Resume Skills and Keywords for Insurance Underwriter

Insurance underwriters assess insurance applicants. They decide if a potential consumer should be insured and, if so, recommend a rate that is reasonable for that degree of risk. Underwriters employ software to analyse clients' risk profiles and compute expenses. Insurance underwriters collaborate closely with insurance agents, who have direct contact with customers, and actuaries, who undertake sophisticated calculations to predict the risk of accidents and other calamities affecting a certain group of people.

Skills required for an Insurance Underwriters role

  • Underwriting Guidelines
  • Life Insurance
  • Insurance Companies
  • Health Care
  • Customer Service
  • Insurance Underwriting
  • Insurance Brokers
  • Policy Terms
  • Legal Documents
  • Claims Department
  • New Insurance Policies

What recruiters look for in an Insurance Underwriter's resume: 

  • Proficiency in analyzing new business and renewal policies to determine eligibility and controlled & restricted risks based on compliance with underwriting guidelines.
  • Skilled in reviewing life underwriting processes used and established guidelines that helped underwriters perform duties with maximum quality and efficiency.
  • Competent at evaluating and classifying risks by determining eligibility for Insurance coverage via Underwriting Guidelines

What can make your Insurance Underwriter's resume stand out:

A strong summary that demonstrates your skills, experience and background in BFSI

  • Insurance Underwriter with skills in financial analysis, risk assessment, client communication, and assessing the effects of policy change. A  highly organised and efficient individual who excels in fast-paced, and high-pressure settings. Expert at consulting with clients who need troubleshooting help. 

Targeted job description 

  • Proofread and update contracts and renew policies for clients.
  • Provide a wide range of customer service, applying diplomacy and assertiveness to obtain extensive business information for policy coverage.
  • Retain positive relationships with account executives and brokers to maintain a high level of customer service

Related academic background 

  • BBA |  Christ University, Bangalore

Sample Resume of Head of Insurance Underwriter in Text Format

PARUL SINGH 

Insurance Underwriter 

7869493527 | parulsingh@gmail.com | Jaipur, India | https://www.linkedin.com/in/parulsingh/ 

SUMMARY 

Insurance Underwriter with skills in financial analysis, risk assessment, client communication, and assessing the effects of policy change. A  highly organised and efficient individual who excels in fast-paced, and high-pressure settings. Expert at consulting with clients who need troubleshooting help. 

SKILLS 

  • Insurance Underwriting 
  • Risk Assessments 
  • Financial Statements Review 
  • Inspection Reports 
  • Customer Service 
  • Policy Change  Advisory 
  • Claims Management 

EDUCATION 

  • BBA |  Christ University, Bangalore 

EMPLOYMENT HISTORY 

Insurance Underwriter |  A&M Insurance Brokers, Jaipur | 2019 - 2022 

  • Interview clients, provide customer service and obtain information on claims. 
  • Correspond with agents to obtain information or inform them of account status or changes. 
  • Reviewed data, such as age, name, address, and principal sum and value of the property on insurance applications and policies. Collect initial premiums and issue receipts. 
  • Notify insurance agents and the accounting department of policy cancellation. 
  • Calculate premiums, refunds, commissions, adjustments, and new reserve requirements, using insurance rate standards. 

Insurance Underwriter | Universal Sompo General Insurance Co. Ltd., Jaipur | 2017 - 2019

  • Analyzed and reviewed lines of business to develop recommendations and assist in achieving and maintaining a profitable book of business. 
  • Led acceptance continuation, proper pricing, placement, and termination of risk or other policy limitations within assigned levels of authority. 
  • Served as a resource to agency leadership and agents in support of company programs. 
  • Monitored team production and status and perform quality control checks, 
  • Represent the company at industry meetings, committees, examinations, and arbitration hearings and trials. 

CERTIFICATIONS 

  • Associate in General Insurance (AINS) 
  • Certified Insurance Examiner (CIE) 

LANGUAGES 

  • Hindi 
  • English 
  • Spanish