Insurance Underwriter Resume Samples

An Insurance Underwriter is responsible for analyzing risks in insurance policies and proposals. The job description includes determining the policy’s terms and conditions and assisting in calculating premiums. A well-crafted Insurance Underwriter Resume mentions the following core tasks and duties – examining proposals, collecting background information, determining premiums, analyzing statistical data, writing quotes; preparing terms and conditions; deciding the policy wordings; and performing insurance premium related tasks.

To take up this role as an Underwriter, the person should possess certain basic skills and qualifications such as – a flair for insurance and risk management, strong financial knowledge, strong written and verbal communication skills, hands-on experience in the finance sector; and knowledge of principles and policies governing the insurance sector. The education that is required to get into this role includes a degree in Arts or Management.

 

Insurance Underwriter Resume example

Insurance Underwriter Resume

Summary : Experienced and organized Insurance professional with excellent language skills in financial fields. - Experienced in underwriting applications for railroad job insurance - Excellent ability to advise and providing support for field staff and agents. - Expertise in the development of training programs and manuals.

Skills : Management, Organizing.

Description :

    1. Performs the data analysis in the insurance application forms.
    2. Determines the credit worthiness of the applicant from insurance application form and intriguing cases.
    3. Compares the status of the applicant according to the state insurance laws and legislation.
    4. Provides training to the junior underwriters and explain them the underwriting policies and strategies.
    5. Prepares the underwriting manuals for the trainees.
    6. Collects the information about the applicants.
    7. Evaluates the applicants based on the underwriting strategies.
    8. Calculates the risk involved as per my company rules.
    9. Prepares and submits the report to the management.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Associate


Sr. Insurance Underwriter Resume

Summary : To be dedicated on building, maintaining client relationships, and improving the company's growth by applying transferable skills, extraordinary customer service, adhere to the company's principles, and create accurate and efficient work.

Skills : Word Processing, Microsoft Office, Customer Service, Management, Bookkeeping, Housekeeping, Housekeeping, Excel.

Description :

    1. Handled a high-volume workload within a deadline-driven environment and consistently met or exceeded performance benchmarks in all areas (customer service, speed, accuracy, and volume).
    2. Analyzed clients' claims, electrocardiograms (ECG), blood chemistry profiles, prescription drugs, Attending Physician Statements (APS), financial reports, motor vehicle reports (MVR), and/or criminal background reports to determine their eligibility for Life insurance coverage.
    3. Calculated the clients' appropriate risk classes via reinsurance manuals to determine their eligibility for renewals, riders, premium rates, and/or coverage amounts.
    4. Communicated, negotiated, and solved difficult underwriting/new business issues in a timely manner with agents, brokers, customers, and team members via e-mails and telephone.
    5. Consulted with medical director on medical necessity, medical appropriateness issues/decisions, and appeal review processes.
    6. Led team building activities and medical topic presentations through monthly team meetings.
    7. Followed underwriting procedures and policies for communicating and documenting all offers.
    8. Wrote letters to clients to explain reasons for underwriting adverse decisions.
    9. Investigated and provided meticulous attention to details in complex underwriting documents for fraud, rescission, and appeals.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Bachelor's


Jr. Insurance Underwriter Resume

Objective : Seeking an Insurance Underwriter position in which experiences and skills can be effectively utilized.

Skills : MS Office, Management.

Description :

    1. Interviewed clients and take their calls to provide customer service and obtain information on claims.
    2. Processed and recorded new insurance policies and claims.
    3. Corresponded with insured or agent to obtain information or inform them account status or changes.
    4. Reviewed and verified data, such as age, name, address, and principal sum and value of property on insurance applications and policies.
    5. Collected initial premiums and issue receipts.
    6. Notified insurance agent and accounting department of policy cancellation.
    7. Calculated premiums, refunds, commissions, adjustments, and new reserve requirements, using insurance rate standards.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Assistant

Insurance Underwriter I Resume

Objective : To be considered for the position as Underwriters work in the Auto or Fire areas within the Personal Lines and Business Lines departments.

