what is the most important function of an underwriter?
606126
An underwriter is the person who decides whether or not to insure risks for which applications have been submitted. The underwriter's task is to evaluate a risk, estimate the potential exposure, determine the likelihood of loss, then make a decision whether or not to accept the application for insurance.
736108
Eight major functions of central bank in an economy are as follows: (1) Bank of Issue, (2) Banker, Agent and Advisor to Government, (3) Custodian of Cash Reserves, (4) Custodian of Foreign Balances, (5) Lender of Last Resort, (6) Clearing House, (7) Controller of Credit, and (8) Protection of Depositor's Interest.
416570
A lead underwriter is an investment bank or other financial outfit that has the primary directive for organizing an initial public stock offering, or a secondary offering for companies that are already publicly traded.
999854
The role of a financial manager is to help decision-makers with their financial decisions so that their businesses continue to turn a profit and minimize costs. Some financial managers specialize in an area such as insurance, cash management or accounting control.
904532
['Utmost Good Faith.', 'Insurable Interest.', 'Proximate Cause.', 'Indemnity.', 'Subrogation.', 'Contribution.', 'Loss Minimization.']
177305
A managing general agent (MGA) or a managing general underwriter (MGU) is a specialised type of insurance agent or broker that has been granted underwriting authority by an insurer, according to the International Risk Management Institute (IRMI), and can administer programs and negotiate contracts for an insurer.
1336705
Underwriting Assistant provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. Being an Underwriting Assistant may assist underwriters with the computation of rates and premiums.
1274250
investment banker, underwriter - a banker who deals chiefly in underwriting new securities. estate agent, house agent, land agent, real estate agent, real estate broker - a person who is authorized to act as an agent for the sale of land; "in England they call a real estate agent a land agent"
1195067
['Prepares asset, liability, and capital account entries by compiling and analyzing account information.', 'Documents financial transactions by entering account information.', 'Recommends financial actions by analyzing accounting options.']
440847
['Financial Institutions.', 'Financial Markets.', 'Financial Instruments.', 'Financial Services.', 'Financial Regulators.']
10312
The most vital function is the process of converting carbon dioxide into oxygen. Secondarily the leaves and branches collect dust and dirt from the air and then provide pathways back to the ground when it rains.
194025
Accounts Receivable Policy. ... This includes guidelines focused on how and when to reserve a receivable, write off a receivable and recover a receivable. Accounting is responsible for maintaining accurate records within the accounts receivable function and ensure that proper internal controls are maintained.
247175
The Federal Reserve performs five general functions—conducting the nation's monetary policy, regulating banking institutions, monitoring and protecting the credit rights of consumers, maintaining the stability of the financial system, and providing financial services to the U.S. government.
1156864
The book runner is the main underwriter or lead manager in the issuance of new equity, debt or securities instruments. In investment banking, the book runner is the underwriting firm that runs, or who is in charge of, the books. ... Bookrunners do the majority of the work and collect the largest percentage of fees.
1204868
['Building and maintaining a secure network. ... ', 'Protect cardholder data. ... ', 'Maintain a Vulnerability Management Program. ... ', 'Implement strong access control measures. ... ', 'Regularly monitor and test networks.']
1235205
Obviously, one of the main benefits for guarantors and beneficiaries is wise property and asset management. Trustees have multiple responsibilities, and are tasked with reviewing of financial records, accounts and balances, and other financial information.
439080
Functions of Commercial Banks: - Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.