Underwriting Servicing Representative

S

Semsee

Underwriting Servicing Representative

Remote, PA
Full Time
Paid
  • Responsibilities

    Underwriting Service Representative

    Role: Full Time

    Location: Remote, Philadelphia, PA or New York, NY Preferred

    Team: Market Access

    Who We Are

    We're a group of hard working, intellectually curious, and creative individuals disrupting the $120 Billion small commercial insurance industry. Why? Because we believe enabling small commercial businesses to obtain insurance coverage is a BIG deal.

    Independent insurance agents have been hungry for a solution like our breakthrough marketplace platform and the nation's most established insurance carriers have a strong appetite for it as well.

    We need to find the right people for the right roles to help our team keep up with the market demand that we have been among the first to tap into. Come join our rapidly growing team! We are well-funded by reputable investors including 01A, D.E. Shaw & Co, and Markel.

    The Role

    The Underwriting Service Representative will support Semsee's Market Access team by providing quality service to agent clients. Similar to a traditional insurance CSR, you'll help with daily servicing that will include the preparation of quotes/proposals, binding, client follow-ups, endorsement activity, and renewal control. The ideal candidate is someone who is detail-oriented, has a customer-first attitude, and can serve as a team player.

    You will:

    • Assist with new business submissions
    • Review submissions for completeness and accuracy and make requests for information
    • Create electronic files by compiling and organizing all underwriting data and information, including internal and external correspondence, application information, policy documents, and other relevant documentation
    • Work directly with Retail Agents to collect state specific E&S forms to complete surplus lines tax filings on the Inscipher platform.
    • Prepare the binder, stamp with state-specific stamping (if applicable), generate the invoice, and package with the binder
    • Quote and/or issue endorsements, ensuring the accuracy of changes
    • Work closely with underwriters to ensure that all policy management activities (e.g., endorsements, cancellations, and renewals) are handled in a timely and appropriate manner

    You're well qualified for this role:

    • 2+ years of experience in Commercial Property/Casualty Insurance at a retail or wholesale agency preferred
    • Demonstrated knowledge of insurance principles, policies, and procedures
    • Excellent attention to detail and the ability to work meticulously and accurately within established guidelines
    • Technologically savvy and data-driven
    • Ability to work in a fast-paced environment
    • Effective written and verbal communication skills
    • A team player with great interpersonal skills and the ability to build effective relationships with team members and external stakeholders
    • Experience in excess and surplus lines, a plus

    What We Offer:

    • Competitive Base Compensation : $45,000 - $55,000 yearly salary
    • Stock Options : Offered on a one-year cliff and four-year vesting period
    • Growth Opportunity : Ground floor opportunity as an early member of the Semsee team
    • Our Culture : An inclusive company culture that is being built intentionally to foster stimulating, healthy, meaningful and long lasting work relationships.
    • Hybrid Distributed Workplace : Office in Manhattan as well as Remote Team Members
    • Time Off : 4 weeks (20 Days) + 9 company observed holidays; Total 29 Days/Year
    • Benefits : 70% Funded Medical/Vision/Dental; 100% Funded Life Insurance; 401k, Roth IRA; Generous 12 Weeks Paid Baby Bonding Leave, +more