So what it looked like from the descriptions of the different underwriting assistant jobs was that the more general job description the more you were apt to fall in the thirty something thousand a year range. Additionally, they must be well organized, pay close attention to detail, skilled at multitasking, and efficient.
Assistant underwriters should have extensive knowledge in the financial and credit industries, as well as regulations and laws related to banking, investment, and insurance. Being that this person holds this much responsibility with seemingly important details it makes me wonder how much a underwriting assistant makes a year Assist business development of new business opportunities with sales and marketing efforts.
As underwriters, we had underwriting assistants who made our job much easier and more efficient. Our assistants would make sure each of the files were current and up to date with all the correct paperwork before they made it to our desk.
They may work in a variety of fields, such as bank underwriting, insurance underwriting, and real estate underwriting. John57 Post 5 Several years ago I worked in an insurance underwriting job as a medical underwriter.
This was for a major insurance company for long term health care coverage. Personally, I think some legal or finance background would give you an edge in this field. Employers typically prefer at least five years of relevant experience for this position; many also prefer knowledge of the particular type of underwriting performed at the hiring organization.
I think this was beneficial for me once I became an underwriter. Assistant underwriters typically work as a subordinate to an underwriter and work in an office environment during regular business hours, although travel may occasionally be required for risk assessment.
There is nothing quite like experience to teach you important lessons, and I learned many of these as an assistant, that helped me be a confident underwriter.
Sinbad Post 1 Although this job does not seem to entail much creative thinking in coming up with new and inventive ideas; it seems to entail much responsibility in the opposite realm of details. In all fields, assistant underwriters must cultivate good relationships with clients and be able to obtain client information quickly and accurately.
I found out that I enjoyed this type of work and when I read what a mortgage underwriter job description was, thought I would apply for the job.
I think automation will reduce the job prospects for underwriting assistants in the long run. If you miss something important, you may wind up with a customer who defaults on a loan. Being an assistant before this really gave me a good idea of the overall process.
Since I had a college education and had already been working in the field, I was hired on as an underwriter. As underwriters, we could have done all this paperwork ourselves, but our time was more productive when we had reliable underwriting assistants.Underwriting Assistant jobs and careers on totaljobs.
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New Underwriting Assistant jobs added daily. Company with Underwriting Assistant jobs NSM Insurance Group NSM has been developing, implementing, marketing & underwriting industry-specific insurance programs for niche markets for 25 years.
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