Underwriting technician vs bond underwriter

Differences between underwriting technician and bond underwriter duties and responsibilities

Underwriting technician example responsibilities.

• Generate business leads by promoting AIG's products and servicing.
• Assist underwriters in expediting new business, processing endorsements and/or modifying existing policies while achieving broker relationships.
• Work directly with independent agents and BCBS marketing department to analyze information and make eligibility decisions with strict timelines.
• Order and code clues and MVRs for renewing umbrella policies.
• Train staff members on the MMS system.
• Evaluate new and renewal submissions as delegated by underwriters for prescribe criteria and clearance into AS400 invoicing system.

Bond underwriter example responsibilities.

• Manage AUS findings and analyze approvals and results accordingly.
• Analyze construction companies for contract surety bond credit; conduct financial analysis of corporate financial statements.
• Work closely with multiple insurance agents on underwriting fidelity bonds.
• Obtain information from clients and underwrite and execute bonds as attorney-in-fact.
• Determine desirability of surety accounts through review and financial analysis by working with agents and clients.
• Review individual mortgage origination/post origination documentation and perform database research.
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