Some of their tasks are gathering customer data, screening applications, verifying policy transactions, and sending quote letters. The most successful resume samples emphasize strong technical skills, computer competencies, problem-solving skills, attention to details, deadline orientation and customer service abilities. Candidates to this job are not necessarily required too much formal education, but a degree in finance or a related field is common experience in Underwriter Assistant resumes.
I found out that I enjoyed this type of work and when I read what a mortgage underwriter job description was, thought I would apply for the job. Since I had a college education and had already been working in the field, I was hired on as an underwriter.
Being an assistant before this really gave me a good idea of the overall process.
I think this was beneficial for me once I became an underwriter. There is nothing quite like experience to teach you important lessons, and I learned many of these as an assistant, that helped me be a confident underwriter.
John57 Post 5 Several years ago I mortgage underwriting assistant job description in an insurance underwriting job as a medical underwriter. This was for a major insurance company for long term health care coverage. As underwriters, we had underwriting assistants who made our job much easier and more efficient.
Our assistants would make sure each of the files were current and up to date with all the correct paperwork before they made it to our desk. If the application was incomplete or there weren't enough medical records to make a decision, they would make sure all of this was taken care of for us.
Once the file got to me as an underwriter, all I had to do was review the application and medical records and make a decision according to the current standards and guidelines.
As underwriters, we could have done all this paperwork ourselves, but our time was more productive when we had reliable underwriting assistants. Computers are better able to raise red flags when it comes to policy changes and perhaps items in an individual's background that would make them an undue risk for an insurance company.
I think automation will reduce the job prospects for underwriting assistants in the long run. The underwriter will make the final decision, of course, but the assistant will provide information that helps the underwriter make that determination.
So in the case of insurance, the determination of what your premium will be, how much you will be covered for, and even if you qualify will be based on the information provided by the assistant.
I agree that if you were going into this field, you would need to pay close attention to details; a lot rides on your recommendation. If you miss something important, you may wind up with a customer who defaults on a loan. Personally, I think some legal or finance background would give you an edge in this field.
My husband; however, is looking for a job and I thought this one would suit him well. What I found was that these salaries really have quite the range from mid thirties a year to a six-figure salary. So what it looked like from the descriptions of the different underwriting assistant jobs was that the more general job description the more you were apt to fall in the thirty something thousand a year range.
This salary is not bad by any means but it is lower than the United States' national salary average. Sinbad Post 1 Although this job does not seem to entail much creative thinking in coming up with new and inventive ideas; it seems to entail much responsibility in the opposite realm of details.
This person has to be on top of those details, which I think may be tougher to do when you are handling someone else's work, as I am sure mistakes are easier to catch when you are intimately familiar with the work.Search for Mortgage Underwriting Assistant jobs at Monster.
Browse our collection of Mortgage Underwriting Assistant job listings, including openings in . Mortgage Underwriting Assistant jobs available on alphabetnyc.com Apply to Assistant Underwriter, Production Assistant, Loan Assistant and more! Skip to Job Postings, Search Close.
Find Jobs Company Job Type. Full-time () Commission (6) Part-time (4) Location. If you are looking for a position in the insurance field, consider becoming an underwriter assistant.
According to alphabetnyc.com, underwriters begin their careers as underwriter assistants performing a variety of tasks, such as collecting information on . Mortgage Underwriter Job Description. The duties of mortgage underwriters carry huge responsibilities in financial industry.
If you are aspiring to become a mortgage underwriter, it is essential to know some of the salient features on this particular career. What is a mortgage underwriter? The mortgage underwriter is responsible in approving or disapproving loan application in mortgage.
Loan Underwriters. Loan underwriters, or loan officers, evaluate applications for loans and make decisions regarding whether to approve an applicant for financing. A loan underwriter will meet with loan applicants to discuss personal and financial information material to the decision-making process.
Aug 02, · These documents are usually of a binding and legal nature, such as insurance policies or mortgage loans. An underwriting assistant usually reports to an underwriter, but supervisory titles can vary from industry to industry.