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Top 35 Underwriter Interview Questions

Question 1 of 36
If hired, how do you intend on making a difference with our company?
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Question 2 of 36
Do you have strong computer skills? Which programs are you most experienced in?
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"I am well versed in using SQL and SAP and have the basic knowledge of Netsuit and Microsoft Dynamics along with Excel. I am capable of analysing several complicated cases using these and also of communicating the results to the clients."
As an underwriter you may be required to use several high level software and programs. In addition to standard office tools, be prepared to show your skills in job specific tools and other skills that you have (web tools, scripting, programming, etc.). Don't sound over-confident but an answer that exhibits confidence in this scenario is highly appreciated by the recruiting managers. What is important is that you have a conceptual technical knowledge that helps you in solving the problem at hand and communicate it effectively to the stakeholders.
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Question 3 of 36
Have you ever had difficulty with a supervisor?
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"My most recent supervisor and I had a strong work relationship and she will be willing to give you a strong reference on my behalf. We did not run into any difficulty while working together."
What was your relationship like with your most recent supervisor? Assure the interviewer that you are able to take instruction well and that you show respect to your leaders in the workplace. Although, there are occasions that you may have had certain disagreements but try to project everything in a positive manner avoiding anything that might portray you as a difficult employee to work with. If you have not had difficulty with a supervisor: "My most recent supervisor and I had a strong work relationship and she will be willing to give you a strong reference on my behalf. We did not run into any difficulty while working together." If you did have difficulty with a supervisor: "In my career I have had many different supervisors with an array of personalities. I did have one supervisor in the past who was not the type of leader that I would have chosen for myself. We disagreed on occasion but nothing severe enough to affect my work performance."
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Question 4 of 36
Give an example of a time when you made a mistake because you failed to actively listen to a supervisor.
Professional Answers Preview
"it has never happened."
Failing is normal, natural. No candidate can answer this with a "it has never happened." Be honest on this one, and present a short summary of your example. As is the case with other questions, the importance is to indicate how you learned and developed from making this mistake. Active listening is just listening and saying 'yes or OK' and not asking for clarification, confirmation of what you think you heard, or at minimum, summarizing the instructions. As a student, this may be that time that you wrote an entire essay only to find out you were supposed to write a one page summary.
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Question 5 of 36
What motivates you as an underwriter?
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Question 6 of 36
Tell me about your education. How has it prepared you for a career as a Underwriter?
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Question 7 of 36
Why do you want a career as an underwriter?
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Question 8 of 36
Share an experience you had in dealing with a difficult person and how you handled the situation.
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Question 9 of 36
Are you efficient with your time?
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Question 10 of 36
Tell me something about yourself that is not on your resume.
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Question 11 of 36
Do you consider yourself to have strong research skills?
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Question 12 of 36
If I were to speak with your social circle, what would your friends say about you?
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Question 13 of 36
Successful underwriters must have good judgement and common sense. Would you consider yourself to fit in those categories?
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Question 14 of 36
Do you consider yourself more analytical or a free thinker?
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Question 15 of 36
Give an example where you have had to use your negotiation skills.
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Question 16 of 36
When will your current project be completed, or when will be the next logical time to be able to leave on good terms with your team?
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Question 17 of 36
Give an example where you have supported a loan that did not comply with FHA loan guidelines?
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Question 18 of 36
Give an example where you have had to challenge loan documentation based on fraud detection processes you use.
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Question 19 of 36
What is your greatest strength? How does it help you as an Underwriter?
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Question 20 of 36
Why are you the best candidate for us?
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Question 21 of 36
What do you know about our company?
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Question 22 of 36
What has been your greatest accomplishment as an underwriter so far?
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Question 23 of 36
What has been your biggest disappointment as an underwriter so far?
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Question 24 of 36
What is the most difficult situation you have had to face and how did you tackle it?
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Question 25 of 36
Give me a time when you went above and beyond the requirements for a project.
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Question 26 of 36
What are the steps you follow to study a problem before making a decision?
