This is the second most important position of an underwriting career
Typical duties associated with an underwriting officer include:
- Examining insurance proposals/application forms
- Collection of background information and assessments of risk
- Analyzing statistical data using specialist computer program
- Writing quotes and negotiating the terms with brokers and clients
- Determining premiums
- Deciding the wording of policies
- Preparing insurance policy terms and conditions
- Liaising with insurance brokers and customers.
The Qualifications, Skills & Attributes of an underwriting offficer
Key skills for insurance underwriters
- Analytical skills
- Good math’s and statistics skills
- Attention to detail
- Verbal and written communication skills
- IT skills
- Good judgement
- Negotiation and interpersonal skills