Skills : Management, Organisation.

Description :

    1. Analyzed financial data.
    2. Evaluated degree of financial risk.
    3. Followed contract, property, or insurance laws.
    4. Gathered relevant financial data.
    5. Identified financial risks to company.
    6. Inspected property.
    7. Reviewed data on insurance applications or policies.
    8. Used computers to enter, access and retrieve financial data.
    9. Wrote business correspondence.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Entry Level
Education
Education
Business

Insurance Underwriter II Resume

Headline : Administrative Support professional with more than 10 years experience in client relations and problem solving. Highly organized and efficient individual who performs well in fast-paced, detail-oriented environment. Provides exemplary customer service for client and companies.

Skills : Management, MS Office.

Description :

    1. Negotiated and created underwriting agreements Create exclusivity agreements Analyze insurance applications.
    2. Approved or deny applications based Conduct independent investigations of applicants.
    3. Performed background checks.
    4. Worked with appraisers to determine value of items.
    5. Determined proper premiums and policy terms.
    6. Set specific policy terms and conditions.
    7. Ensured the insurance company charges just the right amount for the coverage it provides.
    8. Analyzed risk assessment Quote prices.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
Associate's

Insurance Underwriter III Resume

Summary : Enthusiastic with a passionate drive. Hard working, responsible and dependable. Excellent under pressure and high paced situations. Skilled at consulting with clients seeking assistance with troubleshooting. Excellent leadership and team-building skills. Adaptable to transitions between small and large tasks and susceptible to change. Excellent comprehension and retention.

Skills : Microsoft Office, Risk Management.

Description :

    1. Underwrote auto and homeowner policies throughout CA, AZ, WA, OR, UT and NM.
    2. Carefully reviewed all data and determined eligibility and/or premiums.
    3. Traveled throughout the region with marketing staff to meet new and existing agents.
    4. Trained new underwriters in company policies, guidelines and procedures.
    5. Improved loss ratio and increased premiums.
    6. Promoted from Associate Underwriter.
    7. Trained new hires as territories expanded in revenue.
    8. Developed own workload to improve overall efficiency.
    9. Completed Emerging Leaders Program.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
B.A.

Associate Insurance Underwriter Resume

Objective : To develop and increase skills and knowledge, working in a prestigious company such as yours.

Skills : Management, Organizing.

Description :

    1. Performs support duties as assigned by underwriter or via standard procedures.
    2. Reviews applications and supplemental underwriting information for discrepancies and material changes from online system submissions and policy.
    3. Performs policy endorsements, cancellations, renewal support and non renewals in accordance with established bulletins and procedures.
    4. Ensures all transactions are processed in accordance with regulatory requirements.
    5. Acts as liaison between various departments and Underwriting to ensure policies are issued correctly and premiums are booked and billed properly.
    6. Supports underwriting audit and forensic audit process and procedures.
    7. Responsible for Effective interdepartmental interface, including business development, claims, risk control, premium audit, legal, financial and internal audit.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Arts

Associate Insurance Underwriter Resume

Headline : Strong background and knowledge in Insurance Underwriter Very diverse and able to adapt quickly in fast pace working environment Over 9 years of insurance professional knowledge.

Skills : Management, Organizing.

Description :

    1. Dealt with new and existing business, renewals and mid-term adjustments within authority.
    2. Provided technical support to other parts of the business & external customers and process a case load of household claims.
    3. Analyzed claims made by policy holders and collected accurate information and documents to proceed with claims.
    4. Advised policyholders on how to proceed with the claim.
    5. Monitored progress of claims and investigating potentially fraudulent claims.
    6. Reviewed loss notices, confirm and interpret policy coverage's.
    7. Handled all aspects of insurance from sales quotation stages to renewals of Household, Travel, Motor and Personal Accident policies.
    8. Processed mid-term adjustments and cross selling other products to meet targets and maximize business profit.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
Bachelor's

Lead Insurance Underwriter Resume

Summary : Several years of management skills developed while working in the engineering field and owning a business. Currently working in the insurance and financial services field and have mentored many new professionals.

