Insurance Underwriters


Salary Median (2020)


Projected Job Growth (2019-2029)

-6.2% (decline)

Most Common Level of Education

Bachelor's degree


What Insurance Underwriters Do

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

Other Job Titles Insurance Underwriters May Have

Account Underwriter, Automobile and Property Underwriter, Commercial Lines Underwriter, Health Underwriter, Life Underwriter, Personal Lines Underwriter, Underwriter, Underwriting Consultant

How Leaders Describe a Typical Day at Work

Construction Underwriter ,


I am responsible for underwriting, marketing, and managing a book of business to meet strategies and personal performance goals. I collaborate across all lines of the business to provide a total account solution for Travelers' current and future clients. I also perform in-depth competitor analysis through monitoring rate actions, underwriting guidelines, and product design for both current and future products.

Underwriter ,

Capital One

A great day at work is based on productivity- That said, I work off of a running To Do list that I extract items from on a daily basis to focus my tasks for specific day. That daily list should include specific task related to the current transaction that I am working on, which ultimately rolls up to a 12-plan for evaluating the entire transaction. The day would also include responding to internal/external customer requests and regular monthly reporting that may be due.

Tasks & Responsibilities May Include

  • 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.

This page includes information from theO*NET 26.1 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.