| Underwriter I |
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| Also referred to as: Entry Level Group Underwriter, Group Underwriter I |
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| Requirements and Responsibilities |
| Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. May coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. |
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| Similar Jobs: Mortgage Underwriter I, Underwriter (Life) I, Loan Underwriter I, Underwriter (P/C) I, Underwriter IV, Underwriter III, Underwriter II, Underwriter (Life) III, Mortgage Underwriter III |
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| Level of Education: Underwriter I Salaries with an Associate's Degree, Underwriter I Salaries with a Bachelor's Degree, Underwriter I Salaries with a Master's Degree or MBA, Underwriter I Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Edu., Gov't. & Nonprofit, Financial Services, Healthcare, Insurance, Retail & Wholesale | |
