Insurance Underwriter

Explore This Path

Ideal for those who enjoy assessing risk and making informed decisions.
Protects companies by evaluating and managing potential insurance risks.
Unique role that combines analytical skills with industry knowledge.

💰 Earn $71K-$106K

📚 Bachelor Degree

⏱️ 24–48 MONTH TRAINING

📈 -4% JOB GROWTH

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What You’ll Do

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

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

Scoop

Minimum Education

Bachelor Degree

Career Prospects

Shaky (Decreasing by 1-5%)

Training Time

2 to 4 years

Job Openings

7,800 Annually

Median Earnings

$82,150 in California

$77,860 Nationally

$25K

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Best For You If...

YOU Like 💕

Influencing or leading others
Thinking and problem solving
Using data or completing tasks

You are skilled in 💫

Active Learning
Active Listening
Critical Thinking
Mathematics
Reading Comprehension
Speaking

You value 🙏

Having support
Having freedom
Personal relationships

Deep Dive

Insurance Underwriter

Explore career pathways, key skills, and what each role has to offer.

Pathways to this Career

Learn about the education and training paths that can lead to this career — and what to expect from each one.

Associate's Degree

An associate's degree typically provides graduates with foundational knowledge and skills for entry-level jobs in the graduate's industry, or serves as a stepping stone towards further education.

🎓 College

⏱️ FINISH IN 2-3 years

Bachelor's Degree

A bachelor's degree typically results in increased knowledge about a variety of academic subjects, specialized knowledge in a focused field of study, and is considered the foundational qualification for many careers.

🎓 College

⏱️ FINISH IN 4-5+ years

Hybrid College

A hybrid college combines online learning with the student support typically offered on college campuses, giving students flexibility and accessibility while still providing a comprehensive educational experience.

🎓 College

⏱️ FINISH IN 2-5 years

Apprenticeship

An apprenticeship typically offers a combination of hands-on training and classroom instruction, leading to practical skills, industry-specific knowledge, and the potential for long-term employment in a specific trade or profession.

🎓 Paid Work

⏱️ FINISH IN 2-5 years

Vocational School

A vocational school typically equips students with specialized skills and practical training in specific trades or occupations, enhancing their employability and providing direct pathways to relevant careers.

🎓 Skills-Focused

⏱️ FINISH IN 6 months - 2 years