Insurance Underwriters

Insurance underwriters review individual applications for insurance coverage to evaluate the degree of risk involved. They decide whether the insurance company should accept an applicant, and, if the applicant is accepted, underwriters determine the premium that the policyholder will be charged. There are approximately 92,540 underwriters employed in the United States.


Quick Facts
Alternate Title(s) Casualty Underwriters, Commercial Account Underwriters, Property Underwriters
Duties Review individual applications for insurance coverage to evaluate the degree of risk involved; determine policy terms and premiums
Salary Range $25,000 to $100,000+
Work Environment Primarily Indoors
Best Geographical Location(s) Metropolitan areas
Minimum Education Level
  • Bachelor's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience Internship; on-the-job training
Personality Traits
  • Conventional
  • Organized
  • Problem-Solving
Skills
  • Business Management
  • Interpersonal
  • Organizational
Certification or Licensing Recommended
Special Requirements None
Employment Prospects Fair
Advancement Prospects Good
Outlook Decline
Career Ladder
  • Underwriting Manager
  • Chief Underwriter
  • Underwriter
  • Trainee

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