Underwriting assistant job profile

Underwriting assistants also must have knowledge about rating systems and working with different types of insurances, such as auto and health.

renewal underwriter job description

Bureau of Labor Statistics. Underwriting Assistants Underwriting assistants work with insurance underwriters, carrying out clerical tasks.

Underwriter assistants also must be detail-oriented, especially when helping underwriters determine the risk for providing insurance to a client. Graduates from any degree discipline can become underwriters, although some employers prefer a qualification in accounting, finance, economics, law, management or business studies.

Create your own professional looking resume for free using our resume builder! Organizational and time-management skills are a must to maximize productivity.

junior underwriter job description

They need analytical skills to solve complex problems and evaluate clients' information. Career progression is possible by promotion into senior underwriting positions or through specialisation or management. According to Investopedia.

Qualifications and training required There are routes into an insurance underwriting career for both university graduates and school leavers.

Underwriting assistant career path

Bureau of Labor Statistics. References 5. In , , people were employed in the U. Insurance underwriting assistants must have good communication skills and must interact with upper management on a regular basis. Assess mail, correspondence, records and reports to choose processing matters. In , , people were employed in the U. Healthcare Job Descriptions Life is full of risks that can cost sufferers thousands or even millions of dollars. A variety of letters such as cancellation letters must also be typed by the underwriting assistant, according to Travel Guard. They must be highly detail-oriented in order to spot problems with files. Professional Skills In this field, good communication and technical skills are very important. According to Travel Guard, those assistants who have more experience with insurance policies and terminology will be the most likely to be hired. Relevant experience gained via vacation work and placements can be beneficial.

Coordinate with Underwriting areas to research and resolve to escalated Underwriting issues. The majority of insurance companies operate graduate recruitment schemes, which can be a route into underwriting — for these early applications to major employers are advisable.

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Underwriting Assistant Jobs, Employment