Worldwide recruitment company

Underwriting Assistant

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Position

Underwriting Assistant

About Our Client

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Job Summary

• Our client is seeking a detail-oriented and proactive Underwriting Assistant to support our underwriting team in policy management, premium processing, reinsurance placements, and administrative tasks. This role requires strong attention to detail to ensure all data entry, reports, and policy documents meet underwriting standards and regulatory requirements.
• This position provides valuable hands-on experience in both direct underwriting and reinsurance operations, making it ideal for individuals with 2-5 years of insurance or underwriting support experience who are looking to further develop their careers.
• This role follows a hybrid work model, allowing for a combination of remote work and in-office collaboration.
• Proficiency in Korean is a plus, as this position may involve communication with Korean-speaking brokers, reinsurers, and internal teams.

Job Description

• Policy & Premium Processing:
• -Assist with Cargo monthly premium processing, ensuring proper data entry and documentation.
• -Generate loss runs and underwriting reports for internal and external use.
• -Perform system rating and assist with rate calculations as needed.
• -Assist in preparing quote proposals, endorsements, and policy documents with careful review.
• -Support underwriting for manually rated accounts by maintaining organized and complete
• documentation.
• -Assist with state filings and regulatory documentation to ensure compliance.
• Reinsurance Placement & Support:
• -Gather necessary data and documentation to support reinsurance placements.
• -Work closely with brokers and reinsurers to facilitate policy structuring and risk assessment.
• -Maintain and update reinsurance records, ensuring compliance with company policies and industry
• standards.
• -Support underwriting in renewal negotiations and reinsurance reporting, verifying all terms and
• figures.
• Administrative & Underwriting Support:
• -Oversee monthly closing tasks, ensuring completeness and timely submission.
• -Maintain and organize underwriting records, policy documents, and reinsurance agreements
• systematically.
• -Coordinate with brokers and internal teams for policy issuance and documentation, ensuring
• efficiency.
• -Assist with expense tracking and reporting, reviewing details before submission.

Qualifications

• -Bachelor’s degree in Business, Finance, Risk Management, or a related field (preferred).
• -2-5 years of experience in underwriting, insurance, or reinsurance support.
• -Familiarity with policy documentation, premium calculations, and regulatory filings.
• -Fluent in Korean (preferred) ? ability to communicate with Korean-speaking brokers, reinsurers,
• and internal teams.
• -Strong organizational and analytical skills with a keen eye for detail.
• -Proficiency in Microsoft Office (Excel, Word, Outlook) and underwriting systems.
• -Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

What's On Offer

Apply online or feel free to contact us directly for more information about the opportunity. Due to the high volume of applicant, we regret to inform that only shortlisted candidates will be notified. Thank you for your understanding.


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