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Underwriting Assistant

Apply Location Chicago, Illinois Requisition Number R-89578

Assurant has an exciting opportunity for an Underwriter Assistant!

Underwriter is responsible for drafting and distributing proposal document for standard requests which includes interpreting and evaluating risk submissions, developing rates and documenting underwriting assumptions.  Underwriter is also responsible for developing, implementing and monitoring new and existing products.  Underwriter will develop and deliver products that are priced to drive profitable growth, and designed to attract sales. 

This individual will work remotely temporarily due to COVID-19

Job Responsibilities 

  • Draft and distribute proposal document for standard requests which includes interpreting and evaluating risk submissions, developing rates and documenting underwriting assumptions.

  • Review and modify customer forms and respond to simple Department of Insurance objections.

  • Review and modify rate and rule manuals and respond to simple Department of Insurance objections.

  • Prepare product implementation system specification packages.

  • Monitor changes or trends from underwriting assumptions and recommend corrective action.

  • Review claim/contract exceptions and proposal documents within authority guidelines.

  • Train, lead and provide guidance to other underwriting team members.

Qualifications:

  • Bachelor’s degree or equivalent

  • 2 years overall professional experience

  • Intermediate in MS Office Applications (Excel / PowerPoint / Word / Outlook / SharePoint)

  • Basic Product Knowledge 

  • Ability to delegate simple tasks to other members of the Department

  • Ability to synthesize large, complex sets of information and integrate into meaningful reports, recommendations, and presentations

  • Strong verbal/written communication and interpersonal skills

Preferred Qualifications:

  • 1 year of pricing, insurance, or warranty experience

  • 2 years or more overall professional experience

  • Bachelor’s degree in Insurance, Finance, Economics, Statistics, Risk Management or Mathematics

  • CPCU, ARM, AU or ARe designations

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Ignacio D. - Senior Operations Analyst

Whether I'm working with people in Argentina or Chile or Miami, we all feel like we're part of the same company. And within my own group, we share ideas and analyze as a team - and drive for change, for improvements. We'll show each other how we do things and lend advice.

I also enjoy the focus on work-life balance - in the workplace, we're offered exercise classes or stretching classes with a trainer, for example. I've had the flexibility to take classes and training. And, we have the opportunity to give back to the community through events held throughout the year.