directed by the Underwriting Team.
- Responsible for assisting Underwriting Team on credit control items and proofreading documents.
- Provide administrative support as directed by the Underwriting Analyst Manager
- 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 systems at the direction of Underwriting staff.
Qualifications
Education:
- Bachelor’s Degree Preferred
Skills/Experience:
Required:
- Proficient in Microsoft Office Suite (Word, Excel, Access, PowerPoint)
- Excellent oral and written communication skills along with strong interpersonal 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
Preferred:
- Two to three years’ experience with insurance underwriting type activities
- Previous experience working in Finance or Accounting
- Strong Mathematical skills
Pay Range
Anticipated Pay Range For This Role Is:
$60,000 – $70,000
This pay range represents the base annual full-time salary for this position. Individual compensation packages are based on various factors unique to each candidate including but not limited to relevant experience, education, geography and skill set. All full time positions are eligible to participate in Global’s profit-sharing plan program in addition to the base pay range listed above.
Great Benefits
We take pride in our comprehensive mix of pay and benefits – our benefits include:
Affordable medical, prescription, dental and vision plan options, a 401(k) plan (including matching company contributions), and a defined contribution plan with an annual company contribution of your base salary.
- No-cost programs including wellness screenings and programs, life and accidental death insurance, short term disability, identity theft protection and an employee assistance program
- Paid time off, Floating Holidays, parental leave, tuition assistance, and many other benefits depending on eligibility.
- Voluntary Benefits (e.g. pet insurance)
Please send your resume to ushumanresources@global-aero.com with the subject line of XWEB-2012235.