Assistant I - Underwriting
Parraway Recruitment Services
Broomfield, colorado
Job Details
Contract
Full Job Description
Job Summary
- Helps enter new business applications, initiate renewal application processes, process term letters and distribute applications to support the underwriting process.
- Reviews correspondences, records, and reports on select routine matters for processing to ensure the team remains compliant.
- Assists in running pre-defined statistical reports on new business and renewal applications processed to inform underwriter managers on the current business.
- Processes and scans documents for record and files them electronically to ensure easy access for review of appropriate underwriting documents.
- Helps prepare monthly renewal and anniversary reports for managers to determine new and existing business opportunities.
Maintains the procedure manual to help team to determine rate classifications and assigns rates to pending applications.
Requirements
- Proficiency in entering and managing data accurately using relevant software tools and systems.
- Understanding of underwriting processes and regulatory requirements to ensure all procedures are followed.
- Familiarity with Microsoft Office Suite (Excel, Word, etc.) and experience with document management systems.