- An underwriter is a person who
- Examines, accepts or rejects insurance risks, and
- Classifies those selected risks, in order to charge the appropriate premium for each.
- The purpose of underwriting is to spread the risk among a pool of insured in a manner that is equitable for the insureds and profitable for the insurer.
- The underwriters career path takes the following steps from the Starting position of an underwriting assistant to the senior most underwriting career which is the Underwriting Manager
- Underwriting Assistant
- Underwriting Officer
- Senior underwriter
- Underwriting Supervisor
- Assistant Underwriting Manager
- Underwriting Manager
