Insurance Underwriter | Job Description Template

We’re seeking an experienced Insurance Underwriter to assess potential clients’ risk variables and decide on coverage terms. To keep average claims costs low and enable the company to sell insurance at a lower net cost, the successful candidate must be able to put up criteria that result in securing an average proportion of good risks.

Company Address 


Educational Qualification 

  • BS in Business Administration, Finance, or a similar profession with an insurance diploma or certification
  • Experienced in insurance underwriting

Skills required for the job

  • Practical knowledge of “smart systems,” analytical tools, and statistical software (spreadsheets, SPSS, databases, etc)
  • Prudent judgment and meticulous attention to detail Confident decision-making abilities
  • Excellent insurance policy knowledge and ability to connect policy provisions to loss risks
  • Demonstrated numeracy and statistical abilities

Job Responsibilities

  • Examine insurance applications for conformity and compliance.
  • Examine the background information and financial situation of clients Collaborate with experts to acquire information and opinions
  • Determine weight-loss exposures and underwriting options
  • Prepare a list of insurance premiums that are both affordable and competitive.
  • With brokers or policyholders, negotiate and specify the exact conditions of insurance plans.
  • Keep meticulous records of the policies you’ve underwritten and the judgments you’ve made.
  • To achieve predictability of future results, strike a balance between the mass and homogeneity of risks.
  • For the insurer, develop and maintain a successful book of business.
  • Observe all applicable insurance laws.

Company Offerings

Salary- (…..) 

Other Benefits- (….)