Underwriting assistant job duties
Underwriter assistants must be comfortable using computer software programs to determine whether to approve or deny an applicant for insurance coverage.
References 5.
Photo Credits. They tend to work full-time hours in an office environment. Extend technical underwriting support for team members.
Brokers Banks Vacancies are advertised by recruitment agencies and careers services and in local and national newspapers and specialist publications such as Business Week, Insurance Times and Insurance Post, plus their online equivalents.
They must be highly detail-oriented in order to spot problems with files. Relevant experience gained via vacation work and placements can be beneficial. He has been a college marketing professor since Main Responsibilities Underwriter assistants provide support to underwriters and independent agents.
Work Experience Many underwriter assistants get their feet wet through training programs offered through companies and insurance associations, such as the Insurance Institute of America. School leavers can enter the profession by starting in an assistant role within an underwriting team and working their way up.
Underwriting assistant job description for resume
Underwriting Assistants Underwriting assistants work with insurance underwriters, carrying out clerical tasks. Ensure assigned workload within quality and productivity. References 5. These assistants review and process policy changes so that insurance underwriters can stay informed. Compile data and conduct routine tasks to support Underwriters. When an agent or broker receives an application from a prospective individual, group or business customer, he submits it to the underwriting department where risks are assessed and insurance product is created. Depending on the size of the company, some underwriter assistants may work in an office focusing on particular types of insurance, such as commercial or life insurance. The assistant takes regular inventory of files in order to locate files that contain errors that must be fixed. According to Investopedia. They may answer questions concerning a policy status or billing error on behalf of an underwriter or agent. They need analytical skills to solve complex problems and evaluate clients' information.Working Environment Underwriter assistants work for a variety of employers including insurance companies, brokerage firms and businesses.