"Insurance Underwriter" - Part 1
Job Description, Duties and Jobs

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Duties / Tasks	Activities	Skills	Abilities	Knowledge

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Basic Job Description:

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

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Job Duties and Tasks for: "Insurance Underwriter"

Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.

Decline excessive risks.

Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies.

Evaluate possibility of losses due to catastrophe or excessive insurance.

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.

Review company records to determine amount of insurance in force on single risk or group of closely related risks.

Authorize reinsurance of policy when risk is high.