MRSGM NA Underwriting Assistant Surety TEMP Job Details | Munich Re Careers
Munich Re Specialty Group North America is seeking a Temporary Underwriting Assistant in their Schaumburg, IL office. The role involves processing documents, financial analysis, and supporting bond renewal underwriting activities.
Responsibilities
- Processing of LC and GIA Documents; Contact with Financial Institutions where necessary
- Input, Scanning, Filing and Processing of all documents received
- Quarterly rating updates for LC’s using IDC and S&P information
- Daily and Monthly Reconciliation of Collateral Records utilizing Excel and proprietary software
- Processing bond terminations and related system documentation
- Retrieving, formatting, and distributing monthly Renewal Reports
- Custom Bond Renewal Underwriting
- Financial analysis and spreadsheet support
Skills
- 1-2 years of experience in accounting, finance or business related - or -
- Associates Degree in accounting, finance or general business
- No initial Underwriting Authority given; subject to change based on training and performance with max level authority no more than $500M
- Attention to detail
- Ability to monitor and meet deadlines
- Effective oral and written communication
- Ability to take direction and prioritize
- Beginning/moderate level Excel
- Beginning/moderate level Word
Company Overview