Find Jobs
Find Jobs Near You – Available Work in Your Location
Qualifications
Career Insights for Underwriting Assistant
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on Georgia data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
An Underwriting Assistant assists insurance underwriters with administrative tasks and managing documents for insurance files, applications and claims. Assists with research, customer service, or compiling information for business or regulatory reports.
$50,595 / year median in Georgia
Job Description
Experienced Underwriting Assistant to support the Westfield Specialty Insurance Excess Casualty Team. Reviews individual accounts for exposure identification and acceptability of risk in accordance with company guidelines and standards. Sets up new business, renewal business applications for quoting, coordinates timely quote turnaround and reviews quote for accuracy. Supports renewals by ordering and analyzing reports, gathering information, and providing a checklist of what the underwriter needs to address at renewal. Coordinates renewal file information with the appropriate renewal underwriters and examiners. Verifies and validates data accuracy on submitted applications and documents, such as applicant information, policy information, and financial documents, to ensure that all required data is complete and accurate. Collaborates with the underwriting team to develop risk assessment strategies and protocols, which may include conducting market research, analyzing historical data, and identifying emerging risks. Prepares reports and presentations on underwriting processes, trends, and metrics for management and clients, which may include analyzing data and presenting findings in a clear and concise manner. Assists in the review and development of policy language and coverage requirements, analyzes market trends and identifies potential risks and opportunities. Facilitates communication between underwriters, brokers, agents, and policyholders to resolve issues and ensure timely processing of applications. Maintains and updates underwriting databases and systems to ensure data accuracy and accessibility, which may involve troubleshooting and resolving technical issues. Maintains an operating knowledge of Westfield Group standardized hardware, software programs, third-party software (MS Office), and processing procedures. Supports special projects and initiatives related to underwriting process improvement and automation, helps provide training and support to new underwriting assistants that are hired. Keeps current on issues and regulations, industry activity and trends, internal processes, and procedures, and shares this information with team members. Qualifications Experience Requirements Minimum of 2-5 years of experience in Insurance Underwriting Required. High School Diploma or General Education Diploma (GED) and/or commensurate work experience. Technical Skills Knowledge Of Underwriting Systems and Tools Insurance Industry Knowledge Business Acumen Insurance Regulatory Compliance Customer Service Management Underwriting Operations Insurance Policies Agency Management Stakeholder Management Information Systems Show more [object Object] Share