What does an Insurance Underwriter do?

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

Jobs Roles

  • Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
  • Decline excessive risks.
  • Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies.
  • Evaluate possibility of losses due to catastrophe or excessive insurance.
  • 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.
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks.
  • Authorize reinsurance of policy when risk is high.
Technical Underwriter Short Term Commercial Insurance at Phumelele Recruitment in Sandown 4 days ago
Short term insurance underwriter vacancy at Gumtree.co.za in Durban 2 weeks ago
Junior Domestic Underwriter - Short Term Insurance at Execuplace Appointments in Johannesburg 2 weeks ago
Insurance Personal Lines Underwriter at SmoltRecruitment in Cape Town 3 weeks ago
Construction & Engineering Underwriter: Short Term Insurance , GP at Yazoo Recruitment Specialists in Bedfordview 3 weeks ago
Personal Lines Underwriter: Short Term Insurance at Yazoo Recruitment Specialists in Cape Town 3 weeks ago
Insurance Underwriter at Salgado-Paulo and Associates in Pietermaritzburg 3 weeks ago
Personal Underwriter at Wining Coperatives in Other 6 hours ago
Insurance Field Technicians at Gumtree.co.za in Johannesburg 6 hours ago