Underwriting technician vs commercial underwriter

Differences between underwriting technician and commercial 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.

Commercial underwriter example responsibilities.

• Handle new and renewal multi-line policies.
• Quoted new business and handle multi-line commercial accounts for this retailer.
• Front office administration; maintain A/R and A/P for 1000+ commercial lines clients and 2000+ personal lines clients.
• Market banking services to individuals, as well as to small businesses and corporations through networking and cross-selling.
• Update loan origination systems to ensure that pipeline reports reflect the most current status for active loan in process.
• Work along with the owner and accounting staff on all financial matters, A/R, A/P, payroll, and taxes.
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