Underwriter Jobs Overview
An insurance underwriting career is one of the best insurance company jobs. Many people “fall into” insurance career opportunities, and quickly become enchanted with the idea of an insurance underwriting career. An insurance underwriting career involves reviewing risk, the person or business buying insurance and the item being insured. Underwriters review insurance policies and coverages to determine if policyholders have the right amount of coverage, or if they should be insured with the company at all. It’s a tricky position to be in, and takes just the right kind of personality.
People who majored in math, economics, physics or engineering might find that an underwriter job is a surprisingly good fit for their skill level and personality. Before finding insurance jobs online, find out what insurance companies are looking for from an underwriter.
Insurance Underwriting Jobs
Underwriter jobs require a certain type of personality to fit the bill:
- Insurance underwriting careers are right for people who are detail-oriented. People who enjoy trying to fit together problems like puzzle pieces will happily adjust to the day to day needs of the underwriter job.
- People who are analytical and like to study will find a good match when they choose to follow an insurance underwriting career. Underwriters spend time daily reviewing insurance policy coverages, weighing in on new products and determining the impact of policy changes on policyholders and agents.
Insurance Underwriting Job Requirements
Like many jobs in insurance, there are a number of requirements for obtaining an underwriter job:
- A college degree used to be enough for this insurance company job; nowadays, management is looking for college graduates who focused on quantitative studies.
- Jobs in insurance in general, and underwriter jobs in particular, require a comfort with dealing with the public- underwriters are often faced with delivering bad news, and they have got to find a good way to get their message across every time.
- An insurance underwriting career will plummet without intimate knowledge of the insurance company- the underwriter is the go-to person for customer service reps, claims adjusters, agents and policyholders, so they really need to know their stuff.
Salary Expectations for Insurance Underwriting Jobs
The salary range for underwriter jobs tends to run from $35,000 (just starting out) to $60,000 (very experienced; underwrites several types of insurance). Find insurance jobs online, at insurance company websites or job portal websites. Underwriter jobs always need to be filled, so this is an insurance career opportunity with a lot of room for advancement and lifelong learning, if an underwriter is willing to move to different companies throughout their career.
The copyright of the article Underwriter Jobs Overview in Insurance is owned by Lisa Nichols. Permission to republish Underwriter Jobs Overview in print or online must be granted by the author in writing.
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Category: Career and Employment Advice