Underwriter Assistant Resume Sample
Adell Considine
3295 Stark Shore,
Boston,
MA
+1 (555) 863 3575
Work Experience
Underwriter Assistant
05/2015
-
PRESENT
Philadelphia, PA
- Request appraisal support where requested by Underwriter (AVM’s, desk reviews, etc.)
- Assist Underwriters with loan files via logging conditions, running the Automated Underwriting System (AUS), submitting to PMI, etc
- Examine and analyze loan conditions; determine if Underwriter oversight is required and clear conditions accordingly
- Review credit reports, and income and asset documents to ensure compliance with stated guidelines
- Answer incoming phone calls and communicate any relevant information with branch personnel
- Read and respond to routine department emails
- Review and purge old files as needed
- Maintain an adequate inventory of office supplies, ordering more when necessary
Underwriter Assistant
08/2010
-
03/2015
Phoenix, AZ
- Complete facultative cession slips (Reinsurance) and code facultative reinsurance
- Calculate RP/AP endorsements based on account rate/underwriting instructions (AP=Additional Premium/RP=Return Premium)
- Determine pro-rata/short rate factors (method of calculating premiums on a short term basis rather than annual)
- Format RMS Import template for modeling and send RMS requests to appropriate parties (RMS=Risk Modeling--it helps us determine pricing and exposures when there is catastrophe insurance involved--hurricane, flood earthquake, terrorism)
- Order inspections and send out recommendation letters to producers and follow up
- Issue NONR/cancellations & reinstatements in accordance with underwriting and statutory (NONR=Notice of Non-Renewal)
- Work with accounting/AP when finance company cancellations/reinstatements occur
- Follow up with facultative markets for certs/endorsements
Underwriter Assistant
08/2006
-
05/2010
Los Angeles, CA
- Organize, track and log all incoming files into department database
- Interact with Operations and Production staff to give status updates on files submitted to Underwriting
- Generate reports detailing Underwriting turnaround time and productivity numbers
- Coordinate with other Underwriting Assistants to balance work load between the 2 Underwriting locations
- Create queries and run ad hoc reports from the department database
- Sort and send outgoing files/mail
- Excellent clerical and administrative skills including spelling, grammatical, and proofreading abilities
- Perform all pre-quote work required by underwriting; i.e. risk meter, ISO, M&S, Web Research, D&B, Mapping (all ancillary resources)
Education
John Brown University
2001 - 2005
School's Degree in Business
Professional Skills
- Strong organizational skills; time management
- Strong verbal and written skills to communicate with underwriter and brokers
- Experience prioritizing workflows to manage work under pressure and within tight time constraints
- Prior business administrative experience in a team support role
- Accounting, banking or real estate related work experience
- Experience supporting Property, GL, Inland Marine, Auto and Umbrella lines of Commercial Underwriting
- Direct supervision required, depending on experience
How to write Underwriter Assistant Resume
Underwriter Assistant role is responsible for insurance, microsoft, software, administrative, underwriting, basic, modeling, research, compensation, credit.
