Underwriting Supervisor oversees activities of the underwriting department. Provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Being an Underwriting Supervisor analyzes various rate plans utilizing a company's claims history to determine the appropriate rate plan and benefits costs. Must be familiar with regulations at the federal, state and local level. Additionally, Underwriting Supervisor typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Working team member that may validate or coordinate the work of others on a support team. Suggests improvements to process, is a knowledge resource for other team members. Has no authority for staff actions. Generally has a minimum of 2 years experience as an individual contributor. Thorough knowledge of the team processes. (Copyright 2024 Salary.com)
Overview:
We are seeking a detail-oriented and analytical Assistant Underwriter to join our team. As an Assistant Underwriter, you will play a crucial role in supporting the underwriting process by collecting and analyzing data, assessing risk, and assisting with loan origination. This is an excellent opportunity for someone looking to develop their skills in the financial industry.
Job Purpose: This primary responsibility for the Personal Lines Underwriting Assistant is to assist & work with Underwriters so they can analyze, appraise, determine acceptable risks for business. They also assist the Underwriter in determining coverage and premiums that are both adequate and competitive.
Key Responsibilities:
· Assists in the analyzing of exposure based on risk, collects underwriting information when needed.
· Reviews coverage forms when appropriate and acts as an insurance resource for assigned Underwriters.
· Participates on a team consisting of underwriting, claims, risk evaluation and accounting.
· Works with Staff ensure quote and policy information is entered correctly into the system.
· Works on special projects as needed, including the testing, and analyzing of the data in our policy processing system.
· Maintain written procedures for various job functions.
· Ensure security, integrity and confidentiality of data.
· Other duties as assigned
Knowledge, Skills and Abilities:
· Strong analytical skills and the ability to pay attention to details.
· Ability to work independently and to carry out assignments to completion.
· Good oral and written communication skills required.
· Strong interpersonal skills.
· Ability to become familiar with and demonstrate an understanding of underwriting resource material.
· Proficient in MS Office Products.
Education and Experience Required:
· Entry level position – willing to train the right individual.
Location: Office position – Jamestown ND.
Job Type: Full-time
Benefits:
Schedule:
Work Location: In person