Our Underwriting Assistant job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Underwriting Assistant role
An underwriting assistant is responsible for providing administrative and technical support to underwriters in the insurance industry. This may include data entry, processing applications, managing client files, and communicating with clients. They also assist in evaluating risk and determining appropriate insurance policies. Strong organizational and communication skills are essential for this position.
Role Purpose
The purpose of an underwriting assistant is to provide administrative and technical support to underwriters in the insurance industry. This includes reviewing and analyzing policy applications, gathering and verifying information, and preparing reports and documents. The underwriting assistant also assists with the evaluation of risk and makes recommendations to underwriters on the acceptance or rejection of insurance applications. Additionally, the underwriting assistant may help with customer service tasks, such as responding to inquiries and providing policy information to clients. The overall goal of the underwriting assistant is to help ensure the efficient and accurate processing of insurance policies.
Underwriting Assistant Summary
An Underwriting Assistant is responsible for providing administrative support to the underwriting team, which includes reviewing and processing insurance applications, conducting research, and communicating with clients. They also assist with data entry, file maintenance, and other clerical tasks. The ideal candidate for this role is highly organized, detail-oriented, and has a strong understanding of insurance principles and procedures. They must also possess excellent communication and customer service skills.
Underwriting Assistant Duties
- Assisting underwriters with various tasks such as reviewing insurance policies, gathering and verifying information, and preparing documents.
- Communicating with clients and insurance agents through phone and email to provide support and answer questions.
- Maintaining accurate records and files, including policy changes and updates.
- Assisting with risk assessments and analyzing data to determine appropriate insurance coverage.
- Collaborating with other team members to ensure efficient and timely completion of tasks.
- Keeping up-to-date with industry regulations and changes in insurance policies and procedures.
Underwriting Assistant Skills
- Excellent organizational and time-management skills
- Strong attention to detail
- Familiarity with insurance industry terminology and processes
- Proficient in Microsoft Office and other relevant software
- Ability to work independently and in a team environment
Underwriting Assistant Requirements
- The underwriting assistant must have a strong attention to detail and be able to work independently. They should possess excellent organizational and time management skills. A background in finance or insurance is preferred.
Personal Traits
- detail-oriented
- organized
- efficient
- analytical
- strong communication skills