How do they match: Insurance Underwriters

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

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

  • Assess risks to business operations.