Assistant Underwriter Cover Letter Examples

What to Include in a Assistant Underwriter Cover Letter?

Roles And Responsibilities

An Assistant Underwriters provides assistance and clerical support to underwriters who determine whether clients qualify for insurance policies, loans, or other financial services. His responsibility includes reviewing applications for insurance, analyzing risks, and deciding whether the company will offer coverage for the same.

Communicate with customers to get information to complete screening and transactions.
Compile data and conduct routine tasks to support Underwriters.
Assess mail, correspondence, records, and reports to choose processing matters.
Direct risky issues outside designated authority level to Underwriter for approval.
Create requisitions for credit and Safety and Health reports.
Screen renewals and refer problem accounts to Underwriters.
Set up and input new business, renewals, and reinstatements through a manual online EDP system.

Education & Skills

Additionally, the cover letter for Assistant Underwriter should mention the following skillset:

Analytical skills.
Mathematical and statistics skills.
Good judgment.
Negotiation and interpersonal skills.
Attention to detail.
Verbal and written communication skills.
IT skills.

Successful cover letters for Assistant Underwriter often mention the following qualifications and skills:

A degree in Business Administration with relevant work experience.

Assistant Underwriter Cover Letter Example (Text Version)

Dear Mr./Ms.,

This Letter is regarding my interest in applying for the post of Assistant Underwriter at your Company. I am an Accounting professional with over four years of experience in the field of financial management. My qualifications and work experience align perfectly with the expertise you are seeking. I am confident that I can play a vital part in the company’s growth trajectory.

[XXX Company] is held in high regard for its business-centric approach, paying close attention to customers. The structural and methodical way of handling finances has the whole industry in awe. It has set the standards of business very high. I am certain that being a part of your company will help me advance my skills and upgrade them to greater lengths.

In my current role as the Assistant Underwriter at [YYY Company], I perform the following tasks and duties:

Update intra-company accounting databases and spreadsheets.
Processed and inspected improvements for the policies being moved within the companies established by the business channel.
Handled and closed policy ratings every week with zero errors.
Handled underwriting submission analysis for new and renewal business applications and forms
Calculating premiums for insurance policies to maximize company profit
Monitored, maintained, and cataloged all underwriting email correspondences and official company documents.

From a strong knowledge of business strategies and financial documents to analyzing and conducting research, my experience has prepared me to excel in this role. I believe that your Company will provide me an excellent platform to upgrade my skills and abilities.

Thank you for your time and consideration.

Sincerely,
[Your Name]

Tips

An ideal Assistant Underwriter Cover Letter should highlight career achievements and expertise. Customize the cover letter according to the company you are applying for and always research about the Company and the recruiting manager /hiring assistant in advance. Improve your chances of getting your dream job by creating a good resume using our Assistant Underwriter Resume Sample.