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Assistant Underwriter
2 months ago
Job Title: Assistant Underwriter
Position Type: Long term Contract
Location: : Broomfield, CO Hybrid
Skills: Insurance, Underwriting, logging and scanning incoming mail
Job Description
Helps enter new business applications, initiate renewal application processes, process term letters and distribute applications to support the underwriting process.
Reviews correspondences, records, and reports on select routine matters for processing to ensure the team remains compliant.
Assists in running pre-defined statistical reports on new business and renewal applications processed to inform underwriter managers on the current business.
Processes and scans documents for record and files them electronically to ensure easy access for review of appropriate underwriting documents.
Helps prepare monthly renewal and anniversary reports for managers to determine new and existing business opportunities.
Maintains the procedure manual to help team to determine rate classifications and assigns rates to pending applications
Must have:
Proficiency in entering and managing data accurately using relevant software tools and systems.
Understanding of underwriting processes and regulatory requirements to ensure all procedures are followed.