What are the responsibilities and job description for the Underwriting Assistant position at SafeLease?
We are seeking a detail-oriented and highly organized Underwriting Assistant to support our underwriting team. The ideal candidate will assist underwriters in evaluating risks, processing applications, and maintaining accurate documentation. This role requires strong analytical skills, excellent communication, and the ability to work in a fast-paced environment.
\n- Assist underwriters in gathering and reviewing information for insurance applications.
- Conduct preliminary risk assessments and ensure all required documents are complete.
- Enter and update underwriting data into internal systems with accuracy.
- Communicate with brokers, agents, and clients to obtain additional information as needed.
- Prepare underwriting reports, summaries, and correspondence.
- Ensure compliance with company policies, guidelines, and regulatory requirements.
- Support the underwriting team in reviewing and analyzing policy documents, loss runs, and other relevant materials.
- Assist with policy issuance, endorsements, and renewals.
- Maintain accurate records and ensure efficient file management.
- Monitor and track policy renewals, cancellations, and expirations.
- Research and verify applicant information using internal and external resources.
- Coordinate with internal teams, including claims, finance, and compliance, to support underwriting decisions.
- Help identify process improvements to enhance underwriting efficiency.
- Bachelor’s degree preferred, but prior insurance experience will be considered.
- Previous experience in underwriting, insurance, or administrative/operations support is a plus.
- Strong problem-solving and critical-thinking skills.
- Proficiency in Microsoft Word, Excel, and insurance-related software.
- Excellent communication and interpersonal skills.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
- High attention to detail and strong organizational skills.
- Familiarity with underwriting principles and insurance policies (preferred).
- Ability to analyze data and identify trends that may impact underwriting decisions.
