Find & Apply For Underwriting Assistant Jobs In Your Location
Underwriting Assistant jobs involve supporting underwriters by processing insurance applications, analyzing data, and preparing reports. Responsibilities may include verifying information, communicating with clients, and assisting with policy endorsements. Strong attention to detail, organizational skills, and proficiency in computer software are typically required for this role. Below you can find different Underwriting Assistant positions in and around your location.
Industry Trends & Salary Expectations
An Underwriting Assistant plays a crucial role in the insurance industry by supporting underwriters in assessing risks and determining coverage. - Entry-level Underwriting Assistant salaries range from $30,000 to $40,000 per year - Mid-career Underwriting Analyst salaries range from $40,000 to $60,000 per year - Senior Underwriting Specialist salaries range from $60,000 to $80,000 per year The role of the Underwriting Assistant can be traced back to the early days of insurance, where individuals were tasked with assessing risks and setting premiums to protect against financial loss. As the insurance industry has evolved, so too has the role of the Underwriting Assistant. Advances in technology have streamlined the underwriting process, allowing for quicker and more accurate risk assessments. Current trends in underwriting include the use of data analytics and machine learning to improve risk assessment, as well as a growing emphasis on underwriting for emerging risks such as cyber liability and climate change. These trends highlight the importance of the Underwriting Assistant in helping insurance companies navigate an ever-changing and complex risk landscape.
