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Converge Insurance

Underwriting Assistant

Reposted Yesterday
Remote
Hiring Remotely in United States
70K-79K Annually
Mid level
Remote
Hiring Remotely in United States
70K-79K Annually
Mid level
The Underwriting Assistant will support insurance underwriting decisions, manage account documentation, communicate with brokers, and maintain customer relationships while ensuring compliance and accuracy in documentation.
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About us

Converge Insurance is a forward-thinking, technology-driven company specializing in cyber risk and insurance solutions. Our mission is to empower businesses to navigate the complexities of the digital age with confidence. By combining deep industry expertise, innovative products, and cutting-edge analytics, we deliver tailer risk management and insurance solutions that protect organizations from evolving cyber threats. At Converge, we are committed to fostering a culture of collaboration, innovation, and customer focus, ensuring our clients and partners receive unparalleled support and protection. Join our team and be part of a company shaping the future of cyber insurance.

About the Role

As an Underwriting Analyst you will have insurance experience in addition to strong customer service and analytical skills. We’re looking for candidates who:

  • Accountability: Takes ownership and responsibility for actions and outcomes, performance and results
  • Analytical Thinking: Identifies current or future problems or opportunities, analyzes, synthesize and compares information to understand issues, identifies cause / effect relationships and explores alternative solutions to support sound decision-making
  • Change Management / Resilience: Remains energized and focused in the face of ambiguity, change or strenuous demands
  • Communication: Demonstrates effective verbal, written, and listening communication skills
  • Customer Focus: Provides service excellence to internal or external clients
  • Judgment / Decision Making: Exercises sound judgment, makes decisions and commits to a position
  • Leveraging Differences: Works with and includes people from different backgrounds, experiences, cultures, races, etc…
  • Participates with Cyber Underwriters in the new business and account renewals that support underwriting decisions that are consistent with Converge growth and retention goals.
  • Partners with Underwriters to establish support needs for new and in force policies (i.e., identify / gather relevant account information to quote and / or bind the policy etc.)
  • May prepare underwriting referrals (i.e., security exposures, security controls, updated account information, etc.)
  • Manages account documentation (i.e., proposals, certificates, collateral agreements, policy change, endorsements, cancellations, broker record changes, letters of experience etc.)
  • Communicates with brokers / agencies, insureds / customers, and internal departments. (i.e., researches and resolves issues, responds to inquiries and questions).
  • Provides administrative support and other related services as needed (e.g., input account information into system).
  • Participates in projects / assignments as needed.
  • Responsible for all administrative tasks associated with assisting the underwriter with the full lifecycle of a risk.
  • Reserve new business quotes
  • Prepping files for renewal including file organization, loss runs and contract comparison
  • Issuing new business policies, renewal rewrites, and endorsements including document creation, file maintenance and systems updates
  • Issuing decline letters
  • Maintain underwriting files and documentation to the required standards
  • Establish and maintain strong customer relationships with both internal Underwriters, Sales teams, and external customers
  • Undertake ongoing compliance and regulatory training as required.
  • Adhere to company policies, procedures, and guidelines.
  • Present positive customer experience for clients and to colleagues. Work effectively as part of the team.
  • Assist in completion of ad-hoc projects that arise

Qualifications Desired

  • 1–5+ years of experience in Cyber Insurance
  • Strong time management skills, with the ability to prioritize work effectively and meet deadlines
  • Highly organized, with demonstrated ability to manage multiple tasks simultaneously
  • Exceptional attention to detail, ensuring accuracy in documentation
  • Advanced verbal and written communication skills, including the ability to handle customer service inquiries, collaborate with insurance professionals, and follow both written and verbal instructions
  • Solid understanding of cybersecurity concepts, industry trends, and emerging technologies/tools relevant to cyber risk
  • Proficiency in Microsoft Office, including advanced skills in Excel, Word, and PowerPoint

Education and Experience

  • Bachelor’s degree

Physical Requirements

• Prolonged periods sitting at a desk and working on a computer.

• Must be able to lift up to 15 pounds at times. 

Compensation & Benefits:

- Pay: $70,000 -$79,000 annually (commensurate with experience and location).
- Total Compensation Context: This role may be eligible for annual performance bonuses and equity participation.
- Benefits Overview: Converge provides comprehensive health benefits (medical, dental, vision), a 401(k) plan with employer contribution, and flexible paid time off (PTO).

The Company is an equal opportunity employer. It is the practice of the Company to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

Top Skills

Excel
MS Office
PowerPoint
Word
HQ

Converge Insurance New York, New York, USA Office

26 Broadway, Suite 328, New York, NY , United States, 10004

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