Skills
52 skills are associated with this occupation.
0 skills selected
Essential knowledge
9 skills
Essential skills / competences
11 skills
Optional knowledge
5 skills
Optional skills / competences
27 skills
Overview
Insurance underwriters assess customer information, business risks, liability cover and property details so an insurer can decide whether to offer cover and how to price the premium.
In job descriptions, look for risk assessment, policy analysis, claims likelihood, customer information, commercial property, insurance processes, financial statements and communication with customers or brokers.
Explore this occupation
Open in Job ExplorerWork context
Insurance underwriter work is centred on deciding whether an insurer should accept a risk. Daily work can involve customer records, property information, liability cover, policy conditions, inspection findings and communication with brokers or customers.
Skills and specializations
Useful strengths include reading financial statements, analysing insurance needs, calculating insurance rates, explaining financial terms, reviewing insurance processes and judging when missing information changes the risk decision.
Salary context
Salary context depends on insurance line, underwriting authority, risk size, portfolio complexity, customer contact, specialist knowledge and whether decisions cover commercial property, health, life, mortgage or reinsurance cases.
Career paths
Paths can move from underwriting assistance into commercial underwriting, portfolio review, claims analysis, broker support, risk management, reinsurance work or team coordination for a defined insurance product area.
Good to know
Check adverts for the type of insurance, decision authority, risk appetite, systems used, customer or broker contact, document review duties and whether the role prices new business or renewals.
Editorial note
This guide gives editorial career context for insurance underwriter work. It is not official labour-market statistics or salary data.
Map overview
Zoom and click to see available jobs.
— Jobs total — Countries with jobs
Alternative labels
commercial underwriter
group insurance underwriter
liability risk assessor
casualty insurance underwriter
commercial insurance underwriter
commercial property underwriter
life underwriter
automobile insurance underwriter
commercial lines underwriter
risk assessor
personal lines underwriter
public liability insurance underwriter
accident and sickness insurance underwriter
package insurance underwriter
fire insurance underwriter
Occupation group
Insurance representatives (3321)
Source facts
| ESCO URI | http://data.europa.eu/esco/occupation/e937449a-d9e0-4ab7-9ea5-4d3ac673be6d |
|---|---|
| ESCO code | 3321.3 |
| ISCO group | 3321 |
| Concept type | Occupation |