Will “Insurance Underwriters” be Replaced By Robots? 🤔

100 % Chance of Automation

“Insurance Underwriters” will definitely be replaced by robots.

This job is ranked #698 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Review company records to determine amount of insurance in force on single risk or group of closely related risks.
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.
Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
Decline excessive risks.
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.