Basic Job Description:Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
|
1) Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
2) Decline excessive risks.
3) Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies.
4) Evaluate possibility of losses due to catastrophe or excessive insurance.
5) 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.
6) Review company records to determine amount of insurance in force on single risk or group of closely related risks.
Thanks for visiting CareerPlanner.com
How can we help you with your career?
1) Use Career Testing to find the perfect career
2) Use Career Counseling to discover your career direction
3) Use Personality Type Testing to learn what really motivates you
4) Is your resume getting you enough interviews?
See How To Write The Perfect Resume.
7) Authorize reinsurance of policy when risk is high.
8) Contact underwriter and submit forms to obtain binder coverage.
9) Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms.
Is being an "Insurance Underwriter" your very best career choice?
Our Career Interest Test will show you which careers match your interests.
Our Free Personality Test will show you which careers match your personality and why.
| Part 1 | Part 2 | Part 3 | Part 4 | Part 5 |
| Duties / Tasks | Activities | Skills | Abilities | Knowledge / Experience |
Click here for "Insurance Underwriter" Jobs
See the Future Outlook and Educational Requirements for "Insurance Underwriter"
Holland / RIASEC Career Code: C-E-I SOC: 13-2053.00