To become an underwriting assistant, education, training, and business skills are necessary. A bachelor’s degree in business administration, finance, or accounting is preferred. Internships and a Master of Business Administration can also help advance a career in this field. Communication, organization, and problem-solving skills are important.
Most people planning to become an underwriting assistant are working on the experience and skills needed to advance their career in this field. While this is generally an entry-level position, you will still need education, training, and a specific set of business skills to break into this profession. Researching the business requirements will help you craft an educational plan to become an underwriting assistant. The level of education required will depend on the job, but to become successful in this profession, you must work towards a college degree. Some students choose to work on their degree while in the field, and others complete a degree before looking for employment.
Many companies only require a high school diploma, but they generally prefer that you have at least a bachelor’s degree in business administration, finance or accounting. You should start by finding a university that has a well-developed business program and enrolling in general courses to prepare for advanced classes in your field. Some of your courses may include accounting principles, business finance, management science, business law, risk management and decision making, as well as other classes that focus on business management and finance. These courses will give you the business application skills needed to become an underwriting assistant.
During your first or second year of college, you should look for an internship at a company that has senior underwriters. Most companies that have a division for an underwriting assistant are insurance companies, and you should find a position at your university. This experience will allow you to subscribe to senior underwriters and observe the daily tasks in the industry, which will help you to become an underwriting assistant. Some of these internships may lead to permanent positions within the company, depending on your performance and the competence displayed in the field.
Once you become an underwriting assistant, consider working on your Master of Business Administration to further your career. Some students choose business management to increase their job options. An additional skill that will benefit you in this field is excellent communication skills, as you will need to interact with clients and other business professionals. Organization, problem-solving skills, and the ability to work well with others will help you excel in this profession. There are many opportunities, and to find the job that best suits your needs, you should start looking for open positions in your local newspaper and on the Internet.
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