Insurance Underwriting Job Questions & Answers

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I have bachelors degrees in risk mgmt/insurance and Banking. I also have an associates degree in economics. I am fresh out of college and just looking at some options. I could go the banking direction but i find insurance a little more interesting. I would like to be an insurance underwriter instead of an agent because agents tend to work on commission and i really dont want that right out of college. So what are my chances of landing an underwriting job straight out of college? Thanks
3 answers - Asked By: baxter - 5/6/2011
I currently work in logistics, import/export stuff and am thinking about a job change. I’ve been doing this for about a year so it’s not a huge career change for me, but I’d like to apply for other jobs requiring a similar skill set. So far I have come up with insurance underwriting as a possibility, but can’t think of much else. Any recommendation would be appreciated. I’m young too so I don’t have tons of experience.
1 answer - Asked By: jutx2 - 5/17/2007
I'm about to graduate with a B.Sc. in Math, and was wondering what I should do if I wanted to qualify for an entry level P&C underwriting job. Is taking CPCU exams a good way to show my commitment to the profession or is one expected to take those after getting a job?
1 answer - Asked By: dukiduke - 7/12/2008
Although my underwriting certificate will be completed two years from now, I am looking to gain experience within the sector. Could anyone tell me what kind of job positions a beginner in insurance should be applying for? I'm inclined to think that these are appropriate: "Underwriting assistant", "Junior Underwriter"...but I haven't been able to find any others.
1 answer - Asked By: Son - 11/3/2012
What would happen to those who work in medical billing & coding, claims departments for insurance companies, underwriting, etc... Wouldn't this just raise unemployment?
4 answers - Asked By: Avatar - 6/8/2009
For example, at a company like Chubb Group of Insurance Companies. I see Chubb Underwriting Associate positions on job websites, but I can't find an actual job description. Also, what does the "Associate" part of the title denote? And the "Senior Specialty?"
1 answer - Asked By: M - 2/9/2013
I have a pre existing mental illness that is controlled very well with medication, and I am a productve, very educated, young member of society and otherwise healthy person, and NO insurance will cover me. What do I do? Should I just lie and hope that they don't find out (or research into my medical file)? It has been over a year since my diagnosis and treatment. Why do they still refuse me and is there anything I can do to change that? How long will it be until that will be "erased" from my permanent record?
5 answers - Asked By: emily b - 4/14/2008
I always thought that insurance underwriters in general analyze risk and assign appropriate premiums for that risk coverage but I have seen some positions (mainly P & C underwriting positions) where there is sales involved. Casey Y. - thanks for the response; quick follow up question so then is all "sales" done with insurance agents and not retail customers
3 answers - Asked By: Lizzie - 1/28/2013
He just lost his job, and I am self-employed. We are looking for something with a high deductible, maybe dental coverage as well. Any thoughts on a good policy that isn't really expensive?
5 answers - Asked By: Skye7112 - 12/23/2007
I am talking about not just their job description, but just what is their usual daily routine like? (for anyone who knows) How much money should it make?
1 answer - Asked By: Mark J - 2/16/2007
I am going for a job as a service advisor. I have to fill in a few sections that describe my skills relevant to the role. Communication. Planning & Organising, Team Working & Leadership. Where can I find good examples of what people have put previously on applications? The job is for a brewery in the U.K in the finance dept. Inputting & checking orders, customer queries. I do not want to copy, I just want to get an understanding of the best way to show my skills. I am educated to degree level, (Interactive Multimedia) Have waorked as a Senior Insurance Negotiator, 2 years, Claims & Underwriting experience. Sales & Lettings Manager 1.5 years. Quality Control Inspector. Personal hobbies. (in no order) Hill walking, camping, Angling (Carp), Squash, Tennis, Internet Gaming, Poker, Web Designing, Driving, Reading, Socialising. Hope you can point me in the right direction.
3 answers - Asked By: youronmyfoot - 6/15/2007
And what further training might be needed? are there jobs available for people with english literature degrees that can be obtained reasonably easily?
1 answer - Asked By: Nickname - 3/23/2009
I am looking to advance in my current job & would like to know if there are any schools in Oklahoma City I could attend to become an underwriter? Thanks!!!
3 answers - Asked By: awd111980 - 3/8/2011
I have a friend who's been turned down for salary protection because he was once treated with depression. He's afraid now that he's becoming self-employed he's going to have trouble getting health insurance. Is there anything he should be doing to get covered?
6 answers - Asked By: Tyler S - 9/17/2007
I have 3 years experience, 1 year as a supervisor. I'm tired of my job. What fields will my skills transfer to? What type of employer will look for someone who managed 100 employees?
1 answer - Asked By: Bada Bada - 3/16/2008
Trying to get into the insurance filed and have seen on many job posting, some required licensing and/or courses required.
5 answers - Asked By: Stacey - 9/7/2007
I am currently looking for a position as insurance underwriter and, I admit, my job search skills do not amount to much more than sending resumes to advertised positions online, such as on Indeed or CareerBuilder. I would like to take a more proactive approach, such as finding the heads of underwriting departments at insurance companies and emailing them directly. The question is, how would I go about doing that? Do I just look up insurance companies in the Yellow Pages, then call every single one and ask for the underwriting department head's email? How would you go about compiling a list of target companies?
2 answers - Asked By: WLMCT - 4/23/2013
Also... What does this job do exactly (daily routine)? What area does this job pay?
1 answer - Asked By: - 2/16/2007
If I have a service business and am looking for a bond how do I get approved for an insurance bond?
3 answers - Asked By: Mae B - 1/24/2007
Is it worth attending the speed awareness course or does this not matter to the insurance companies.
7 answers - Asked By: Chris - 11/21/2010
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Underwriter

Salaries

$35,000.00 - $84,000.00
Typical Salary for Underwriter
(419 Respondents)
Source: Monster.com Careerbenchmarking Tool

Education / Training

Bachelor's
60.5%
Master's
13.9%
Some College Coursework Completed
13.4%
High School
6.7%
Associates
3.8%
(238 Respondents)
Source: Monster.com Careerbenchmarking Tool

Underwriter

Minimizes risks by accepting and rejecting insurance applications; modifying insurance coverage.
Rate of Growth
5.90 %
Size of Industry in 2006:
102,000
Source: Bureau of Labor Statistics, May 2006

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Accounting Skills
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Attention to Detail

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