I found out that I enjoyed this type of work and when I read what a mortgage underwriter job description was, thought I would apply for the job. Since I had a college education and had already been working in the field, I was hired on as an underwriter. Being an assistant before this really gave me a good idea of the overall process.
They may work in a variety of fields, such as bank underwriting, insurance underwriting, and real estate underwriting. In all fields, assistant underwriters must cultivate good relationships with clients and be able to obtain client information quickly and accurately.
They must be able to accurately assess risks while remaining within their organization's regulations and relevant laws.
Assistant underwriters typically work as a subordinate to an underwriter and work in an office environment during regular business hours, although travel may occasionally be required for risk assessment.
Employers typically prefer at least five years of relevant experience for this position; many also prefer knowledge of the particular type of underwriting performed at the hiring organization. An associate's degree in economics, finance, or a related field is generally required, with a bachelor's degree preferred.
Assistant underwriters should have extensive knowledge in the financial and credit industries, as well as regulations and laws related to banking, investment, and insurance.
Additionally, they must be well organized, pay close attention to detail, skilled at multitasking, and efficient. Assist in the development and monitoring of premium rates. Assist business development of new business opportunities with sales and marketing efforts.
Enter, review and maintain accurate records of new policies and renewals.Job Description for Underwriting Assistant The assistant underwriter assists the lead underwriter in assessing customers' eligibility for products such as mortgages, insurance, and credit.
Jan 06, · I was employed at a bank as an underwriting assistant for several months before being promoted. I found out that I enjoyed this type of work and when I read what a mortgage underwriter job description was, thought I would apply for the job.
Since I had a college education and had already been working in the field, I was hired on as an underwriter. Insurance Underwriter. Holland Code. Thinking. Persuading. Organizing.
Median Pay. $69, Job Growth-5%. Job Family. Business and Financial. Similar Jobs. Actuary. Budget Analyst. Job opportunities should be best for those with a background in finance, and strong computer and communication skills. The Underwriting Assistant will be responsible for all policy transaction processing and technical support functions for the property underwriting unit Be the first to see new Underwriting Assistant jobs.
My email: Also get an email with jobs recommended just for me. Company with Underwriting Assistant jobs. The minimum educational requirements for an insurance underwriting assistant is a high school diploma or GED.
Insurance underwriting assistants must have good communication skills and must interact with upper management on a regular basis. Job description for Underwriting Assistant. Including requirements, responsibilities, statistics, industries, similar jobs and job openings for Underwriting Assistant.