Underwriting Assistant
Chicago, IL - USA
Job Summary
Join Starr a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate make impactful decisions and build lasting client relationships worldwide. At Starr youll work in an entrepreneurial culture alongside accessible leaders leveraging our financial strength and vast industry experience to deliver solutions for our clients no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Job Summary:
The Builders Risk Underwriting Assistant is responsible for providing comprehensive administrative and underwriting support to the Builders Risk Underwriting team. This position assists with the processing documentation and review of builders risk insurance policies facilitating efficient workflow from submission to issuance while ensuring compliance with company guidelines and regulatory requirements.
Key Responsibilities:
- Assist underwriters by collecting reviewing and analyzing submission documentation including applications construction plans and supporting materials.
- Enter and maintain accurate data in underwriting systems and databases.
- Prepare quotes binders endorsements declinations and other correspondence as directed.
- Communicate with agents brokers and internal departments to obtain missing information or clarify submission details.
- Support the preparation and issuance of policies renewals and endorsements according to established guidelines.
- Monitor outstanding subjectivities and keep track of deadlines for submissions renewals and follow-ups.
- Run and review preliminary risk reports (e.g. loss runs ISO reports credit checks) as requested.
- Ensure compliance with internal procedures regulatory requirements and quality control standards.
- Assist in preparing reports and compiling data for team meetings or management reviews.
- Provide general administrative support such as maintaining digital files organizing documentation and scheduling meetings.
- Other duties as assigned by the Underwriting Manager or team leads.
Qualifications:
- High school diploma or equivalent required; Associates or Bachelors degree in Business Insurance or related field preferred.
- 1-2 years of experience in insurance (property/casualty) or administrative support roles preferably within underwriting or builders risk.
- Familiarity with insurance terminology concepts and processes preferred.
- Excellent attention to detail accuracy and organizational skills.
- Strong verbal and written communication abilities.
- Proficient in Microsoft Office Suite (Word Excel Outlook) and ability to learn industry-specific software.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
- Commitment to maintaining confidentiality and exercising sound judgment.
Starr is an equal opportunity employer which means well consider all suitably qualified applicants regardless of gender identity or expression ethnic origin nationality religion or beliefs age sexual orientation disability status or any other protected characteristic. We recruit and develop our people based on merit and were committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Required Experience:
Junior IC