To write great resume for underwriter assistant job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Underwriter Assistant Resume
The section contact information is important in your underwriter assistant resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Underwriter Assistant Resume
The section work experience is an essential part of your underwriter assistant resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous underwriter assistant responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular underwriter assistant position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Underwriter Assistant resume experience can include:
- Excellent analytical, critical thinking, time management and organizational capabilities with a strong customer service focus while building solid relationships
- Computer literate; strong Microsoft Office skills
- An ability to prioritise tasks in order to meet deadlines
- Evidence of the ability to deliver clear verbal and written communications
- Excellent business sense and judgment
- Related experience (insurance, financial institutions, or business office environment), ideally within workers compensation line of business
Education on an Underwriter Assistant Resume
Make sure to make education a priority on your underwriter assistant resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your underwriter assistant experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Underwriter Assistant Resume
When listing skills on your underwriter assistant resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical underwriter assistant skills:
- Strong insurance systems and PC software skills (ImageRight, WINS, Microsoft Office suite (Word, Excel, Access, Adobe, Power Point)
- Exceptional clerical and administrative skills
- Highly motivated, self-starting individuals that possess a strong work ethic and desire to learn
- Experience in standard underwriting practices and procedures
- Strong ability to assess risk within underwriting guidelines
- Assist Underwriters in daily needs based on workload and priority
List of Typical Skills For an Underwriter Assistant Resume
1
Skills For Underwriter Assistant Resume
- Reconciling and analyzing customer monthly billing reports
- Monitoring email correspondence and other administrative tasks to expedite the underwriting process
- Assist with the preparation of the underwriting package for the team
- Assist Underwriters in contacting agents when additional information is needed
- Able to perform tasks according to established procedures, with some ability to exercise discretion
- Adapt quickly and easily to new conditions and requirements, externally in the market or internally within a changing Organization
- Obtain bids, engage, and manage the delivery of third party reports from vendors such as appraisers, surveyors, and engineers
2
Skills For Underwriter Assistant Resume
- Coordinate the flow of information between teams
- Obtain credit information of loan participants
- Learn to prepare and process various types of application exhibits and checklists for the different product types in compliance with regulatory agencies and according to FHA/HUD, Freddie/Fannie and internal portfolio guidelines
- Process renewal transactions after the Underwriters evaluate and review the risk
- Prepare the renewals for policy issuance
- Maintain diary for all requests from agents
3
Skills For Underwriter Assistant Resume
- Process all requests received from the agents and Underwriters accurately and timely
- Handle customer service and telephone calls for Underwriters and department
- Monitor all reports to ensure the timely correction of all policy issues
- Uses judgment to identify and solve day to day problems in straightforward situations
- Basic knowledge of general insurance and underlying legal principles and practices, especially London Market / Lloyd’s and Industry databases e.g. MID (Motor Insurance Database)
- Team player, but willing to and capable of working autonomously within guidelines
4
Skills For Underwriter Assistant Resume
- Multi-task, including working in a time-sensitive environment driven by expiration dates
- Comfortable contributing as a member of a team
- An understanding of real estate valuation techniques and financial statements
- Limited judgment required; generally follows pre-defined processes and guidelines, escalating more complex issues for advice and resolution
- In an administrative or project coordination role
- Interact with and assist underwriters, agents and brokers
- Knowledge of departmental regulations and policies
5
Skills For Underwriter Assistant Resume
- Takes initiative with a ‘can do’ attitude
- Multi-task and focus on detail
- Interact with individuals at all levels, inside and outside of the company
- Take constructive suggestions and use in future scenarios
- Multitask and function in a fast paced environment
- Self motivated team player with the ability to work on tasks with limited supervision
- Pull data from online sites
- Reviews reports from loss control consultants and other information to determine if application is acceptable for the program(s) available
- Evaluate the loss potential due to catastrophe, severity, and/or frequency
6
Skills For Underwriter Assistant Resume
- Utilizes knowledge of automated systems to develop information for new or renewal policies
- Prepares quotations for agents and answers questions from agents, policyholder, or prospects
- Assists agents with comments or questions about applications and the likelihood of acceptance by the company
- Reviews requests for cancellation, endorsements, etc
- Reviews, researches and responds to inquiries from regulatory bodies
- Provide support to Underwriter(s) and/or Sr. Underwriter(s) analyzing and managing new and renewal workers compensation applicants, including risk selection and classification
7
Skills For Underwriter Assistant Resume
- Fulfill agents’ requests for certificates of insurance issuance, loss runs, copies of policies, copies of invoicing, etc
- Set up submissions in Artex and/or carrier systems
- Research and analysis to identify, gather and organize information to provide recommendations to Underwriter and/or Sr. Underwriter
- Policy Administration: Accurate, timely policy and endorsement requests; responses to bureau inquiries/criticisms
- Strong professional communication, both verbally and in writing, with internal and external stakeholders, including insurance agents, insurance carriers, and insured customer risk management teams
- Support of general questions regarding renewal status, policy issuance, endorsement status, cancellation status, and billing inquires, commission questions, etc.)
