What are the responsibilities and job description for the Underwriting Assistant position at IDC Management, LLC?
Underwriting Assistant
KNOXVILLE, TN
$20 ‒ $24 Hourly
Job Summary
Eastern Underwriting Managers is a multi-line MGA/Wholesaler insurance broker seeking a detail-oriented and analytical Assistant Underwriter to join our dynamic team. The ideal candidate will support the underwriting process by evaluating commercial insurance policies, assessing risk, and ensuring compliance with company policies and regulatory requirements. This role is essential in facilitating sound lending decisions and maintaining the integrity of our portfolio management.
Who we are: https://easternunderwritingmanagers.com/specialty-programs/
Responsibilities
- Assist in the underwriting process by reviewing applications and supporting documentation.
- Conduct analysis to evaluate client's business needs
- Collaborate with underwriters to assess risk factors associated with insurance policies
- Utilize quantitative analysis techniques to analyze financial data and trends.
- Support fraud prevention detection efforts by identifying potential red flags in applications.
- Negotiate terms and conditions with clients, ensuring alignment with company policies.
- Maintain accurate records of underwriting decisions and communicate findings to relevant stakeholders.
- Stay updated on industry trends, regulations, and best practices in financial services and technical accounting.
Requirements
- Bachelor’s degree in finance, business administration, or a related field is preferred.
- Experience in underwriting or related fields such as portfolio management or credit analysis is a plus.
- Strong analytical skills with the ability to interpret complex financial data.
- Proficiency in technical accounting principles and practices.
- Excellent communication skills for effective negotiation and collaboration with clients and team members.
- Familiarity with insurance servicing processes is advantageous.
- Ability to work independently as well as part of a team in a fast-paced environment.
Join us as an Assistant Underwriter where you can contribute to our commitment to excellence in financial services while developing your career in a supportive environment!
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Ability to Relocate:
- Knoxville, TN 37919: Relocate before starting work (Required)
Work Location: In person
#PM25
Compensation details: 20-24 Hourly Wage
Salary : $20 - $24