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Question 27 of 36
What do you do when your time schedule or project plan is upset by unforeseen circumstances?
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Question 28 of 36
How do you keep track of work so that it gets done on time?
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Question 29 of 36
Have you ever been overloaded with work? What did you do to ensure your deadlines were met?
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Question 30 of 36
What initially attracted you to the insurance industry, and what keeps you here?
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Question 31 of 36
What professional goals have you set for yourself this year?
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Question 32 of 36
What do you dislike the most about being an underwriter?
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Question 33 of 36
How would you compare your current job to that of an underwriter?
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Question 34 of 36
Tell me about your financial training and education.
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Question 35 of 36
If not an underwriter, what other role within insurance would you like to be in?
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Question 36 of 36
What are your general guidelines related to applicable ratios (i.e Debt ratios, loan-to-value)
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User-Submitted Interview Answers

Question 1 of 36
If hired, how do you intend on making a difference with our company?
User-Submitted Answers
1.
With my attention to detail I hope to make choice decisions that will benefit the company immediately and over a period of time.
2.
My point of view is different than others. I don't see just black and white. I see the grey areas that help me determine if a risk is eligible or if we should stay on the risk. This allows us to be the smart insurance choice for our customers. Always.
3.
I plan to open my mind up and keep up to date to industry changes so as to implement the best suitable for the company. I am eager to learn and given the opportunity I aim to work hard and stay focused.
4.
By bringing my industry knowledge and applying it the position.
5.
By using our value proposition to effectively sell and build strong relationships with our agents in order to grow our middle market business and profitability.
6.
Because it is very challenging and rewarding.
7.
I will introduce best practices and improve the claims turnaround processes.
8.
By focusing on quality and staying within SLA.
9.
I will be a good addition to the risk management team with my varied expereinces I could bring in a new perspective to the current role and together align my goals with organization and grow.
10.
I believe I can make a valuable contribution from day one. I am highly motivated and keen to utilize my skill set.
11.
I bring a positive hardworking attitude that will have a positive affect on my coworkers. I will also at a minimum meet the expectations put upon me. I hold my self to a very high standard and ensure to do what is expected of me and strive to always improve. additionally I have strong communication abilities that will allow me to effectively build and stengthen relationships with our business partners.
12.
My professional experience - eagerness to learn and understand the companies underwriting guidelines. Hard work and a commitment to meeting what is expected of me.
13.
I intend to be very eager to learn and work hard within the team. I intend to become CII qualified and hope to learn the industry of insurance.
14.
I am very committed and take my role very seriously . I have good customer experience, work well as part of a team and individuallly, excellent interpersonal skills, attention to detai, very analytical.
Question 2 of 36
Do you have strong computer skills? Which programs are you most experienced in?
User-Submitted Answers
1.
I have worked in detail in Microsoft Word, and Excel. My previous internship I worked a lot in Outlook and feel very comfortable learning new skills on the computer and feel it comes fairly easy to me.
2.
I enjoy working on powerpoint and working on presentations. however, am good with word, outlook and excel.
3.
Proficient in all microsoft office products and can effectively learn and use new programs within the insurance industry.
4.
My computer skills are commentable, with experience in SICS Nt, Business Objects and Microsoft Office skills.
5.
I am very proficient with Microsoft Office and am adept at using a computer. I often am the person people come to with computer questions.
6.
I am proficient in ms office, word, excel, powerpoint and also I hv 1 year exprience of using accounts payble softwere.
7.
Microsoft office mortgage software outlook wordperfect.
8.
Microsoft word, excel and lending platforms.
Question 3 of 36
Have you ever had difficulty with a supervisor?
User-Submitted Answers
1.
I would not say that I had difficulties with a supervisor, but I would say I have had difference of opinion that after further discussion we came to some kind of a decision.
2.
No I respect my supervisors and look up to their knowledge and expertise as an opportunity to learn, but definitely feel I have the right to express my points or concerns in a professional manner.
