Occupation
Insurance Underwriters
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
$81,370 medianBelow-avg outlookBachelor's typical
O*NET 31.0 · 13-2053.00
A typical week, in the words of people in the job
- 01Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
- 02Decline excessive risks.
- 03Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
- 04Evaluate possibility of losses due to catastrophe or excessive insurance.
- 05Review company records to determine amount of insurance in force on single risk or group of closely related risks.
- 06Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
- 07Authorize reinsurance of policy when risk is high.
Task statements ranked by how many workers report them · O*NET 31.0
What the posting will be called
Account UnderwriterLife UnderwriterPersonal Lines UnderwriterUnderwriterAutomobile and Property UnderwriterCommercial Lines UnderwriterHealth UnderwriterUnderwriting Consultant
Titles reported by employers for this occupation. Search job boards with these, not the O*NET name.
Knowledge the job leans on
English LanguageCustomer and Personal ServiceMathematicsSales and MarketingAdministrativeEconomics and AccountingLaw and GovernmentComputers and Electronics
Skills that carry over from service
Judgment and Decision MakingComplex Problem SolvingSocial PerceptivenessCoordinationService OrientationPersuasionTime ManagementInstructing