Insurance Underwriter
Insurance Underwriter
- Job popularity
Job Description
Insurance underwriters assess business risks and liability policies and make decisions about commercial property. They inspect the conditions of businesses’ properties, analyse inspection policies, assist with real estate and rent issues, prepare loan contracts and handle commercial risks in order to align them with business practices. Insurance underwriters analyse various information from prospective customers in order to assess the likelihood that they will report a claim. They work to minimise risk for the insurance company and make sure that the insurance premium aligns with the associated risks. They can be specialists in life insurance, health insurance, reinsurance, commercial insurance, mortgage insurance..
Top 7 specific things you need to know
As an Insurance Underwriter, you will need to master following:
Top 13 general things you need to know
More generally, an insurance underwriter is also versed in:
- analyse financial risk
- assess financial viability
- business loans
- create a financial plan
- create cooperation modalities
- create insurance policies
- insurance law
- manage financial risk
- modern portfolio theory
- obtain financial information
- property law
- provide support in financial calculation
- types of insurance
Other things it helps to know to be an excellent insurance underwriter
It also helps to know the following:
- assess customer credibility
- calculate insurance rate
- create underwriting guidelines
- estimate damage
- explain financial jargon
- perform property market research
- analyse insurance needs
- analyse insurance risk
- apply technical communication skills
- assist in loan applications
- communicate with customers
- compare property values
- conduct financial audits
- credit control processes
- develop investment portfolio
- ensure proper document management
- examine credit ratings
- financial statements
- handle financial disputes
- identify clients' needs
- inform on renting agreements
- insurance market
- interpret financial statements
- manage contract disputes
- manage contracts
- market analysis
- negotiate loan agreements
- organise a damage assessment
- prepare financial auditing reports
- real estate market
- review investment portfolios
- synthesise financial information
Top employers for this job
Insurance Underwriter (0-2 Yrs Exp.)
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Prereqs Technology Pvt.Ltd
-
California
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$250 - $800 / month
- Keywords :
- Ui designer,
- developer