The assistant underwriter assists the lead underwriter in assessing customers' eligibility for products such as mortgages, insurance, and credit. They may work in a variety of fields, such as bank underwriting, insurance underwriting, and real estate underwriting. In all fields, assistant underwriters must cultivate good relationships with clients and be able to obtain client information quickly and accurately. They must be able to accurately assess risks while remaining within their organization's regulations and relevant laws. Assistant underwriters typically work as a subordinate to an underwriter and work in an office environment during regular business hours, although travel may occasionally be required for risk assessment.
Underwriting Assistant Tasks
Prepare and distribute correspondence and documentation to facilitate underwriting.
Collect documentation and files and deliver information to appropriate parties.
Communicate and coordinate with all involved parties to complete underwriting process.
Obtain, process, and evaluate screening materials for underwriting process.