3.
No, but I remember a time when one of my colleagues ill treated me, therefore I addressed the matter with them, making them understand that I also have a lot on my desk and would appreciate them talking to me first before directing her queries to me.
4.
No not really I try to work with my authority figures.
5.
No, I have not experienced any difficulty with a supervisor.
6.
Yes, when my opinion about a particular product differed with his opinion.
7.
No im verymuch flxibale and hardworking person, I do take my feedback positively and try to improve my self and work.
8.
I had but, I have managed to overcome with my work.
9.
Yes but discussed our differences and found a solution to the problem right away.
10.
I have, actually. I had a supervisor who wanted to put me into a position that was more difficult than the one I worked, comfortably.
11.
No, we do have lot of discussions on what has to be on the table and we each support our side with facts. And have done lot of team building with team outings and dinner.
12.
I've had three separate manages at my current employer. After my original manager moved to an ew position within the company a first time manager was hired. While it was expressed to me that he appreciated my work and personally enjoyed having me on his team, it was still difficult at times as he grew as a manager. While it did not affect my work quality, his management skills were diruptive to the daily work tasks. after some time and learning bout him as a manager I figured out what was important to him and strived to excel in those tasks/
13.
No i've been lucky enough to have strong professional relationships with all of my supevisors. I think they see my hard work and quality of product and respect my abilities.
Question 4 of 36
Give an example of a time when you made a mistake because you failed to actively listen to a supervisor.
User-Submitted Answers
1.
An example of a mistake that I made due to the lack of my listening skills, well the only example that I can think of is the pronunciation of the insureds name.
2.
I gave wrong pricing. A target lower than required. But fortunately it could be well rectified.
3.
An experience I have had where I did not listen well to someone was while playing basketball and choosing not to listen to my coach thinking that I knew what was going to be better. In the end what my coach was asking me to do was the best possible thing for me it took learning the hard way to figure that out.
4.
I had drafted the release form to a third-party and a type error occurred where I had to immdeiatly advise of same to my manager and retract the release with an apology.
5.
I cannot think of a time when I made a mistake because I didn't listen well to what someone had to say. I am a note taker and will re-read emails to make sure that I am answering all questions effectively regarding coverages and forms questions.
6.
Did not read the info properly and did not advise client of full procedure called client back and apologized corrected error and client was happy.
7.
I mistakenly submitted an application without the proper documentation, because the policy had not yet been updated, but my supervisor told me to document differently. I thought he was wrong.
8.
I had issues early in my army career with sometimes missing the big picture as I would get lost in figuring out many of the terms and acronyms that were new to me. I learned a nice trick to bring a small notebook to me and whenever was being addressed by a highe rank or supervisor with instructions I took notes to reflect on in case I needed to go back to the instructions.
9.
I have not made a mistake by not actively listening, if I do not understand something I always ask for further details.
10.
Forgot to logon back on my phone after receiving a telephone call.
Question 5 of 36
What motivates you as an underwriter?
User-Submitted Answers
1.
My mitigation come from my dargther. The more I grow the more she grows. We take to each other everyday and I motivate and in courage her to stay focus on her classes.
2.
Good healthy competition motivates me. I want to win and be on top.
3.
I always enjoy new challenges and thats what underwriting has been for me.
4.
I am competitive and don't like to leave things unfinished, so I like to make sure that all the details are exactly in the right place and the information is correct.
5.
Identify the internal and external risks / hazards that poses threat, systemic analysis of various contributing and leading factors (e. G. Extend of the exposure, multiple exposures)
6.
Research and decision making love the aspect.
7.
I am motivated by the rewards of being an underwriter. Recognition, incentive and high quality praise.
8.
Company profitability and relationships. My role as an underwriter is to bring premium to the company. I am also motivated by a challenge. Changing career paths will pose an initial challenge as with any job these is a leaning curve, but knowing I may be less experience than my peers will motivate me to gain the valuable experience to excel in the role.
9.
