Underwriting Assistant – Political Risk & Credit

Underwriting Assistant - Political Risk & Credit (PRC)

About the Role

We are seeking a highly motivated Underwriting Assistant to join our Political Risk & Credit (PRC) team. This role provides critical support to underwriters in managing complex international commercial business. The ideal candidate will have strong financial acumen, exceptional organizational skills, and a solid understanding of end-to-end underwriting processes.

Key Duties and Responsibilities

• Provide broad underwriting support to the underwriting teams.
• Collaborate closely with brokers and clients to ensure all relevant submission and modeling data is provided to initiate the underwriting process.
• Work closely with Catastrophe Modeling and Actuarial teams for pricing targets.
• Ensure compliance with underwriting guidelines and company approach.
• Review and prepare contract wordings to ensure language/clauses and relevant subjectivities are satisfied.
• Manage the workflow of all deals within the business unit.
• Maintain electronic filing for all business entries.
• Process all bound submissions and endorsements in SICS Accounting System.
• Consult with and assist both Accounting and Claims teams on premium/loss related queries.
• Assist with internal and external audit requests.
• Collaborate and correspond with internal and external contacts to achieve a high level of service and meet client expectations.
• Interact directly with various business partners and internal departments such as claims, accounts, and legal.
• Meet departmental service standards for underwriting guidelines, file compliance, and audits.
• Perform other duties and special projects as assigned under minimal supervision.
• Train, mentor, and coach new team members within the underwriting unit.

What We're Looking For

• Excellent / Dynamic Communication Skills - ability to interact with global stakeholders.
• Very Strong Financial Acumen / Math Skills - comfortable analyzing financial data and credit risk.
• Solid Understanding of End-to-End Underwriting Processes - specifically in US / International Commercial Business.
• Highly Organized / Meticulous Attention to Detail - manage multiple priorities accurately.
• Experience with Accounting, Billing & Collections - a strong plus.

Minimum Qualifications and Experience

• Bachelor's degree or equivalent preferred.
• 3-5 years of industry experience required.
• Knowledge of insurance policy forms and regulatory requirements preferred.
• Excellent written and verbal communication skills.
• Strong organizational skills with ability to handle multiple assignments and meet deadlines.
• Strong customer service focus with ability to multi-task with limited direction.
• Proficiency in Microsoft Word and Excel.