Underwriting Technical Assistant
$54.25k - $58.24kDormont Manufacturing Co
Underwriting Technical Assistant page is loaded Underwriting Technical Assistant Apply locations Bellevue - Washington - 130th Ave NE time type Full time posted on Posted 5 Days Ago job requisition id JR25-2995 Position Summary The Underwriting Associate is responsible for supporting the underwriter in the decision-making process by assessing and analyzing underwriting applications and forms. The role reviews applicant information, evaluates risk factors, and ensures compliance with underwriting guidelines. They collaborate with various departments to gather necessary information, conduct data analysis, and contribute to the overall risk assessment process. What will your job entail? Job Responsibilities:
- Performs a combination of duties in accordance with departmental guidelines.
- Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management.
- Review submission information with the underwriter including analysis of account information.
- Coordinate the quoting, binding, and issuance process.
- Research and apply appropriate rates, coverages, and policy forms.
- Issue notices of cancellation, nonrenewal notices, or reinstatements.
- Develop and maintain superior relationships with underwriters, producers, brokers, and reinsurers.
- Maintain accurate file documentation in accordance with company guidelines.
- Develops and maintains agency and/or broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business.
- Responsible for special underwriting projects and other duties as assigned.
- Bachelor’s degree required, Business Administration, Risk Management preferred. Any other related discipline or commensurate work experience considered.
- 1+ year related experience or in a similar role.
- Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.
- Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures.
- Prescribed: Minimum requirements for state P&C and/or surplus line licenses
- Preferred: Associate in Insurance Services (AIS)
- Underwriting Principles
- Insurance Regulations
- Analytical
- Risk Evaluation
- Guidance Adherence
- Collaboration
- Documentation
- Marketing
- Portfolio Management
- Policy language
- Data Analysis
- Problem Solving
- Interpersonal
- Negotiation
- Presenting
- Relationship Building
- Project Management
- Time Management
- Event Marketing
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