Underwriting Assistant

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Written by AI from the job title and company, not by Falcon Risk Services, so some details may not match this job. The employer's own page has the real description.

Job Overview

The Underwriting Assistant at Falcon Risk Services will play a pivotal role in supporting the underwriting team by managing and processing insurance applications, conducting risk assessments, and assisting with various administrative tasks. The ideal candidate will demonstrate strong analytical skills and attention to detail, ensuring that policies are prepared accurately and compliant with industry standards. This position offers an excellent opportunity for career growth within the insurance sector while contributing to the efficiency and accuracy of underwriting operations.

Job Responsibilities

• Assist underwriters in evaluating risk factors for insurance applications by gathering relevant information and documentation.
• Prepare and maintain underwriting files, ensuring all necessary forms are completed accurately and retained in compliance with legal requirements.
• Conduct preliminary reviews of applications and assist in the pricing of policies based on established guidelines.
• Communicate with clients and agents to obtain additional information or clarification regarding applications.
• Utilize underwriting software to input data and generate reports for analysis and decision-making.
• Provide administrative support by scheduling meetings, managing correspondence, and other office functions as required.

Qualifications

• Bachelor’s degree in Finance, Business Administration, or a related field.
• 1-2 years of experience in an insurance company or similar financial services role is preferred.
• Strong analytical and numerical skills, with an ability to interpret data and make sound judgments.
• Excellent organizational abilities and attention to detail.
• Proficient in Microsoft Office Suite, particularly Excel and Word.
• Rudimentary knowledge of insurance principles and practices is an advantage.

Technologies & Tools

The Underwriting Assistant will primarily work with underwriting management software, Microsoft Suite applications, and various databases. Familiarity with risk assessment tools and insurance policy management systems will be beneficial to streamline workflows and enhance the underwriting process.

Ideal Candidates

The ideal candidate for the Underwriting Assistant position at Falcon Risk Services will possess a proactive approach to problem-solving and a strong commitment to delivering exceptional service. They will be characterized by their ability to work collaboratively in a team environment while being capable of handling multiple tasks efficiently. A keen interest in the insurance industry and a passion for developing a career in underwriting will complement their professional qualifications.