Salary by Region Inaverage salaries for underwriting assistants varied significantly within certain U. Other key qualifications include an attention to detail and analytical, decision-making, communication, customer service and math skills. Moreover, underwriting assistants, as underwriters, may find more job opportunities in the health care industry.
Some underwriter assistants work in a fast-paced atmosphere, especially for large insurance companies. Professional Skills In this field, good communication and technical skills are very important. Since underwriter assistants work closely with underwriters and insurance agents, they should be comfortable working in a team environment.
They learn common insurance applications and various risk factors.
Main Responsibilities Underwriter assistants provide support underwriting assistant job description uk weather underwriters and independent agents. These professionals usually work for insurance and benefits companies, or local government agencies. Depending on the size of the company, some underwriter assistants may work in an office focusing on particular types of insurance, such as commercial or life insurance.
However, they may work overtime, especially to assist underwriters with analyzing a large number of insurance applications. An underwriting assistant may also qualify for a job by getting certified as an Associate in Consumer Underwriting or Associate in Personal Insurance through the Insurance Institute of America.
However, you can stand out from the crowd by getting experience working in the insurance and underwriting field. It does forecast job opportunities for insurance underwriters, which will only grow 6 percent in the next decade -- slower than average compared to most occupations.
Depending on the size of the company, underwriter assistants may ensure that policy transactions such as renewals or quotes are issued and changes are recorded correctly.
In, people were employed in the U. A high school education can suffice in this job, but the candidate must usually have two or more years of industry experience.
These professionals may also earn more in certain industries. More insurance underwriters and their assistants are using automated software, which negatively impacts demand for their services. Contributing Factors Underwriting assistants usually earn higher salaries as they gain experience.
They may qualify for higher-paying jobs once they have two to five years of experience assisting underwriters. Bureau of Labor Statistics. Working Environment Underwriter assistants work for a variety of employers including insurance companies, brokerage firms and businesses.
Under the guidance of underwriters and supervisors, they may analyze applications and screen applicants based on certain criteria. Underwriter assistants also must be detail-oriented, especially when helping underwriters determine the risk for providing insurance to a client.
They tend to work full-time hours in an office environment. Underwriting assistants also must have knowledge about rating systems and working with different types of insurances, such as auto and health.
Bureau of Labor Statistics. In, people were employed in the U. They may answer questions concerning a policy status or billing error on behalf of an underwriter or agent. Underwriter assistants must be comfortable using computer software programs to determine whether to approve or deny an applicant for insurance coverage.
All employees and self-employed workers must be insured in because of federal regulation, which should produce more jobs for underwriting assistants. An Underwriting assistant may also earn more working for local government. Work Experience Many underwriter assistants get their feet wet through training programs offered through companies and insurance associations, such as the Insurance Institute of America.
These are the requirements of underwriters -- a position in which many assistants will eventually get promoted.
They hire underwriting assistants to help them analyze information on insurance applications, screen clients based on company criteria, and evaluate recommendations with underwriting computer software.Find Assistant Underwriter jobs in Pollokshields on Jobsite.
Browse 4 Assistant Underwriter vacancies live right now in Pollokshields. Find Assistant Underwriter jobs in Stirlingshire on Jobsite. Browse 2 Assistant Underwriter vacancies live right now in Stirlingshire Our client has offices throughout the UK and has been established for more than 30 years with an untarnished reputation for providing a range of first class insurance products.
Description The successful. 2 Job Description for an Insurance Underwriter's Assistant; The BLS doesn't report job trends for underwriting assistants. It does forecast job opportunities for insurance underwriters, which will only grow 6 percent in the next decade -- slower than average compared to most occupations.
More insurance underwriters and their assistants are. Apply to Assistant Underwriter jobs now hiring on ultimedescente.com, the world's largest job site. Find & apply online for the latest Underwriting Assistant jobs with ultimedescente.com, Job Title: Underwriting Assistant - Liability Description: This well-established Insurance Syndicate based in the City are seeking a competent and experienced Underwriting Assistant to join their Liability underwriting team.
You will be required to support the. If you are looking for a position in the insurance field, consider becoming an underwriter assistant. According to ultimedescente.com, underwriters begin their careers as underwriter assistants performing a variety of tasks, such as collecting information on clients seeking insurance.
Job Description of an Underwriter. Types of Skills.Download