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Underwriting Support Analyst – Full-Time

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🏢 Career.zycto📍 Westend, Frankfurt am Main💼 Full-Time💻 On-site🏭 Financial Services, Insurance💰 €45,000 - €55,000 per year

About Company

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Career.zycto cultivates an environment where precision and analytical thinking thrive, making it the ideal setting for an Underwriting Support Analyst. We are a dynamic firm dedicated to fostering talent within the financial services sector, offering unparalleled opportunities for growth and skill development. Join a team celebrated for its collaborative spirit and commitment to excellence, where your contributions will directly support critical decision-making processes. Career.zycto ensures a vital role in our strategic risk assessment, valuing meticulous attention to detail. We provide a clear path for professional advancement in a vibrant, international setting, empowering our professionals to make a tangible impact.

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Job Description

This role requires a blend of meticulous data management, analytical support, and effective communication. The Underwriting Support Analyst at Career.zycto plays a pivotal role in ensuring the smooth and efficient operation of our underwriting processes, directly contributing to our risk assessment capabilities and overall business success. Based in our modern Westend, Frankfurt am Main office, you will be an integral part of a dynamic team, supporting our experienced underwriters in evaluating complex applications and maintaining high standards of data integrity.

You will be responsible for the initial review and processing of insurance applications, gathering and verifying essential documentation, and accurately inputting data into our proprietary systems. This involves a keen eye for detail to identify discrepancies and ensure all necessary information is present and correct before it reaches the underwriters. Your daily tasks will also include generating reports, performing preliminary risk assessments based on established guidelines, and assisting in the preparation of proposals and policy documents. This position offers a unique opportunity to gain in-depth knowledge of the financial services and insurance industry, working alongside seasoned professionals.

Effective communication is key in this role, as you will frequently liaise with underwriters, brokers, and clients to obtain clarification, follow up on outstanding information, and address inquiries. You will act as a crucial link, ensuring seamless information flow and contributing to a positive client experience. We are looking for an individual who is proactive, highly organized, and possesses a strong analytical mindset, capable of managing multiple priorities in a fast-paced environment. Career.zycto is committed to your professional development, providing comprehensive training and opportunities to expand your expertise in risk management and financial analysis. If you are eager to apply your analytical skills in a supportive, growth-oriented atmosphere and are looking to make a significant impact in a leading firm, we encourage you to apply. We foster a culture of continuous learning and collaboration, where your insights are valued, and your career progression is actively supported.

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Key Responsibilities

  • Conduct initial review and processing of insurance applications, ensuring completeness and accuracy.
  • Verify and gather essential documentation required for underwriting assessment.
  • Accurately input and maintain data in proprietary underwriting systems and databases.
  • Assist underwriters by performing preliminary risk assessments based on established guidelines.
  • Generate reports on application status, underwriting metrics, and other relevant data.
  • Liaise with underwriters, brokers, and clients to obtain missing information and clarify details.
  • Support the preparation of proposals, policy documents, and related correspondence.
  • Ensure compliance with internal policies, regulatory requirements, and industry standards.
  • Respond to inquiries from internal and external stakeholders regarding application status and requirements.
  • Contribute to process improvement initiatives within the underwriting support function.

Required Skills

  • Proven analytical and problem-solving abilities.
  • Exceptional attention to detail and accuracy in data handling.
  • Strong verbal and written communication skills in English and German.
  • Proficiency in Microsoft Office Suite, especially Excel.
  • Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
  • Basic understanding of risk assessment principles or financial services.
  • Excellent organizational and time management skills.
  • Capability to work both independently and as part of a collaborative team.

Preferred Qualifications

  • Bachelor's degree in Finance, Business Administration, Economics, or a related field.
  • Experience with CRM software or specific underwriting platforms.
  • Knowledge of the insurance industry or specific financial products.
  • Advanced Excel skills (e.g., pivot tables, VLOOKUP, basic macros).
  • Relevant certifications in insurance or financial services.

Perks & Benefits

  • Competitive salary and performance-based bonuses.
  • Comprehensive health and wellness benefits package.
  • Generous paid time off and public holidays.
  • Opportunities for professional development and continuous learning.
  • Modern office environment in the heart of Frankfurt's Westend.
  • Subsidized public transportation pass.
  • Employee assistance program.
  • Team-building activities and social events.
  • Access to a mentorship program.

How to Apply

Eager to advance your career as an Underwriting Support Analyst at Career.zycto? We encourage you to click on the application link below to submit your resume and cover letter. Please highlight your relevant experience and explain why you would be a great fit for our team.

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