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Underwriting assistant skills for your resume and career

Updated January 8, 2025
3 min read
Below we've compiled a list of the most critical underwriting assistant skills. We ranked the top skills for underwriting assistants based on the percentage of resumes they appeared on. For example, 14.5% of underwriting assistant resumes contained insurance policies as a skill. Continue reading to find out what skills an underwriting assistant needs to be successful in the workplace.

15 underwriting assistant skills for your resume and career

1. Insurance Policies

Here's how underwriting assistants use insurance policies:
  • Reviewed commercial insurance policies for renewal with Underwriter, including verifying accuracy of application and identifying appropriate renewal procedure.
  • Assisted underwriters with ordering medical records and closing insurance policies that were declined after review by underwriting department.

2. Data Entry

Data entry means entering data into a company's system with the help of a keyboard. A person responsible for entering data may also be asked to verify the authenticity of the data being entered. A person doing data entry must pay great attention to tiny details.

Here's how underwriting assistants use data entry:
  • Perform data entry of computerized policy formats to generate certificates of insurance, endorsements, policies and other insurance documents.
  • Perform data entry of insurance application including verification of information provided and compliance to state requirements.

3. Loss Runs

A document that documents the history of claims made against a commercial insurance policy is called a loss run. It is comparable to a credit report and it includes information involving the date of the claim, a description of the event and the amount paid. Normally, a loss run will record five years of claim history.

Here's how underwriting assistants use loss runs:
  • Solicited renewals and ordered loss runs and experience modifier worksheets.
  • Corresponded with accounting department with regard to premium remittance issues & with claims department regarding loss runs with current set reserves.

4. Strong Analytical

Here's how underwriting assistants use strong analytical:
  • Developed broker and reinsurance relationships to gain strong analytical skills and attention to detail.
  • State Farm was a high volume, fast paced environment that required me to be a strong analytical thinker !

5. Insurance Applications

Here's how underwriting assistants use insurance applications:
  • Examine correspondence from retail agent such as original insurance applications and other company documents to determine if an endorsement is needed.
  • Screened New Life Insurance applications for accuracy and completeness, identified any missing information or unacceptable forms.

6. Underwriting Process

Here's how underwriting assistants use underwriting process:
  • Provide administrative support to multiple underwriters, including monitoring email correspondence, and completing administrative tasks to expedite the underwriting process.
  • Performed preliminary property submission data analysis (including industry, exposure and loss information) and rule-based underwriting processing tasks.

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7. Professional Customer Service

Here's how underwriting assistants use professional customer service:
  • Provide timely and professional customer service to broker to facilitate the processing of renewal accounts.
  • Provide timely and professional customer service to internal and external contacts.

8. Underwriting Support

Here's how underwriting assistants use underwriting support:
  • Performed a key variety of administrative tasks and technical underwriting support for senior level executives and underwriting associates.
  • Make underwriting support decisions within limited authority concerning new business, renewals, endorsements and cancellations.

9. Assist Underwriters

Here's how underwriting assistants use assist underwriters:
  • Assist underwriters through process improvement and maintaining an understanding of commercial insurance industry standards, regulatory requirements and Axis client needs.
  • Conducted financial statement analyses to assist underwriters in providing risk assessment of bonding program and recommended premium rate to agents.

10. Inspection Reports

An inspection report is a written document provided after a thorough evaluation of a specific procedure/ process.

Here's how underwriting assistants use inspection reports:
  • Logged incoming homeowners and automobile new business applications, ordered inspection reports, and made referrals on potential high-risk policyholders.
  • Analyzed commercial property inspection reports; verified property information, building valuation and noted liability hazards.

11. Loss Control

Loss control is a set of measures taken by a financial expert or organization to reduce insurance policy losses. A financial expert will assess and analyze a property for signs of damage and develop loss control measures to mitigate potential risks. The aim of loss control is risk management and saving company assets from future losses.

Here's how underwriting assistants use loss control:
  • Maintained proper file documentation by ordering loss control inspections, motor vehicle records and reinsurance certificates.
  • Analyzed loss history/loss control for recommendations prior to renewal for Underwriters.

12. General Liability

Here's how underwriting assistants use general liability:
  • Experience in underwriting and brokering commercial property, general liability, umbrella/excess, inland marine, professional liability and homeowners risks.
  • Processed variety of insurance documents relative to Commercial Automobile, Property, General Liability, Workers Compensation and Excess Policies.

13. Underwriting Guidelines

Underwriting guidelines are a set of rules and requirements an insurer provides to its agents and underwriters. The underwriter then uses these instructions to judge the prospective insured, whether to accept, modify or reject it. These guidelines help the insurers set the criteria for the customer and let them know the amount of money that should be offered to the client, or whether not to offer an insurance policy in the first place.

Here's how underwriting assistants use underwriting guidelines:
  • Manage evaluation, rating, and renewal of business in accordance with underwriting guidelines and effectively communicate underwriting decisions to agents.
  • Assisted the senior underwriters by collecting information concerning the applicants and evaluated them based on the standard underwriting guidelines.

14. ISO

Here's how underwriting assistants use iso:
  • Pulled ISO rates and developed rating for Middle Market and Programs: property, liability, automobile and workers' compensation.
  • Ordered and screened reports such as Dun & Bradstreet, ISO rates, Building Underwriting Reports and Motor Vehicle Records.

15. Issue Policies

Here's how underwriting assistants use issue policies:
  • Core Competencies include ability to set up underwriting files, rate incoming accounts & issue policies through the premium system.
  • Prepare premium and loss exhibits of a more complicated nature and issue policies through applicable systems, including booking premium.
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List of underwriting assistant skills to add to your resume

Underwriting assistant skills

The most important skills for an underwriting assistant resume and required skills for an underwriting assistant to have include:

  • Insurance Policies
  • Data Entry
  • Loss Runs
  • Strong Analytical
  • Insurance Applications
  • Underwriting Process
  • Professional Customer Service
  • Underwriting Support
  • Assist Underwriters
  • Inspection Reports
  • Loss Control
  • General Liability
  • Underwriting Guidelines
  • ISO
  • Issue Policies
  • Commercial Property
  • Business Policies
  • Customer Inquiries
  • Process Endorsements
  • Risk Analysis
  • Policy Changes
  • Renewal Quotes
  • Policy Transactions
  • Underwriter Review
  • Motor Vehicle
  • Business Applications
  • Financial Statements
  • Clerical Support
  • Mvrs
  • Credit Reports
  • Loss History
  • Policy Endorsements
  • Computer System
  • Insurance Carriers
  • FHA
  • Coverage Forms
  • AS400
  • Annuities
  • Travel Arrangements
  • Pricing Strategy
  • Policy Holders
  • Various Management
  • Imageright
  • Delphi
  • Bradstreet
  • Credit Checks

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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