I'm motivated by the business aspect of the job. While a claim rep Ive had experience with the customer service aspect of the job. Learning and excelling in a more business mindedd setting would help round out my abilities in insurance.
10.
To be able to do the deal for the customer.
11.
My current role Is in alignment with underwriting and therefore I see this as a natural progression wanting to challenge my self and maximise my potential.
Question 6 of 36
Tell me about your education. How has it prepared you for a career as a Underwriter?
User-Submitted Answers
1.
I have worked in the insurance industry for 20 years and have 15 years of Middle Market Commercial underwriting experience. On the job training and learning from the great people around me has prepared me to be successful.
2.
I am a holder of a Bsc Statistics and this has given me numerical advantage.
3.
My degree in accounting introduced me to underwriting and overlaps with a lot of the same skills and attributes necessary for success as an underwriter. I would likely have chosen finance instead of accounting if LU had offered it because my interest in it is high.
4.
Medical and law no specific education in insurance but over two years in the field great knowledge of procedures and policies including cost containment.
5.
I am a political science major. While my formal education may not have prepared me for the business aspect of the job it did involve active discussions and debates which has helped me with my communication abilities. Additionally, my training in the army has provided me with the experiences necessary to overcome obstacles in addition to valuable leadeship skills.
6.
I have a degree in economics and finance.
Question 7 of 36
Why do you want a career as an underwriter?
User-Submitted Answers
1.
Because I love railroad. I was trained by the best person in the industry. I am a young single mother and I want to see where my career can take me.
2.
I wanted to be an underwriter when I first started at SR. Had the HR not willing to make an exception, I would have not open to broking and until today.
3.
This will be the moment when I will real challenges.
4.
I love the routine of doing a valuable task each day with the opportunity to use my critical thinking and decision making abilities to accomplish things that might be difficult for other people. I am competitive, so I want to be the best at what I do, and I want to get involved in the insurance/finance field in order to establish myself as a leader in a large industry.
5.
I enjoy the challenges presented in mortgage underwriting.
6.
I've been in claim for over 5 years and have always been drawn to the UW field. I think my personlity is well suited to succeed in the relaionship driven field. The business aspect of the job intrigues me as well. While in claim I am constantyl cost conciouse, I think being on the money making side of the business will drive me.
7.
Business aspect of the job intrigues me. I believe I have the personality and experience to handle and maintain agency relations as well as the customer service side of the position. After years of cost management on the claim side I am interested in being more involved in the profit making side of the business.
8.
I enjoy the interaction with the brokers and customers, I enjoy investigating the deal.
9.
I want to maximise my potential and realise my true potential.
Question 8 of 36
Share an experience you had in dealing with a difficult person and how you handled the situation.
User-Submitted Answers
1.
I have an example of one of our agents that we weren't doing a lot of business with at first but is now one of our best agents. One of the account managers that places all of the business for a couple of producers within the agency, can be very difficult. She is older and set in her ways. When I first started working with her, I noticed that she sounded very stern in her emails and seemed to yell a lot. We had a talk with her and let her know that we are here for her and will work with her to get problems resolved and questions answered quickly. She ended up backing down when she realized the level of service we were able to provide. Now when we visit her office, we get hugs and praise. This agency is now one of our best.
2.
I had a client who was very difficult when it came to settling of claims.
3.
I am very thick-skinned and allow difficult people to roll off my back with no troubles. I am not afraid to confront someone if they are being difficult by offering a graceful correction. My wife is extremely sensitive and she has greatly refined my ability to delicately handle interpersonal conflicts. One specific time is when a student was yelling at me for something unrelated to my duties in the phone as an Advisor. I calmly let her express herself and then decisively directed her to what she needed.
4.
Advised on applicable benefit and exclusion and client did not meet requirement client got upset and wanted further explanation clarified situation by reasons verbatim and emphasized on rules and procedure firmly and with diplomacy.
5.
