Underwriting as a job

by Guest » Tue Sep 04, 2007 10:02 am
Guest

How do I go from an AA degree in Dietetics to being an underwriter?

Total Comments: 9

Posted: Tue Sep 04, 2007 11:22 am Post Subject:

There is no specific qualification required to become an underwriter, different companies have their own sets of requirements for the job of underwriting. However, a degree in finance or management might have helped, although not mandatory. Insurance companies mainly value the candidates experience and knowledge about the insurance industry. Anyways, while being an underwriter you will be provided with on the job training, which may include- study of the claim files, comparative study of different insurance policies, learning the process of computing the risk involved in offering a policy to the prospective client, so on and so forth.

Juanita

Posted: Tue Sep 04, 2007 11:44 am Post Subject: It could be rewarding

Being an underwriter is quite a rewarding career. It is mainly for the people who love analyzing and evaluating factors, and meticulous in nature. Although, a graduate degree in any field may help but the insurance companies show preference to people with degree in business administration or finance with knowledge of accounting. For life insurance underwriting a degree in science or biology may add some value to your profile too.

In the beginning, you will be appointed as a trainee underwriter and will receive training under the senior underwriters of the company. Some companies may also require you to undergo their specially designed training program and qualify the test before induction.

One last thing to add, most of the underwriting works now-a-days are done through computer software, therefore, knowledge in computer is a must for underwriting jobs.

Wish you all the luck for your future. Fatman

Posted: Tue Sep 04, 2007 11:53 am Post Subject: Underwriting! a dynamic career

Yeah friends, you all are quite right. I just want to add a little in my own way. Insurance underwriting is a very dynamic career. Being an underwriter you are required to upgrade yourself constantly with the new policies and technologies of underwriting. Computers are now used widely in case of underwriting and no doubt t had helped the underwriters to manage the risks in a better way. Therefore, you are required to learn the computer applications used for the underwriting purposes. underwritingwiz

Posted: Tue Sep 11, 2007 05:41 am Post Subject:

Hi Sarah,
Your post has been shifted over here >> http://www.ampminsure.org/insuranceagents/about3047.html

Posted: Tue Sep 11, 2007 05:42 am Post Subject:

Hi Matkins,
You will find your post here >> http://www.ampminsure.org/insuranceagents/about3048.html

Posted: Sun Mar 15, 2009 02:31 pm Post Subject: help for project

career in insurance other than an agent"
is my topic for project.....can u help me wht exactly should be included in this?
wht kind of survey should i do for students?
plz. do reply soon...............i will be thankful to u

Posted: Thu Sep 10, 2009 09:37 am Post Subject: insurance

i want to make my career in insurance feild i dont have much finance knowledge where should i apply what books should i study for being an underwriter in insurance feild. i want to work as an underwritter or in operations.

Posted: Sun Sep 13, 2009 01:35 pm Post Subject:

I started my career being an underwriter. I have a BA in a non-finance field, and had been working for a tech firm prior to then, just a couple years after I had graduated from college. When I got hired as an underwriter, I could barely decipher my own personal auto policy! But all of that came in due time. The company was looking for detail-oriented problem solvers with a sales aptitude. Anyone can learn insurance, but it takes someone with a can-do attitude, solid communication skills and computer prowess to be a good underwriter. :) Underwriting is a great "foot in the door" to other insurance careers, as well.

Posted: Fri Aug 20, 2010 01:33 pm Post Subject: underwriter

how to make my career as a underwriter

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