Property / Casualty Underwriter
Quick Facts
Median Salary$109,237
Most Common EducationBachelor's degree
Projected 10-Year Growth+8.58%
Assessment MatchTake the Assessment
What They Do
A Property or Casualty Underwriter is an insurance agent who initially inspects homes or rental properties (or other property to be insured) for conditions such as physical deterioration that pose a risk to the carrier.
Core Tasks:
- 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.
- 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.
- Authorize reinsurance of policy when risk is high.
What to expect as a Property / Casualty Underwriter
1Earn a Bachelor's degree
71% of people achieve this level of education.
2Gain skills and experience
See Property / Casualty Underwriter related courses on Tallo
3Land a job
904 openings for Property / Casualty Underwriters
Career Progression
in United States (Nation)
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