In claim we tend to deal with dificult people more often than not. In one specific claim I had problems with a claimant not undestanding the difference between first and thid party policies and was insistent that I open a claim and eventually pay him his alleged damages. While I had multiple conversations attempting to explain this the gentleman did no understand which prompted me to draft a letter explaining the differences between the policy and strongly suggesting he has no further contact with the company at this time. The letter was so well received by my team that I has become the standard document for these situations.
6.
I had to put a previous manager under performance review, I took time to find out the problems with evidence and set a structured plan to turn it around.
7.
Last week revived a call from a very angry customer who call my department in error. Even though I wasn't familiar with the process calmed the situation, found the realivant responsible and called the customer back to advise issue has been resolved and to receive confirmation of this.
Question 9 of 36
Are you efficient with your time?
User-Submitted Answers
1.
Very efficient. I will always look for ways to get the job done efficiently. The point is to get the job done! What can I control and what can't I control? How can I get the outcome I need in a timely manner?
2.
I am extremely efficient with time and am highly time conscious.
3.
I am very efficient with my time. Working from home, I knew I had to be or else I would fail or get fired. I have many examples of family members who work from home who taught me and encouraged me to manage my time well. I love researching time management (TMN) and taking control of my days.
4.
Great time management my stats proves it good organization skills learned to prioritize.
5.
Yes, I plan my workload in the morning, and retook at it at midday.
6.
I am because as a parent I need to be to help my children realise their full potential.
Question 10 of 36
Tell me something about yourself that is not on your resume.
User-Submitted Answers
1.
I have lived in Texas almost all of my life. I reside in Frisco with my husband, 12 year old daughter, my mother, and two dogs. I enjoy the outdoors and spending time with family and friends. I have worked for Hanover for almost 4 years and it is truly the best insurance company. I like that Hanover hires experienced individuals who work hard to get the job done. We work as a team even though we are in constant competition with one another. We all want each other to succeed and build our business and profitability.
2.
I have 7 years experience and am enthuastic.
3.
Bilingual EA with medical and law background energetic and focus.
4.
I have many years of office management experience. I've done everything from taking out the trashes to signing checks for payroll.
5.
While my resume shows I handled chemical agents with the Army what it does not show was the struggle I went through to achieve my goal of enlisting. As you can imagine the role required hours upon hours of wearing a gas mask. Unbeknownst to me at the time I suffer from claustriaphobia and experienced my first panic attacks when I first put the mask on. I was highly embarassed at the time but was detemined to get through my training. The way I was able to overcome this was to wear the gas mask a little longer each night after training while watching television. After about a week or 2 I overcame my panic and was able to thrive during the rest of my training.
6.
I love to spend time with my 2 grandchildren.
Question 11 of 36
Do you consider yourself to have strong research skills?
User-Submitted Answers
1.
I have an aquisitive personality which lends itself to research. I oftene need to research case law and trends for my current job so I do feel that I have strong research skills.
2.
I do especially in my current role as a group risk consultant.
Question 12 of 36
If I were to speak with your social circle, what would your friends say about you?
User-Submitted Answers
1.
Positive attiude, outgoing. Slightly competitive.
2.
Approachable, committed and sometimes quiet.
Question 13 of 36
Successful underwriters must have good judgement and common sense. Would you consider yourself to fit in those categories?
User-Submitted Answers
1.
Yes. These are traits necessary in claim handling as well. If a demand comes in at $100,000 and you know trying a case that could potentially be defensible you need to have sound judgment to make this call. I also think I am decisive once I make my decisions as well.
2.
Yes I review the whole package before making a decision,
Question 14 of 36
Do you consider yourself more analytical or a free thinker?
User-Submitted Answers
1.
Absolutely analytical. I weight the positives and negatives of my decision and make a decision. I am confident in my instincts because of my analytical nature to make these decisions.
Question 15 of 36
Give an example where you have had to use your negotiation skills.
Question 16 of 36
When will your current project be completed, or when will be the next logical time to be able to leave on good terms with your team?
