Insurance Underwriters

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Job Description

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Key Tasks

• 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.
• Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
• Authorize reinsurance of policy when risk is high.

O*NET Information

• SOC Code: 13-2053.00
• Title: Insurance Underwriters

Related Occupations

Based on O*NET Standard Occupational Classification.

Career Resources

import { $ } from 'sdk.do'

const job = await $.Occupation.create({
  title: 'Insurance Underwriters',
  description: 'undefined',
  socCode: '13-2053.00',
})