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Underwriting Assistant

Employer
Assurant
Location
Chicago, Illinois
Salary
Not Specified
Closing date
Oct 20, 2019

View more

Category
Operations
Job Type
Not Specified
Career Level
Not Specified

Job Details

Assurant is hiring for an Underwriter Assistant!

The Underwriter Assistant is responsible for drafting and distributing proposal document for existing clients using standard base rates with minor modifications which includes interpreting and evaluating risk submissions, developing rates and documenting underwriting assumptions. Underwriter is also responsible for developing, implementing and monitoring new and existing products. Underwriter will develop and deliver products that are priced to drive profitable growth and designed to attract sales.

Key Duties:

  • Draft and distribute proposal document for existing clients using standard base rates with minor modifications which includes interpreting and evaluating risk submissions, developing rates and documenting underwriting assumptions.
  • Review and modify customer forms.
  • Review and modify rate and rule manuals.
  • Prepare product implementation system specification packages.
  • Monitor changes or trends from underwriting assumptions and identify corrective action.
  • Review claim/contract exceptions and proposal documents within authority guidelines.
  • Provide assistance to other underwriting team members.

Basic Qualifications:

  • Bachelor’s degree or equivalent

Preferred Qualifications:

  • 2 years or less overall professional experience
  • Bachelor’s degree in Insurance, Finance, Economics, Statistics, Risk Management or Mathematics

Knowledge, Skills and Abilities:

  • Basic in MS Office Applications (Excel / PowerPoint / Word / Outlook / SharePoint
  • Dedicated and driven individual with a track record of recent accomplishments
  • A high degree of motivation and a self-starting attitude with a desire to thrive on new challenges and to take on additional responsibilities
  • Ability to work in a fast paced, entrepreneurial, and challenging work environment
  • Ability to work independently or on a team with high level of direct supervision and prioritize own work to meet tight deadlines with high sense of urgency
  • Comfortable in multiple-project oriented environment
  • Inquisitive nature and ability to seek out information
  • Genuine intellectual curiosity regarding Insurance
  • Demonstrate competent analytical skills
  • Ability to synthesize large, complex sets of information and integrate into meaningful reports, recommendations, and presentations
  • Demonstrate developing verbal/written communication and interpersonal skill
  • Demonstrate developing organizational skills

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Company

At Assurant, we protect, connect and support major consumer purchases ... like homes, cars, appliances, and phones ... in partnership with industry-leading brands.

The brands people trust ... trust Assurant.

We help our clients connect and protect over 300 million consumers around the world.

We have 125 years of experience, 14,000 employees and operate in 21 countries.

Our unwavering purpose

We protect what matters most.

Our uncompromising values

Common sense, common decency, uncommon thinking and uncommon results guide the way we support our customers and work with each other. guide the way we support our customers and work with one another.

COMMON SENSE

We seek simple, straightforward solutions that keep life running smoothly for the clients and consumers we serve.

COMMON DECENCY

We act with integrity. We treat others with respect, courtesy, and kindness. We’re honest, transparent and committed to doing the right thing.

UNCOMMON THINKING

We're never satisfied with the status quo. We seek diverse perspectives and thrive on challenge. We believe there's always a way to build upon our successes.

COMMON RESULTS

We focus on actionable solutions that deliver measurable results. We approach each challenge with a sense of urgency, striving to exceed every expectation.

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