Question 17 of 36
Give an example where you have supported a loan that did not comply with FHA loan guidelines?
Question 18 of 36
Give an example where you have had to challenge loan documentation based on fraud detection processes you use.
Question 19 of 36
What is your greatest strength? How does it help you as an Underwriter?
User-Submitted Answers
1.
I work well under pressure. When the going gets tough, which it will at times, I will not crack under the pressure. I will work harder and utilize the tools available around me such as specialized claims services and risk solutions in order to win the account.
2.
I am intensely focused and will work on something until it is complete. It helps me as an underwriter to stay on top of my duties and to get all of my work done, easily managing multiple assignments at the same time.
3.
Dynamic great customer service attention to detail love research great team player.
4.
My attention to detail is my greatest strength, attention to detail is essential for an underwriter for risk purposes.
5.
I consider myself very strong in communication. I think this is a helpful trait in building and maintaining the elationships needed to succeed in UW
6.
Being proactive, helps get deals through on time, investigating with attention to detail.
7.
I am very diligent and always striving to improve my self.
Question 20 of 36
Why are you the best candidate for us?
User-Submitted Answers
1.
I have 20 years of experience in the insurance industry and I am already an employee of Hanover. I already know the systems, managers, underwriters, operations staff, industry leaders, and I am a council member.
2.
Actuarial skills plus insurance knowledge.
3.
I have already finished my Master's degree and I am ready to make the move from an entry-level, dead-end job to a career in a field that interests me greatly and has many opportunities to put my skills to best use for the value of the company.
4.
My knowledge as an ea claims and background as s medical assistant and law clerk not mentioning the fact that I ambling use would make me the ideal candidate I am also interested in an risk assessment course.
5.
I undertand the product and can effectively identify risks based on my years in claim handling. I
6.
I have a wealth of experience within the financial industry, with a full understanding of the process from beginning to end.
7.
I have a wealth of experience across the industry which helped with understanding the customers and lenders needs.
8.
I am loyal, very hardworking, flexible, work very well as part of a team and willing to try new challenges.
Question 21 of 36
What do you know about our company?
User-Submitted Answers
1.
Hanover has been in business for 164 years. Hanover is older than Chubb, Allstate, and Travelers. This company was recently recognized by Forbes magazine as one of the best places to work. Hanover works differently than their competitors and has a limited distribution. In Texas alone, there are only 125 agencies appointed. Hanover isn't available to everyone which gives our agents an edge over the competition. Hanover builds strong relationships with their agents and will collaborate with Claims and Risk Solutions on accounts under $400K in premium.
2.
This is the 100th year of operation. #398 on the Fortune 500. Mutual insurance company. Martin Truex Jr. Highest claims satisfaction in 2015 by JD power.
3.
Travel insurance has been around s long time and cater to multiple client all over the world.
4.
I know the company is based in Worcester and is a Fortune 500 company. I understand Hanover is venturing into the international filed a well with their fairly recent acquisition of Chaucer Holdings in England. I've always heard the company has great culture as well. I also understand it offers a wide range of products in beyong the Professional Liability program this position handles.
5.
One of the top 6 insurance companies in the U.K.
Question 22 of 36
What has been your greatest accomplishment as an underwriter so far?
User-Submitted Answers
1.
My greatest accomplishment as an underwriter so fast has be retaining the renewal book after the company closed our Dallas and Canadian office.
2.
My greatest accomplishment was when we pipelined and worked hard to bring home a profitable $1.2 Mill account. That was the greatest feeling and the largest account we had put on the books.
3.
Ensuring the company is a profit making tool.
Question 23 of 36
What has been your biggest disappointment as an underwriter so far?
User-Submitted Answers
1.
I have yet to have any true disappointments as I am still growing with the world of railroad underwriting.
2.
My biggest disappointment was losing a very profitable renewal account. We have a broker that markets their renewals every year. We hadn't lost any of our renewals but had to change our approach when we lost a profitable professional account that took us by surprise. To date, we have not lost any of our other renewals with this agency.
