Insurance Underwriters for Dummies | What You Need To Know In 15 Slides

15
CAREER 101 FOR DUMMIES

Transcript of Insurance Underwriters for Dummies | What You Need To Know In 15 Slides

INSURANCE UNDERWRITERS

CAREER 101

FOR DUMMIES

WHAT THEY DOInsurance Underwriters review individual

applications for insurance to evaluate degree of risk

involved and determine acceptance of applications.

WHAT ELSE THEY DOThey also 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.

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SALARYAverage salary: $72,650 per year

Hourly wage: $34.93 per hour

Source: bls.gov

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"Choose a job you love andyou'll never have to work

a day in your life."- Confucius

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PROS #1Perfect if you are someone who is

organized and likes to follow procedures

and routines

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PROS #2Suitable for people who values

relationships between coworkers andcustomers and wants to work in a

friendly non-competitive environment

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CONS #1There are more suitable careers out

there if you are an artistic and creativeperson who likes to work with designs

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CONS #2It is not easy to get into this career. A

considerable amount of work-related skill,knowledge, or experience is required for

this career.

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I LOVE MY JOB!70% of them said they were satisfied with their

job and 37% said they feel like their job is

making other people’s lives better.

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SHOULD I BE ONEPeople who are suitable for this job tends to like

following set procedures and routines. They like

working with data and details more than with

ideas.

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HOW TO BE ONE81% of Insurance Underwriters said they

had a Bachelors Degree

12% of them hold an Associates Degree

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WANT MORE ?You can find the full career info including:

How long does it take to be one

"Should I Be One" career quiz

What their typical day looks like

Click here: Everything you need to know about this career

Click here: Find a career or college that is right for you

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WHO ARE WEOwlGuru.com is the largest career and college

finder website. We help you to find a career and

college that is right for you.

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