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Insurance Underwriters

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About this career

£27,642

Median salary

New workers start around £14,028.91. Normal pay is £27,642 per year. Highly experienced workers can earn up to £55,806.87.
1

Jobs

Subjects achieved a 100% pass rate, including Maths, Further Maths, Physics, English Literature and Spanish.

Daily Tasks

  • Negotiates terms of reinsurance contracts.
  • Ensures that the insurance policy clearly defines the liabilities accepted and any exceptions or exclusions.
  • Calculates premiums, provides quotations and, if acceptable to the client, issues policies.
  • Liaises with insurance surveyors, actuaries and risk managers where the risks associated with a proposal are not clear.
  • Identifies and evaluates the risks associated with a proposal.
  • Receives and assesses proposals and propositions for insurance from brokers and clients.

Skills

Job postings

Writing
70
Active Listening
70
Active Learning
68
Speaking
66
Learning Strategies
66
Critical Thinking
65
Reading Comprehension
65
Monitoring
64
Mathematics
46
Science
14