3.
The feeling of getting my first deal through.
Question 24 of 36
What is the most difficult situation you have had to face and how did you tackle it?
User-Submitted Answers
1.
Learning to work with new and mulitipule system. I just got access to the programs and started working in them. I believe that the only true way to learn anything new is to get your hands dirt.
2.
One of the most difficult was when we were working on the $1.2 mill account and had to answer in depth coverage comparison questions in a matter of minutes in order to show and prove how we are the best carrier and solution for our client.
3.
Failing an exam I had to rewrite.
4.
Completely revamping the QSDD. That, or leading calibrations. I handled it by identifying the objective(s) and the things that contribute to distraction and inefficiency and came up with solutions.
Question 25 of 36
Give me a time when you went above and beyond the requirements for a project.
User-Submitted Answers
1.
When our office in Baltimore, MD had problems and I had to work in two states at the same time.
2.
Going above and beyond is what I strive for on a daily basis. I will work as long as it takes in order to deliver the best result for our company, our agents, and our insureds.
3.
We are often tasked with providing feedback on certain categories during an audit but I routinely provide additional relevant information and even reformat the excel to make it more user and reader friendly.
Question 26 of 36
What are the steps you follow to study a problem before making a decision?
User-Submitted Answers
1.
The steps that I would take is to first get as much history or background of the problem, second find out whoare involved in the problem. Understanding how and why the problem with aid me in making a decision.
2.
I think about the problem and ask what is the outcome we want? How do I go about getting the outcome? Who are the people involved? Who needs to be involved? What steps do I need to take in order to get the answers I want?
3.
I read through, analyse and then have options before settling for a solution.
4.
I am a researcher, so I will look at multiple sources to be sure I understand it, but not too many because I know there are diminishing returns. I evaluate the goal of making the decision and then decide what is the best path to get there in the most effective way.
Question 27 of 36
What do you do when your time schedule or project plan is upset by unforeseen circumstances?
User-Submitted Answers
1.
To counteract unforseen circumstances, I always try to leave room for error. I try to get as much of my work done in advance so that I am not rushing to complete anyone account.
2.
Work harder and involve management if needed in order to get the job done. Bottom line is get it done.
3.
I have to work extra time.
4.
I am able to put aside minor distractions (including built-in break periods) in order to work like a freight train to get caught back up.
Question 28 of 36
How do you keep track of work so that it gets done on time?
User-Submitted Answers
1.
Desk management. I track my by using a pipeline to track both my renewal accounts as well as my new business.
2.
I constantly keep "to do" lists daily, weekly, and monthly. When new things get thrown my way, I adjust my schedule. It is all a balance because we can never predict what may come our way. I just push forward and keep working on the next thing, etc.... Multi-tasking is the key.
3.
I always follow through my diary.
4.
I love to make lists and write on notecards. Evaluation is impossible without information so I like to record times things are completed and to break them into small chunks to make a more reasonable estimation of progress.
Question 29 of 36
Have you ever been overloaded with work? What did you do to ensure your deadlines were met?
User-Submitted Answers
1.
I would not say overloaded. I would say I have handle larger work load.
2.
We all have our fair share of intense work load. I believe I was fortunate to handle more complex cases that requires alot of effort and time and committment.
3.
I think we can all say that we have been especially busy at certain times. This business ebbs and flows and can be a little unpredictable. When I feel that I have too much, I will delegate some tasks to others. I will also prioritize my work and will work longer hours if necessary to get everything done. The biggest thing is delegating and letting others help before things start to fall through the cracks. This is the part of the job that I love. I like a challenge.
4.
Not in my current job. Sometimes with life circumstances, but outside of the occasional tidal wave of things coming up at the same time, I am well-equipped to manage my workload so that I don't ever get overloaded.
Question 30 of 36
What initially attracted you to the insurance industry, and what keeps you here?
User-Submitted Answers
1.
