Underwriting Associate Jobs
By RBC Insurance At Mississauga, Ontario, Canada
Implementing an up-to-date system to maintain and document regulatory requirements, industry best practices, trends and business requirements.
Mentoring and guiding less experienced underwriters in handling underwriting issues; developing and delivering corresponding training according to departmental needs.
Providing solutions and support for large and complex underwriting risk evaluation processes in a given line of business.

Are you looking for an exciting opportunity to join a dynamic team of underwriters? We are looking for an Underwriting Associate to join our team and help us provide outstanding service to our clients. You will have the chance to work with a variety of clients and products, and use your expertise to help them make informed decisions. If you are passionate about underwriting and have a strong attention to detail, we want to hear from you!

Overview:

Underwriting Associates are responsible for assessing and evaluating risk for insurance companies. They review applications for insurance coverage and determine whether to accept or reject the risk. They also assess the amount of premium to be charged for the coverage.

Detailed Job Description:

Underwriting Associates are responsible for evaluating and assessing risk for insurance companies. They review applications for insurance coverage and determine whether to accept or reject the risk. They also assess the amount of premium to be charged for the coverage. They analyze financial information, such as credit reports, income statements, and balance sheets, to determine the risk associated with the applicant. They also review medical records and other information to assess the risk of the applicant. They must be able to make decisions quickly and accurately.

What is Underwriting Associate Job Skills Required?

• Analytical and problem-solving skills
• Attention to detail
• Excellent communication skills
• Knowledge of insurance regulations and laws
• Knowledge of financial analysis
• Ability to make decisions quickly and accurately

What is Underwriting Associate Job Qualifications?

• Bachelor’s degree in finance, economics, or a related field
• Previous experience in underwriting or insurance
• Professional certification in underwriting or insurance

What is Underwriting Associate Job Knowledge?

• Knowledge of insurance regulations and laws
• Knowledge of financial analysis
• Knowledge of risk assessment

What is Underwriting Associate Job Experience?

• Previous experience in underwriting or insurance

What is Underwriting Associate Job Responsibilities?

• Review applications for insurance coverage
• Analyze financial information to determine the risk associated with the applicant
• Review medical records and other information to assess the risk of the applicant
• Determine whether to accept or reject the risk
• Assess the amount of premium to be charged for the coverage
• Make decisions quickly and accurately