DB Insurance is seeking a proactive and detail-oriented Underwriting Operations Assistant to contribute to building an efficient and effective underwriting structure. As part of our underwriting team, they will be responsible for underwriting monitoring, implementing guideline updates, utilizing external services, and supporting reinsurance operations.
Responsibilities
- Underwriting Guideline Monitoring
- Manage treaty reinsurance operations (data reporting, commission settlements, etc.)
- Prepare reinsurance renewal materials (risk profiles, renewal book, etc.)
- External Service Integration
- Evaluate external services for underwriting (e.g., natural catastrophe modeling firms, satellite imagery providers)
- Manage contracts and operations with external service providers
- Utilize external data for loss ratio analysis
Skills
- Bachelor's degree in insurance, risk management, or a related field
- Basic understanding of or genuine interest in the insurance industry
- Strong numerical aptitude with the ability to analyze data, perform accurate calculations, and support data-driven decision-making
- Exceptional attention to detail and commitment to producing accurate and high-quality work
- Excellent communication skills, with the ability to present complex information in an understandable manner
- Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
- Ability to work collaboratively within a team and independently when required
Benefits
- Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
- Paid time off and sick leave
- 13 annual paid holidays
- 401(k) plan with up to 4% company match
- Flexible Spending Account (FSA) & Dependent Care FSA
- Quarterly Fringe Benefit reimbursements
- Job-related training reimbursement
- Casual dress code
Company Overview
- Established in March 1962 as the first auto insurance company in South Korea, DB Insurance has grown into a leading provider of differentiated non-life insurance products and services. It was founded in 1962, and is headquartered in Honolulu, Hawaii, USA, with a workforce of 51-200 employees. Its website is http://www.dbinsus.com.