Underwriter Assistant Cover Letter

Please consider me for the underwriter assistant opportunity. I am including my resume that lists my qualifications and experience.

In my previous role, I was responsible for ongoing business unit training for underwriters, analysts and team leaders to maintain full adherence to, and compliance with, all credit policies, procedures, operations and regulations.

Please consider my experience and qualifications for this position:

• Demonstrate resilience, especially in the face of adversity
• Relevant experience of underwriting
• Support the development of cross class business opportunities
• Participate in the review and analysis of the portfolio to identify progress towards business plan
• Positively promote the department, division and company as a whole, in order to maximise brand leverage
• Risk Management or related disciplines preferred
• Mathematics Profiency
• Knowledge of equine insurance policy forms and regulatory requirements is preferred

In response to your job posting for underwriter assistant, I am including this letter and my resume for your review.

Previously, I was responsible for information, guidance, and advice to team members on administrative processes, policies and regulations.

Please consider my experience and qualifications for this position:

• A solutions and service orientation
• Proven experience of Crisis Management Insurance experience, including Kidnap & Ransom (K&R), Crisis Response, Piracy Insurance or similar
• Previous experience of acting in an underwriting support or technical insurance capacity is highly beneficial
• Insurance experience in underwriting and/or brokerage support with excess & surplus lines/transporation preferred
• Interest in continued education and professional development to obtain full underwriting authority
• Proven experience of Directors & Officers (D&O), Professional Indemnity (PI) and/or Financial Institutions (FI) insurance
• Drafting credit submissions for either credit committee review or team sign-off, including the detailed analysis of financial and non-financial information to underwrite both new surety facilities and monitoring the existing portfolio to maintain effective risk control
• Assist the underwriting team to maintain relationships with key stakeholders such as brokers, clients and prospects by accurately handling general enquiries, requests and new bond issuances in a timely manner

I submit this application to express my sincere interest in the underwriter assistant position.

In my previous role, I was responsible for support in maintaining the operation in reference with the environmental systems in accordance with all applicable regulations and policies.

Please consider my experience and qualifications for this position:

• Negotiating rates, terms and conditions for existing and new business
• Contribute to the aggregate management and peer review processes to encourage and develop excellence
• Good knowledge of legal and regulatory requirements (specific reference to PRA/ FCA / Lloyd’s regulation)
• Rating tool set up, including requesting missing information from client when necessary, utilizing internet search when necessary for further risk details, creating/ manipulating spreadsheets and pivot tables when necessary to format data
• Assists in the planning and reporting process including data gathering and data entry
• Track record and delivery of personal development and growth in previous role
• Be technologically savvy and data drive
• Help the team to achieve Major Risks Casualty budget

I submit this application to express my sincere interest in the underwriter assistant position.

In the previous role, I was responsible for information to Rating and to Processing that is needed to issue policies and endorsements on a timely basis.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Celebrating success is a second nature
• Have a logical approach to complex data
• Accurate and exceptional attention to detail
• Ensure the team’s awareness of the business plan and it’s context, to be able to make decisions appropriately
• Contribute to the development of the team’s business plan in order to maximise productivity and performance
• Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
• Establish and strengthen strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence and achieve business objectives
• Experience gained within Fleet or Motor insurance market

In response to your job posting for underwriter assistant, I am including this letter and my resume for your review.

In my previous role, I was responsible for comprehensive information on contracts, enrollments, renewal processes, program termination and sales to coordinate sales and renewal administration of insurance programs for clients.

Please consider my experience and qualifications for this position:

• Enthusiastic, Self motivated with Initiative and Drive
• Maintains strong academic success
• Consistent track record of developing and maintaining excellent working relationships with key clients and brokers, whilst maintaining a high level of service
• Experience in cultivating & building positive relationships
• Confidence in terms of pricing techniques including both books rated calculations and a burning cost approach
• ACII qualified or working towards achieving qualified status
• Proven experience of Accident & Health Insurance – preferably gained in the Lloyd’s insurance market
• A)negotiating rates, terms and conditions for existing and new business