Insurance underwriters decide whether to insure a person or company, and set out the details of insurance policies. They analyses the risk associated with a potential client to decide whether they should be accepted, and if so on what terms and at what price.
There are no set requirements. Experience as an underwriting assistant in a call centre could help you get a job.
A degree in business, maths or economics could help you get onto a graduate training scheme or an internship.
You could get into this job through an apprenticeship.
Career Path and Progression
With experience, you could deal with more complex risks.
You could also move into management or apply for related jobs like risk management, loss adjusting and claims management.
Related careers you may be interested in:
- Insurance account manager
- Insurance broker
- Insurance claims handler
- Insurance loss adjuster
National Government Policy states that all students should have achieved at least a Grade 4 or C Grade in English & Maths at GCSE. Achieving this minimum grade in these subjects will increase the opportunities open to you, support your future career development and prospects.
Students who do not meet this standard will be supported to continue to study English and Maths through full-time education or an Apprenticeship.
- confidence in decision making
- ability to work to deadlines
- good customer service skills
- strong written and verbal communication skills
- self motivation
- good negotiation skills
- statistical and mathematics abilities
£15,000 to £100,000