Insurance Underwriters | Career profile | UCAS

Insurance underwriters identify and measure the risks associated with an activity, determine whether this risk is insurable and issue insurance polices which provide financial compensation in the event of loss.

New workers

AVERAGE

Experienced

£ 21,526

£ 38,727

£ 70,292

In the past year there were 25,488 vacancies for this type of job

People work towards these careers by taking these courses at college and uni.

What they do most days?

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.

Hard Skills

Hard skills are specific, learnable, measurable, often industry or occupation-specific abilities related to a position.

Skills are ranked based on the number of job adverts that list them as required skills.

Underwriting
Finance
Key Performance Indicators (KPIs)
Auditing
Accounting
Service Quality
Marketing
Loans
Risk Analysis
Financial Services

Soft Skills

Soft skills can be self-taught and usually do not necessitate a certain completed level of education.

Skills are ranked based on the number of job adverts that list them as required skills.

Communications
Management
Customer Service
Leadership
Sales
Team Leadership
Detail Oriented
Planning
Operations
Negotiation

How do I get a job like this?

People in these types of job started their career paths after studying courses like the ones below.

Routes to this career

Qualification: BSc (Hons)
Duration: 4 Years
Study mode: Sandwich
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: 112/112
Student satisfaction: 74%
Course study options: 2 course options available

Qualification: BA (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: 64/64
Student satisfaction: N/A
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 4 Years
Study mode: Full-time
Start date: 2021-2022
Average grad salary: N/A
UCAS Tariff: 112/112
Student satisfaction: N/A
Course study options: 3 course options available

Qualification: BA (Hons)
Duration: 4 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: 32/56
Student satisfaction: N/A
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: 112/128
Student satisfaction: 76%
Course study options: 6 course options available

Qualification: BA (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £23k
UCAS Tariff: N/A
Student satisfaction: 75%
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £25k
UCAS Tariff: N/A
Student satisfaction: 87%
Course study options: 2 course options available

Qualification: BA (Hons)
Duration: 8 Years
Study mode: Part-time
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: 32/32
Student satisfaction: N/A
Course study options: 2 course options available

Qualification: BA (Hons)
Duration: 4 Years
Study mode: Full-time including foundation year
Start date: 2022-2023
Average grad salary: £24k
UCAS Tariff: 40/48
Student satisfaction: 75%
Course study options: 5 course options available

Qualification: BSc (Hons)
Duration: 4 Years
Study mode: Full-time
Start date: 2021-2022
Average grad salary: £26k
UCAS Tariff: N/A
Student satisfaction: 80%
Course study options: 3 course options available

Qualification: BSc (Hons)
Duration: 4 Years
Study mode: Full-time including foundation year
Start date: 2022-2023
Average grad salary: £26k
UCAS Tariff: 72/72
Student satisfaction: 81%
Course study options: 2 course options available

Qualification: BA (Hons)
Duration: 4 Years
Study mode: Full-time including foundation year
Start date: 2022-2023
Average grad salary: £26k
UCAS Tariff: 48/48
Student satisfaction: 87%
Course study options: 4 course options available

Qualification: BSc
Duration: 3 Years
Study mode: Full-time
Start date: 2021-2022
Average grad salary: £21k
UCAS Tariff: 112/112
Student satisfaction: 67%
Course study options: 3 course options available

Qualification: MEcon
Duration: 4 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £28k
UCAS Tariff: N/A
Student satisfaction: 76%
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: N/A
Student satisfaction: 76%
Course study options: 5 course options available

Qualification: BA (Hons)
Duration: 4 Years
Study mode: Full-time including foundation year
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: N/A
Student satisfaction: N/A
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 4 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £25k
UCAS Tariff: N/A
Student satisfaction: 82%
Course study options: 2 course options available

Qualification: BA
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £29k
UCAS Tariff: N/A
Student satisfaction: 79%
Course study options: 2 course options available

Qualification: BA (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £24k
UCAS Tariff: 104/120
Student satisfaction: 69%
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £30k
UCAS Tariff: 112/112
Student satisfaction: 100%
Course study options: 3 course options available

Qualification: BSc (Hons)
Duration: 5 Years
Study mode: Sandwich including foundation year
Start date: 2022-2023
Average grad salary: £24k
UCAS Tariff: 48/72
Student satisfaction: 63%
Course study options: 4 course options available

Qualification: BA
Duration: 4 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: N/A
UCAS Tariff: N/A
Student satisfaction: N/A
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £30k
UCAS Tariff: N/A
Student satisfaction: 61%
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 5 Years
Study mode: Sandwich including foundation year
Start date: 2022-2023
Average grad salary: £29k
UCAS Tariff: N/A
Student satisfaction: 83%
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 4 Years
Study mode: Sandwich
Start date: 2022-2023
Average grad salary: £25k
UCAS Tariff: N/A
Student satisfaction: 43%
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 4 Years
Study mode: Full-time
Start date: 2021-2022
Average grad salary: N/A
UCAS Tariff: 112/112
Student satisfaction: 70%
Course study options: 3 course options available

Qualification: BA (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £24k
UCAS Tariff: 96/120
Student satisfaction: 92%
Course study options: 3 course options available

Qualification: BA (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £20k
UCAS Tariff: 112/120
Student satisfaction: 62%
Course study options: 2 course options available

Qualification: BSc (Hons)
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £22k
UCAS Tariff: 104/120
Student satisfaction: 88%
Course study options: 2 course options available

Qualification: BA (Hons)
Duration: 4 Years
Study mode: Full-time
Start date: 2021-2022
Average grad salary: £26k
UCAS Tariff: N/A
Student satisfaction: 88%
Course study options: 3 course options available

Qualification: BSc Econ H
Duration: 3 Years
Study mode: Full-time
Start date: 2022-2023
Average grad salary: £29k
UCAS Tariff: N/A
Student satisfaction: 71%
Course study options: 3 course options available

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