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

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