An insurance underwriter helps assess risks, analyze payment and premiums related to those risks, and determine if a business or entity should be insured. Insurance underwriters typically work in an insurance company and must have strong accounting and statistical analysis skills.
Insurance Underwriter Tasks
Manage underwriting territory and select new business based on analysis of their profitability.
Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
Underwrite, submit, approve or pend loans, and present decisions to management.
Monitor existing policies for compliance with company guidelines.