Insurance Underwriters

Also Called: Account Underwriter, Underwriter

Bachelor's Degree

usually needed

Not Available
(Students Only)
Match Percentage

$48,480

Entry Salary

Below Average

Job outlook

What Insurance Underwriters do

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

  • 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.
Industry Areas:

Finance and Business

Training Program Areas:

Accounting Services • OCT-Only Finance & Business

Expand For Additional Details

Work Context

  • Electronic Mail
  • Spend Time Sitting
  • Telephone
  • Indoors, Environmentally Controlled
  • Time Pressure

Tools

  • Desktop calculator
  • Notebook computers
  • Desktop computers
  • Personal computers

Technology

Enterprise resource planning ERP software
Anodas Software Limited Phoenix
Skywire Software InsBridge
Presentation software
Microsoft PowerPoint
Financial analysis software
Delphi Technology
Valen Technologies Risk Manager

The Education & Training You Need

Skills

  • Active Listening
  • Critical Thinking
  • Reading Comprehension
  • Writing
  • Speaking

Knowledge

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

Education

  • 70% Bachelor's degree
  • 10% High school diploma or equivalent
  • 10% Associate's degree

Experience

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

What are some related occupations at different educational levels?


Job Training Match

Administrative Services Managers

Educational Level

High School Diploma or Equivalent

Insurance Appraisers, Auto Damage

Educational Level

Post-secondary, non-degree

 Job Training Match

Billing & Posting Clerks

Educational Level

Associate's Degree

 Job Training Match

Insurance Underwriters Currently Selected

Educational Level

Bachelor's Degree

Business Teachers, Postsecondary

Educational Level

Advanced Degree

What are your training options on the pathway to this occupation?

Advanced Training

There are currently no advanced training opportunities for this career.

ACT & College

  • Adams State University

    Alamosa, CO

  • Aims Community College

    Greeley, CO

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Are You a Good Fit?

Occupation Traits

    • Conventional (Organizer)
    • Enterprising (Persuader)
    • Investigative (Thinker)

Work Styles

  • Integrity
  • Attention to Detail
  • Analytical Thinking
  • Dependability
  • Achievement/Effort
  • Cooperation

Values

  • Independence
  • Relationships
  • Support

Abilities

  • Verbal
  • Ideas and Logic

This is what Insurance Underwriters across the country typically make.

$23.31 / hour
$48,480 /year

Entry Level

$37.44 / hour
$77,860 /year

Median Level

$63.47 / hour
$132,010 /year

Experienced Level

Income information reflects a regional average.
Income information reflects a national average.

This career’s National Job Outlook is

Below Average

Please be sure to verify the outlook of this occupation with your instructor.

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