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Insurance Underwriter

Insurance Underwriter

  • Ideal for those who enjoy assessing risk and making informed decisions.
  • Protects companies by evaluating and managing potential insurance risks.
  • Unique role that combines analytical skills with industry knowledge.
💰 Earn $71K-$106K
📚 Bachelor Degree

Overview

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Scoop

Minimum Education

Bachelor Degree

Career Prospects

Shaky (Decreasing by 1-5%)

Training Time

2 to 4 years

Job Openings

7,800 in Total

Earnings

$82,150 Med. in CA

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Day-to-Day

  • Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
  • Decline excessive risks.
  • Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
  • Evaluate possibility of losses due to catastrophe or excessive insurance.
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks.

Best For You If...

YOU Like 💕

  • Influencing or leading others
  • Using data or completing tasks
  • Thinking and problem solving

You are skilled in 💫

  • Active Listening
  • Speaking
  • Critical Thinking
  • Reading Comprehension
  • Mathematics
  • Active Learning

You value 🙏

  • Having support
  • Support
  • Independence
  • Having freedom
  • Relationships
  • Personal relationships

In Action

Want to see what it's like to be a Insurance Underwriter? We've curated a playlist for you to explore.

Insurance Underwriter

This short video gives an overview of what this career is all about.

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