Full-Time

Underwriting Support Representative I

Posted on 11/15/2024

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Social Impact
Financial Services

Entry, Junior

Mt Laurel Township, NJ, USA + 1 more

More locations: Tallahassee, FL, USA

Role will be based out of either Marlton, NJ or Tallahassee, FL office.

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Data Analysis
Excel/Numbers/Sheets
Requirements
  • High School diploma or equivalent
  • Computer skills in various applications including Microsoft Word, Outlook and Excel
  • 2+ years relevant data processing experience
  • 1+ year previous processing experience in Underwriting Support
  • Ability to interpret and understand basic insurance coverage
  • Underwriting knowledge a plus
Responsibilities
  • Provide support to manager for overseeing processing functions and personnel
  • Review, fact-check and process policy change endorsements of applying and removing credits as necessary including: Pending Agency Documents, Alarms Certificates, Fortified Home Credits and Schedule Personal Property Appraisals
  • Confirm that all policies for which a credit has been applied have received correct documents and meet underwriting requirements
  • Process underwriting requests for coverage increases or decreases applying correct information to policy based upon criteria of request
  • Process cancellations notices including verifying that correct number of mail days have been applied and proof of mailing requirements have been met

SageSure offers insurance coverage for homeowners and small businesses in high-risk coastal areas, where traditional insurers often do not provide services. The company focuses on delivering tailored insurance products that meet the specific needs of clients in these underserved markets, using advanced technology and data analytics to assess risks and set competitive prices. SageSure stands out due to its specialized focus and a team of experienced professionals with extensive backgrounds in the insurance industry. The goal is to ensure that clients in high-risk areas have access to reliable insurance protection.

Company Stage

Debt Financing

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009

Growth & Insights
Headcount

6 month growth

9%

1 year growth

21%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Ecopia AI enhances precision in underwriting and risk assessment.
  • Expanded Markets program addresses growing demand for fire dwelling insurance in coastal states.
  • Collaboration with Markel increases underwriting opportunities in underserved markets.

What critics are saying

  • Increased competition in coastal insurance markets may pressure SageSure's market share.
  • Reliance on catastrophe bonds could lead to financial instability if market conditions change.
  • Potential regulatory changes in coastal states could impact competitive pricing strategies.

What makes SageSure unique

  • SageSure specializes in high-risk coastal areas, often ignored by traditional insurers.
  • The company uses advanced technology for precise risk assessment and competitive pricing.
  • SageSure offers over 50 insurance products through a vast network of 11,400 producers.

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Benefits

Fully stocked cafés with free snacks and beverages

Lounges with shuffleboard, billiards and board games

Access to in-office gyms

Organized and ad hoc social events

Medical (HSA, EPO, PPO)

Dental

Vision

401(k) with company match

Profit-sharing bonus program

Life insurance

Short-term and long-term disability

Up to 160 hours of paid time off per year, plus floating holidays

Paid holidays

8 hours of volunteer time off per year

Gym reimbursement

Tuition reimbursement toward education, licensing and certifications

Employee assistance program with access to free and confidential counseling

INACTIVE