Insurance Underwriters

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

• 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.