Insurance underwriters assess applications for insurance cover to determine if they should be accepted and to draw up the coverage terms and conditions. As part of their job, insurance underwriters peruse insurance proposals, evaluate the applicants' background information, calculate potential risk and draw up appropriate contracts.
There are no specific underwriter programs but employers prefer to hire an applicant with a degree in finance, business, economics, management or law. This is an office-based job, Most insurance underwriters specialize in one specific type of insurance such as general, commercial, life or reinsurance. Insurance underwriters must have excellent analytical, accounting and problem-solving skills.
At your insurance underwriter interview, the interviewers will want to know more about your experience in the field and what were your exact responsibilities during that time. They will also ask you if you are confident about your decision-making skills, if you have the ability to work to tight deadlines, and what are your career goals. You can find more commonly asked questions at insurance underwriter interviews when you go to mock interview questions.