Sensitive information is usually involved, so often passing a background check is required before hiring. Assist in the development and monitoring of premium rates.
Enter, review and maintain accurate records of new policies and renewals. Most of their time is spent performing risk analysis, pricing and rating products and services, processing paperwork, and auditing company files and transactions. Companies that hire assistant underwriters include banks, financial institutions, insurance companies, employment agencies, and other large corporations with substantial financial interests.
Assistant underwriters should have extensive knowledge in the financial and credit industries, as well as regulations and laws related to banking, investment, and insurance. They must be physically capable of spending most of the day seated, type quickly and accurately for data entry, and have filing skills for recordkeeping purposes.
They work closely with underwriting managers, other accountants, and company executives. Assist business development of new business opportunities with sales and marketing efforts. Employers typically prefer at least five years of relevant experience for this position; many also prefer knowledge of the particular type of underwriting performed at the hiring organization.
Job Description for Assistant Underwriter Assistant underwriters work under accountants and other financial experts, performing writing and financial services for a company. Assistant underwriters typically work as a subordinate to an underwriter and work in an office environment during regular business hours, although travel may occasionally be required for risk assessment.
Additionally, they must be well organized, pay close attention to detail, skilled at multitasking, and efficient. Enter, review and maintain accurate records of new policies and renewals.
Assist in the development and monitoring of premium rates. Assistant underwriters typically work in an office setting during regular business hours.
Assistant underwriters must have experience with computer programs related to accounting and finance, as well as expertise in communication and teamwork. They must be capable of working alone and with others, and they must be organized and detailed to maintain company financial records and audits.
In all fields, assistant underwriters must cultivate good relationships with clients and be able to obtain client information quickly and accurately. Assist business development of new business opportunities with sales and marketing efforts.
They may work in a variety of fields, such as bank underwriting, insurance underwriting, and real estate underwriting. Assistant underwriters must be able keep company files and financial information private, as well as communicate well with other company members to collect data and financial information.Today's top Underwriting Assistant jobs in United Kingdom.
Leverage your professional network, and get hired. New Underwriting Assistant jobs added daily. Aug 13, · In Minneapolis, an Underwriting Assistant earns around $45, annually on average. This is 6% above the national average for an Underwriting Assistant which is $42, annually.
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Skip to Job Postings, Search Close. Find Jobs Company Commercial Lines Underwriting Assistant. Columbia Insurance Group 5 reviews. Johns Creek, GA. Find Underwriting Assistant jobs in Duluth, GA. Search for full time or part time employment opportunities on Jobs2Careers.
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