Description:

• Analyze insurance applications to evaluate the level of risk involved.
• Assess factors such as the applicant’s health, financial status, and lifestyle to determine insurability.
• Review insurance policies to ensure accuracy and completeness.
• Verify that policy applications comply with underwriting guidelines and regulations.
• Utilize statistical models and data analysis to assess risk and make informed decisions.
• Stay updated on industry trends and changes in underwriting standards.
• Maintain accurate and detailed records of underwriting decisions and supporting documentation.
• Prepare reports on underwriting activities and present findings to management.
• Monitor policy renewals and make recommendations for adjustments as needed.

Qualifications:

• Bachelor’s degree in business, finance, or a related field.
• Proven experience in underwriting.
• Strong analytical and decision-making skills.
• Excellent communication and interpersonal skills.
• Knowledge of relevant laws, regulations, and industry standards.
• Ability to work independently and collaboratively in a team environment.
• Proficiency in using underwriting software and data analysis tools.
• Attention to detail and strong organizational skills.