Occupation information for Insurance Underwriters District Of Columbia

Watch Job Video

description

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Compare Skills

details

Currently Employed: Not Available

Projected Annual Job Openings: Not Available

Typical Hourly Wage: $39.27 - $66.52

Typical Annual Salary: $81,690 - $138,370

See Job Listings (67) Find Businesses

typical training

Typical education needed for entry: Bachelor's degree

Typical work experience needed for a job in this occupation: No work experience

Typical on-the-job training once you have a job in this occupation: 1 to 12 months on-the-job training

Find Training

typical job duties

Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
Decline excessive risks.
Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
Evaluate possibility of losses due to catastrophe or excessive insurance.
Review company records to determine amount of insurance in force on single risk or group of closely related risks.
Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
Authorize reinsurance of policy when risk is high.

tools & technology

Tools:

Technology:

more info