Insurance Underwriters

Also called: Account Underwriter, Life Underwriter, Personal Lines Underwriter

Career Cluster: Finance
What they do:
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
On the job, you would:
  • 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.
KNOWLEDGE

Math and Science
  • arithmetic, algebra, geometry, calculus, or statistics
Arts and Humanities
  • English language
Business
  • customer service
  • sales and marketing
SKILLS

Basic Skills
  • listening to others, not interrupting, and asking good questions
  • reading work related information
People and Technology Systems
  • thinking about the pros and cons of different options and picking the best one
Problem Solving
  • noticing a problem and figuring out the best way to solve it
ABILITIES

Ideas and Logic
  • make general rules or come up with answers from lots of detailed information
  • use rules to solve problems
Verbal
  • read and understand what is written
  • communicate by writing
PERSONALITY

People interested in this work like activities that include data, detail, and regular routines.

They do well at jobs that need:
  • Integrity
  • Attention to Detail
  • Analytical Thinking
  • Dependability
  • Achievement/Effort
  • Cooperation
TECHNOLOGY

You might use software like this on the job:

Presentation software
  • Microsoft PowerPoint
Data base user interface and query software
  • Database software
  • Microsoft Access
Financial analysis software
  • Delphi Technology
  • Valen Technologies Risk Manager
EDUCATION


bachelor's degree usually needed SEARCH ALL PROGRAMS & MAJORS SEARCH COLLEGES & UNIVERSITIES
JOB OUTLOOK

New job opportunities are less likely in the future.

Salary:
High: $132,010.00
Median: $77,860.00
Low: $48,480.00
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