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TransRe

Underwriting Assistant

Posted Yesterday
Be an Early Applicant
In-Office
New York, NY
70K-100K Annually
Mid level
In-Office
New York, NY
70K-100K Annually
Mid level
The Underwriting Assistant supports the underwriting team with administrative tasks, data input, processing endorsements, and client communication. They ensure accurate management of underwriting files and analyze accounting reports to resolve discrepancies, all while meeting deadlines in a fast-paced environment.
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About Us

Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:

Integrity                      Work honestly, to enhance TransRe’s reputation

Respect                       Value all colleagues. Collaborate actively.

Performance               We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths

Entrepreneurship        Seize opportunities. Innovate for and with customers.

Customer Focus         Anticipate their priorities. Exceed their expectations.

Description

As a member of the Casualty Facultative Underwriting team, the Underwriting Assistant will be provide administrative and underwriting support to the underwriting team. Responsibilities will include, but not be limited to:

  • Inputting all required underwriting submission information accurately and in a timely manner into the system
  • Processing all endorsements and binders, including calculations and keeping the system up to date
  • Processing the counterparty submission forms to reactivate or register new ceding companies or brokers
  • Following up on submission information with clients and brokers
  • Analyzing accounting reports and communicating with our accounting department in case of any premium discrepancies
  • Following up with external clients about missing information or outstanding premiums due
  • Management of underwriting information and other systems (e.g. TIRS, GRM, shared folders, DMS, excel, word)
  • Maintaining overall underwriting files to assure most up to date accuracy

Requirements

  • 3+ years of experience as a Technical Assistant or Administrator
  • Experience in the insurance and/or reinsurance industry preferred
  • Understanding of placement slips/policies, and insurance/reinsurance terms preferred
  • Attention to detail and ability to review and manipulate data accurately
  • Ability to complete tasks and assignments in a high volume work environment on a daily basis in a timely fashion
  • Time management skills
  • Knowledge of Excel, Word, PowerPoint, Outlook and other MS applications

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.

Compensation

In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $70,000 – 100,000. This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.

This role is classified as salaried non-exempt under the Fair Labor Standard Act (FLSA). The incumbent will be paid for hours worked and will also be eligible to receive overtime pay.

We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.

Top Skills

Dms
Excel
Grm
Outlook
PowerPoint
Tirs
Word
HQ

TransRe New York, New York, USA Office

One Liberty Plaza, 165 Broadway, New York, New York, United States, 10006

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