insurance underwriter
Insurance underwriters assess business risks and liability policies and make decisions about commercial property. They inspect the conditions of businesses’ properties, analyse inspection policies, assist with real estate and rent issues, prepare loan contracts and handle commercial risks in order to align them with business practices. Insurance underwriters analyse various information from prospective customers in order to assess the likelihood that they will report a claim. They work to minimise risk for the insurance company and make sure that the insurance premium aligns with the associated risks. They can be specialists in life insurance, health insurance, reinsurance, commercial insurance, mortgage insurance.
Also called: group insurance underwriter, automobile insurance underwriter, life underwriter, liability risk assessor, personal lines underwriter, commercial underwriter, fire insurance underwriter, risk assessor
- 20
- essential skills
- 32
- optional skills
- 8
- related roles
- 3321
- ISCO-08 group
Where you can go from here
8 rolesOccupations sharing the most essential skills with this one. The number is a count, not an opinion.
- property insurance underwriter9 skills in common
- insurance product manager7 skills in common
- foreclosure specialist6 skills in common
- insurance claims handler6 skills in common
- insurance collector6 skills in common
- insurance rating analyst6 skills in common
- loss adjuster6 skills in common
- mortgage broker6 skills in common
Essential skills
20- actuarial science
- analyse financial risk
- assess financial viability
- business loans
- claims procedures
- collect property financial information
- create a financial plan
- create cooperation modalities
- create insurance policies
- decide on insurance applications
- insurance law
- manage financial risk
- modern portfolio theory
- obtain financial information
- principles of insurance
- property law
- provide support in financial calculation
- real estate underwriting
- review insurance process
- types of insurance
Optional skills
32- analyse insurance needs
- analyse insurance risk
- apply technical communication skills
- assess customer credibility
- assist in loan applications
- calculate insurance rate
- communicate with customers
- compare property values
- conduct financial audits
- create underwriting guidelines
- credit control processes
- develop investment portfolio
- ensure proper document management
- estimate damage
- examine credit ratings
- explain financial jargon
- financial statements
- handle financial disputes
- identify clients' needs
- inform on renting agreements
- insurance market
- interpret financial statements
- manage contract disputes
- manage contracts
- market analysis
- negotiate loan agreements
- organise a damage assessment
- perform property market research
- prepare financial auditing reports
- real estate market
- review investment portfolios
- synthesise financial information
No account needed to start
How close are you to being a insurance underwriter?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.