Skills : Microsoft Office, Peoplesoft Financials.

Description :

    1. Calculated quotes and educated potential clients on insurance options.
    2. Tracked the progress of all outstanding insurance claims.
    3. Conducted annual reviews of existing policies to update information.
    4. Mentored 12 entry-level brokers.
    5. Followed up with customers on unresolved issues.
    6. Addressed an average of 10 customer inquiries and complaints each week.
    7. Met with prospective customers and business owners in their homes, businesses and other settings.
    8. Evaluated the accuracy and quality of data entered into the agency management system.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Bachelor's

Insurance Underwriter Resume

Summary : Underwriters are responsible for speaking with State Farm Agents and their team members and a production areas that processes applications. You must be flexible regarding placement, as you may be placed in any role or functional area based on business needs.

Skills : Management, Organizing.

Description :

  • Analyzes and reviews lines of business to develop recommendations and assist in achieving and maintaining a profitable book of business
  • Responsible for acceptance continuation, proper pricing, placement and termination of risk or other policy limitations within assigned levels of authority
  • Serves as a resource to agency leadership and agents in support of company programs
  • Consults/communications/advises Agents and policyholders on company and industry policies in their assigned area regarding loss mitigation, loss control; and marketing opportunities
  • Monitors team production and status and may perform quality control checks, advising management of concerns
  • Prepares for or represent the company at industry meetings, committees, examinations, and arbitration hearings and trials
  • Successfully completes the training program
  • Applies fundamental knowledge of company underwriting practices, policies and federal and state requirements
  • Participates in special projects and committees assigned by management
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Associate's

Insurance Underwriter Resume

Objective : Seeking a position in which my experiences and skills can be effectively utilized.

Skills : Excellent In Msword, Powerpoint, Excel.

Description :

    1. Interview clients and take their calls to provide customer service and obtain information on claims.
    2. Process and record new insurance policies and claims.
    3. Correspond with insured or agent to obtain information or inform them account status or changes.
    4. Review and verify data, such as age, name, address, and principal sum and value of property on insurance applications and policies.
    5. Collect initial premiums and issue receipts.
    6. Notify insurance agent and accounting department of policy cancellation.
    7. Calculate premiums, refunds, commissions, adjustments, and new reserve requirements, using insurance rate standards.
    8. Modify, update, and process existing policies and claims to reflect any change in beneficiary, amount of coverage, or type of insurance.
    9. Transcribe data to worksheets and enter data into computer for use in preparing documents and adjusting accounts.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Medical Assistant

Insurance Underwriter Resume

Summary : Highly motivated multi-tasking team player with vast experience in customer service, the food industry, insurance and retail seeking full or part time employment.

Skills : Quick Books, Microsoft Office, Filing, Scanners, Faxing, Payroll, Human Resources, Billing And Payments, Collectiions.

Description :

    1. Boise, Idaho 15 years experience as an Underwriter for Idaho's largest Workers Compensation carrier providing information for compliance with Idaho Workers Compensation Law Review, interpret, and maintain knowledge of legal Idaho codes and rules for workers compensation insurance.
    2. Provide wide range of customer service, applying diplomacy and assertiveness to obtain extensive business information for policy coverage.
    3. Quote applications, processing policies, endorsements and certificates of insurance.
    4. Communications by means telephone, walk in appointments or onsite inspection meetings with clients, Insurance Agents, Legal Officials and other State Agencies.
    5. Represent the State of Idaho or clients in courts of law regarding insurance policy contract disputes and injured workers rights.
    6. Team performance conducted to provide continuous risk management for improving work and safety incentives with Clients.
    7. Computer training, processing and experience with Insurance Programs.
    8. Extensive telephone and costumer service skills provided for local, out of state and international insurance issues.
    9. Calculation of premiums, experience modifiers, employee classifications and rates.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
High School Diploma

Insurance Underwriter/ Resume

Objective : To be considered for the position as Transportation Coordinator.

