We are seeking a detail-oriented and analytical Underwriting Associate to join our team. As an Underwriting Associate, you will provide essential support to the underwriting team, assisting with the evaluation and assessment of risks associated with insurance applications. Your primary responsibilities will include reviewing applications, analyzing data, and preparing underwriting reports. Your role will be crucial in ensuring accurate risk assessment and aiding in the decision-making process to mitigate potential losses.

Responsibilities:

• Review insurance applications and supporting documents to ensure accuracy and completeness.
• Analyze data and utilize underwriting software and databases to assess the level of risk associated with insurance applications.
• Conduct research to gather relevant information and data on potential risks.
• Prepare detailed underwriting reports and documentation, highlighting key findings and recommendations for underwriters.
• Assist underwriters in evaluating risk factors, potential exposures, and estimating potential losses.
• Collaborate with insurance agents or brokers to gather additional information or clarify requirements as needed.
• Maintain accurate and organized underwriting files and records for reference and audit purposes.
• Stay updated on industry trends, regulations, and changes affecting underwriting practices.
• Provide support in reviewing and implementing underwriting guidelines and policies.
• Assist in the development and improvement of underwriting processes and procedures to enhance efficiency and accuracy.