8
Skills For Underwriter Assistant Resume
- Support underwriters with new business and renewals, and providing quotations in a timely and professional manner within agreed underwriting parameters and service standards
- Entering information in to the underwriting systems (Pricing, Destiny IR, ReDoc)
- Managing the pre-renewal process
- Responding to Underwriter and Broker enquiries in a timely and professional manner
- Working toward relevant insurance qualifications (desirable)
- Conducting pre-underwriting for renewals, handling endorsements on active business, conducting specific analyses for new business, and following up on renewals
9
Skills For Underwriter Assistant Resume
- Develop and share knowledge of broker processes and procedures to strengthen our service delivery
- Work collaboratively with our GSSC partners, Credit Control and Claims teams to achieve team objectives
- Ownership of and involvement in team projects as required
- Utilizes excel spreadsheets
- A hunger for team success
10
Skills For Underwriter Assistant Resume
- Underwriting under guidance (within limits); preparing individual cases for pricing and modelling, liaising with Actuaries to deliver technical pricing to Underwriter; using modelling systems to aid the underwriting process; conducting research as requested by Underwriter
- Assist the business group in maintaining and developing their book of business while developing the necessary skill sets and defined authority to accept risk in underwriting of a profitable account
- Possess Excel skills
- Attending internal and external meetings with clients and brokers
Related to Underwriter Assistant Resume Samples
Assistant Underwriter Resume Sample
Work Experience
• Works alongside our compliance group to ensure the Underwriting desk’s day-to-day operations are compliant with all procedures Baird’s compliance department has put in place
• Assists Underwriters in communicating with Fixed Income personnel, including Institutional traders and salespeople with reg...
Professional Skills
• Strong negotiation skills Excellent interp...
• Excellent communication skills, analytical...
• Strong Communication: Excellent verbal and...
Business Underwriter Resume Sample
Work Experience
• Perform in accordance to the bank’s efficiency standards
• Effective time management in meeting the bank’s efficiency standards
• Stand 10-15% of workday
• Sit 85-90% of workday
• Use computer keyboard, typewriter, 10-key, and oth...
Professional Skills
• Experience in credit administration, loan ...
• Experience in credit administration, loan ...
• Four to five years of experience in credit...
Consumer Underwriter Resume Sample
Work Experience
• Ensures sound lending decisions on consumer direct loan applications in accordance with the Bank’s Loan Policies or within defined lending limits
• Maintains knowledge of all bank policies and compliance regulations as they relate to consumer direct Loan Officer’s function
• ...
Professional Skills
• Critical thinking skills Excellent custome...
• Strong analytical skills including ability...
• Excellent PC skills, including Word and Ex...
Director, Assurance Resume Sample
Work Experience
• National Professional Services
• ASM and T, inclusive of Chief Auditor Network, Learning and Development, Aura and ATP, Risk Management, SEC Services, and Accounting Services Group
• Audit Transformation Program, including Aura and GADM
• Regulatory Rel...
Professional Skills
• Strong problem solving and risk assessment...
• Extensive progressive technology experienc...
• Experience in Internal Audit Leadership is...
Financial Services Insurance Resume Sample
Work Experience
• Demonstrate the ability to lead and manage fieldwork on client’s sites including liaising with other departments to ensure the smooth delivery of the Audit process
• Identify areas requiring improvement in the client’s business processes and possible recommendations and prepare and deliver Manageme...
Professional Skills
• A strong understanding of the key drivers ...
• A well-established point of view on how da...
• An established professional network of dec...
Associate, Assurance Resume Sample
Work Experience
• Ensures the accuracy and efficiency of complaint documentation from the initial receipt of a product complaint and opening of a complaint file to the closure of the file for disposable medical devices and capital equipment for both domestic and international customers
• Maintains customer focus thr...
Professional Skills
• Proven experience in working within large ...
• Demonstrating a strong work ethic and deli...
• MS Excel 2010 ( skilled with the use of MS...