An Associate Underwriter is responsible for accepting or rejecting the borrower’s loan application. Also, Collaborates with the sales and brokerage departments to obtain the necessary documentation of the client. They are also responsible for Screening and evaluating new applications based on preset criteria. They also negotiate prices with borrowers to resolve issues over interest rates, loan amounts, repayment schedules, and loan terms by investigating a client’s medical and claim history before approving the application.
Dear Mr. /Ms.[Hiring Manager name],
I am very excited to apply for the position of Associate Underwriting at XYZ Insurance Company. I’m sure I have the knowledge, skill, and persistence required to be successful in this position. I have been working for five years in the Insurance sector. I have developed several skills and improved my knowledge of insurance systems.
My primary duties involve examining applications, evaluating risks, and advising senior management on whether to accept or reject them. Additionally, I collaborate with agents to help them understand our company’s policies and standards and to help them deliver better customer service. Also, my experience has taught me the capability to assess risks using probability and statistics. I am confident in my ability to evaluate risk and make good decisions since I have a thorough knowledge of the insurance process.
Some of my core accomplishments –
- Checking out if the loan complies with requirements for approval, reviewing, and analyzing the loan files.
- Verify the reliability of property valuations by analyzing them.
- Evaluate the borrower’s creditworthiness, order and study credit reports.
- Knowledge of effectively investigating and resolving technical issues under time pressures.
- Establishing and maintaining excellent connections with brokers, agents, and clients.
- Maintained and updated a database of active policies and policyholders.
My passion for assisting others is what matters most. I take great delight in my ability to help my clients understand their insurance coverage and offer good customer service. Additionally, I’m a strong communicator with a track record of getting along with others.
I am sure that my skills and experience will benefit your company. I’m eager to lend my abilities and experience to service delivery so I can support your team. I’m excited to go into more depth about the role and my qualifications.
Thank you for your time and consideration.
Sincerely,
[Your name]
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