Find & Apply For Jobs
Insurance underwriter jobs involve assessing insurance applications to determine coverage amounts, premiums, and policy terms. Underwriters analyze risk factors and use software to calculate potential losses. They work closely with insurance agents and clients to ensure accurate and timely underwriting decisions. Attention to detail and strong analytical skills are essential. Below you can find different insurance underwriter jobs in and around your location.
Industry Trends & Salary Expectations
An insurance underwriter evaluates insurance applications and determines coverage amounts and premiums. - Entry-level Underwriter salaries range from $45,000 to $55,000 per year - Mid-career Senior Underwriter salaries range from $65,000 to $85,000 per year - Senior-level Chief Underwriter salaries range from $90,000 to $120,000 per year The role of an insurance underwriter has a long history, dating back to the 17th century when insurance companies started to emerge in London to provide coverage for various risks. Over time, the role of insurance underwriters has evolved to include sophisticated risk assessment models, automation through technology, and specialization in different types of insurance products. Current trends in the insurance underwriting industry include the use of big data and analytics to make more accurate risk assessments, the rise of insurtech companies offering innovative solutions, and a focus on sustainability and climate change risks in underwriting practices.
