Will “Underwriting Consultant” be Automated?

Core Skills & Abilities

• Authorize reinsurance of policy when risk is high.

• Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.

• Evaluate possibility of losses due to catastrophe or excessive insurance.

• Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.

• Decline excessive risks.

• Review company records to determine amount of insurance in force on single risk or group of closely related risks.

• Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.