My attraction to underwriting railroad came from Mr Robert Keller. I had the oppertunity to work and be train by the number one man in the industry. As you may already know ms dduper was also trained by Mr Keller as well and look where she is today. So for me I would like to see were my career as an underwriter takes me.
2.
I got into this industry by "accident". However having embarked into this industry I have never look back since. Everyday is new and exciting. Insurance surrounds economics, geography events and politics - very humane which I feel the "ups and downs".
3.
I love insurance and people. It is the best of both worlds. I love the competitiveness and winning accounts and being the best.
4.
Its an industry that offers positive results.
5.
I love finance and working with numbers. Insurance is a big, broad field with a lot of opportunities and a large role in the economy. I look forward to being in a job that I can call a career and seek to find my niche of expertise in order to advance in the company and in my professional field.
Question 31 of 36
What professional goals have you set for yourself this year?
User-Submitted Answers
1.
The goals that I have set for myself this year to be employed by a company that is just as excited about railroad as I am and believe that xl just might be that company as you just open up a railroad department.
2.
Other than looking for a uw position, I will be working towards the next officer title achievement.
3.
To get this job and work hard to exceed my goal and expectations.
4.
I want to see myself get a moving career as an underwriter.
5.
1. Get a new job 2. Save money each month 3. Cook at home more frequently 4. Strength training 5. Read books.
Question 32 of 36
What do you dislike the most about being an underwriter?
User-Submitted Answers
1.
I am not currently an underwriter so I can't say.
2.
Never been one not my area of expertise but welcome the challenge.
Question 33 of 36
How would you compare your current job to that of an underwriter?
User-Submitted Answers
1.
Currently, I am am underwriter. I amjust looking for a company that is existed about railroad.
2.
In my current role, I am responsible for our renewal book of accounts ranging in size from $25K to $1.2 Mill. I have had the opportunity to shadow and learn from the great people around me. I have traveled on agency visits and have seen several presentations. I have learned how to pipeline and solicit new business.
3.
I am already an underwriter.
4.
It is very analytical and detail oriented. I must use critical thinking and time management to get my tasks done. It is computer-based and requires technical skills.
5.
Multi tasking and one resting but not as challenging as underwriter.
Question 34 of 36
Tell me about your financial training and education.
User-Submitted Answers
1.
I have not had any financial training. As for my work expierence. I have been the insurance world for a very long time.
2.
I have 15 years of experience in evaluating the pricing and loss experience for new business and renewal accounts.
3.
Financial training is limited and as for work experience I have 7 years of experience.
4.
Outside of my degree I don't have any formal financial training. I have worked for my parents' business helping them with their quickbooks and bill pay. I actively read about finances and am greatly interested in learning more and applying my interest to the work environment.
5.
4 years as a med tech and assistant including ECG tech 5 years law clerk including process server and accounting certificate.
Question 35 of 36
If not an underwriter, what other role within insurance would you like to be in?
User-Submitted Answers
1.
Because railroad is a exciting world. Underwriting railroad is such a special and unique field and I want to be a speciality railroad underwriter.
2.
Because winning an account is the best feeling in the world especially when it was sold based on our services and value proposition and not price.
3.
I am very interested in the financial field. I am numbers-oriented and very analytical. Underwriting provides a unique opportunity to put my skills to use while developing my knowledge-base and professional skillset.
4.
With my attention to detail I hope to make choice decisions that will benefit the company immediately and over a period of time.
5.
I am curently in claim and can envision myself continuing in that role. I also believe I could be a sucessful manager in the future as well.
Question 36 of 36
What are your general guidelines related to applicable ratios (i.e Debt ratios, loan-to-value)

About Underwriter

August 18th, 2017

An Underwriter evaluates the risk associated with providing insurance coverage or a financial loan to an individual or business. Based on data and analytics, they make recommendations to approve or deny insurance and/or loan applications. Most Underwriter positions will require a minimum Bachelor's Degree in a Finance or Business related field. Some regions may require additional Insurance related certification(s).

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