An underwriting assistant assists business individuals or teams in the preparation of documents processing paperwork, performing clerical duties, and assisting business individuals or teams in the preparation of documents. These are typically legally binding documents, such as insurance policies or mortgage loans. In most cases, an underwriting assistant reports to an underwriter, but supervisory titles vary industry. An assistant may be responsible for duties ranging from customer service to clerical tasks to document control, depending on the size of the organization where he works.
A major task of the underwriting assisting job is handling printed copies and being able to organize them. Client communications, records tracking, and specification changes will all be kept up to date an underwriting associate. He’ll also be in charge of and coordinate the filing of documentation related to policies and other legal documents. Customers will be contacted again to ensure accurate records, and the underwriting assistant will most likely be asked general questions about written and electronic forms, procedures, and practices. If the company has clients in different parts of the country, an underwriting assistant will most likely accompany the team to assist with the collection and storage of paperwork and computerized documents.
Many aspects of this job will be computerized as technology advances. This assistant will use technology such as a computer or a handheld device to conduct Internet research, run reports detailing sales, account management, and operations information, and file documentation. He might use a computer tracking system to keep track of the organization’s paperwork, and in some cases, he might even direct training for others on how to use it.
The underwriting assistant may be responsible for additional tasks depending on the industry in which he works, and achieving goals may necessitate prior experience. He could be in charge of reviewing, comprehending, and disseminating current policies and laws. The underwriting assistant will most likely record, store, and forward information about his company’s business practices. He could use this data to assist him in preparing documentation for government agencies, internal company departments, and third parties.
This type of assistant’s typical day might include going to customer sites, working on a computer, and managing paperwork. He’ll probably spend the majority of the day filling out paperwork, filing, and conversing with others in meetings or over the phone. Much of the documentation work can be done alone; however, some job positions in this field may require a significant amount of time spent working in groups.