Occupation information for

Insurance Underwriters

District Of Columbia

Choose a Location

State Zip:

Distance:

Distance

Submit:

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

Compare Skills

Currently Employed: 160

Yearly Projected Openings: 10

Typical Hourly Wage: $20.01 - $34.10

Typical Annual Salary: $41,600 - $70,900

See Job Listings (0)
Find Businesses

Typical education needed for entry: Bachelor's degree

Typical work experience needed for a job in this occupation: None

Typical on-the-job training once you have a job in this occupation: Moderate-term on-the-job training

Find Training

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

Tools:

Technology: