Underwriting Associate, Central Zone

  • Jersey City
  • N2g
About N2G Worldwide Insurance Services, LLC
N2G Worldwide is a joint venture created by Nationwide Mutual Insurance Company (Nationwide), one of the largest insurance and financial services companies in the U.S., and Generali Global Corporate and Commercial (Generali), a top global insurance company based in Italy. Corporate and Commercial (Generali), a top global insurance company based in Italy.
The combination of Nationwide and Generali allows N2G Worldwide to provide a lifetime of customized protection to our global clients through creativity, flexibility, renowned service and happy, innovative colleagues utilizing a powerful portfolio of global and local products, virtually unmatched in-house risk analytics, engineering and client service capabilities and an owned, 180+ country global network.
At N2G Worldwide, we aspire to be the most admired, most caring, most innovative and most colleague and client-focused provider of global insurance solutions in the market.
Position Overview
At N2G Underwriting Associates provide technical underwriting and administrative support to our Central Zone P&C middle market Underwriters on all new and renewal business. They are in constant interaction with various stakeholders, e.g. Underwriters, Operations, and Brokers. They may also support various projects, e.g. related to data-quality, renewal processes or cross-sell initiatives.
The candidate must be located in the Central Time Zone to be considered for the role.
This Position Is Responsible For
• Assist in pre-renewal strategy discussion on all assigned renewals
• Review renewal and new business submissions for completeness and reach out to brokers for missing information in tandem with Underwriter
• Perform and document basic risk analysis, including loss experience, exposures and hazards.
• Review property SOV for correctness and submit requests to modeling team with Underwriter support
• Complete rating tools by entering exposure and loss information and outline year over year changes
• Identify proper SIC code(s) for new and renewal accounts
• Properly document all files within established due dates
• Maintain service standards by timely response to broker requests and timely receipt of underwriting information
• Monitoring the operational processes of all produced policies.
• Leveraging strong organizational and relationship skills to coordinate between various parties, including Underwriters, Operations, and Brokers.
• Ensuring best-in-class service related to policy issuance / servicing and billing collections.
• Acting as data-quality steward
• Assisting with post-bind activities.
• Resolve issues and reconcile discrepancies where needed, e.g. to progress the policy issuance or premium collection status.
Experience And Skill Requirements
• Only those candidates with 3 to 5 years of Commercial Insurance experience will be considered
• Understanding of insurance terminology and utilization of various systems (example: Reference Connect, ISO, NCCI and IRMI)
• Ability to gather and analyze data
• Self-motivation to complete work independently
• Strong verbal and written communication skills
• Capable of independently tracking and completing multiple requests in a dynamic environment
• Strong computer technical acumen with knowledge of Microsoft Office- Outlook, Excel and Word
• Understanding of foreign language(s) is a plus
The candidate must be located in the Central Time Zone to be considered for the role.