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
Duties Review and evaluate new clients; determine policy terms and premiums
Alternate Title(s) Casualty Underwriters, Commercial Account Underwriters, Property Underwriters
Salary Range $25,000 to $100,000
Employment Prospects Fair
Advancement Prospects Good
Work Environment Primarily Indoors
Best Geographical Location(s) Metropolitan areas
Education and Training
  • Bachelor's Degree
Related School Subjects
  • Business
  • Economics
  • Mathematics
Experience Internship; on-the-job training
  • Business Management
  • Interpersonal
  • Organizational
Personality Traits
  • Conventional
  • Organized
  • Problem-Solving
Licensure/Certification Recommended
Special Requirements None
Career Ladder
  • Underwriting Manager
  • Chief Underwriter
  • Underwriter
  • Trainee

Related Industries