We are offering an exciting opportunity for an Underwriting Administrative Assistant in Chicago, Illinois. The role is within the insurance industry and the selected candidate will be expected to provide support to our client's underwriting department. The role involves the processing of new and renewal business, maintaining policy data, and handling member inquiries. The position is offering a salary of $60,000-$70,000 + full, rich benefits, and a hybrid work schedule.
Responsibilities:
• Manage and validate data for contacts in the underwriting system and customer relations management system.
• Perform data entry tasks for new business, renewal, and mid-year policy changes; prepare mid-year policy endorsements.
• Maintain electronic member and policy files, and related data for new business and renewal policies.
• Coordinate with underwriters to prepare and send renewal memos and other member communications.
• Work closely with other members of the underwriting group on renewal efforts, specifically online insurance applications, renewal worksheets, and process management.
• Update, maintain, and prepare all policy documents for issuance and publication on website and member-specific portals.
• Collaborate with member firms to provide Confirmations and Certificates of Insurance (COIs) and respond to other member inquiries.
• Prepare correspondence, memoranda, charts, and project materials; distribute communications (emails, reports, etc.) to appropriate parties.
• Maintain various underwriting reports and maintain and update underwriting guidelines as needed.
• Undertake any other duties as assigned.
• Minimum of 3 years of experience as an Administrative Assistant or in a similar role, preferably in the insurance industry
• Proficiency in Microsoft Office Suite including Microsoft Word, Microsoft Excel, Microsoft PowerPoint, and Microsoft Outlook
• Demonstrated skills in data entry and email correspondence
• Bachelor's Degree strongly preferred
• Familiarity with the insurance industry, including understanding of insurance companies, insurance plans, insurance policies, and liability insurance
• Ability to perform data entry tasks with accuracy and efficiency
• Knowledge of insurance planning and ability to liaise with insurance companies effectively