Skills : Microsoft Office, Forklift Operator, Heavy Equipment Operator.

Description :

    1. Analyzed financial data.
    2. Evaluated degree of financial risk.
    3. Followed contract, property, or insurance laws.
    4. Gathered relevant financial data.
    5. Identified financial risks to company.
    6. Inspected property.
    7. Reviewed data on insurance applications or policies.
    8. Used computers to enter, access and retrieve financial data.
    9. Wrote business correspondence.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Entry Level
Education
Education
Small Business And Entrepreneur

Insurance Underwriter Resume

Objective : Administrative Support professional with more than 10 years experience in client relations and problem solving. Highly organized and efficient individual who performs well in fast-paced, detail-oriented environment. Provides exemplary customer service for client and company.

Skills : Microsoft Access, Word, Excel, Outlook, and Power Point Fluent English, Mandarin Chinese (verbal and written.

Description :

    1. Negotiate and create underwriting agreements Create exclusivity agreements Analyze insurance applications.
    2. Accompany insurance agents on sales calls.
    3. Approve or deny applications based Conduct independent investigations of applicants.
    4. Perform background checks.
    5. Work with appraisers to determine value of items.
    6. Determine proper premiums and policy terms.
    7. Set specific policy terms and conditions.
    8. Ensure insurance company charges just the right amount for the coverage it provides.
    9. Analyze risk assessment Quote prices.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Entry Level
Education
Education
Associate Of Science In Health Information Technology

Insurance Underwriter Resume

Objective : Enthusiastic with a passionate drive. Hard working, responsible and dependable. Excellent under pressure and high paced situations. Skilled at consulting with clients seeking assistance with troubleshooting. Excellent leadership and team-building skills. Adaptable to transitions between small and large tasks and susceptible to change. Excellent comprehension and retention.

Skills : Microsoft Office, Risk Management.

Description :

    1. Santa Ana, CA Underwrote auto and homeowner policies throughout CA, AZ, WA, OR, UT and NM.
    2. Carefully reviewed all data and determined eligibility and/or premiums.
    3. Traveled throughout the region with marketing staff to meet new and existing agents.
    4. Trained new underwriters in company policies, guidelines and procedures.
    5. Accomplishments: Improved loss ratio and increased premiums.
    6. Promoted from Associate Underwriter.
    7. Trained new hires as territories expanded in revenue.
    8. Developed own workload to improve overall efficiency.
    9. Completed Emerging Leaders Program (2011 to 2016).
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
B.A. In Business Administration & Management / Minor In Finance

Insurance Underwriter Resume

Objective : To develop and increase my skills and knowledge, working in a prestigious company such as yours.

Skills : Fluent speaker of English, Spanish and Korean, 5 years of experience on administrative positions, Experience in Word, Excel, Outlook, Quickbooks.

Description :

    1. New business submissions, clearance and information gathering, declination, BOR's.
    2. Perform support duties as assigned by underwriter or via standard procedures.
    3. Review applications and supplemental underwriting information for discrepancies and material changes from online system submissions and policy.
    4. Perform policy endorsements, cancellations, renewal support and non renewals in accordance with established bulletins and procedures.
    5. Ensure all transactions are processed in accordance with regulatory requirements.
    6. Rate submissions and endorsements to support rate structure proposed by underwriter and provide the underwriter with all of the underwriting data required to evaluate the risk.
    7. Act as liaison between various departments and Underwriting to ensure policies are issued correctly and premiums are booked and billed properly.
    8. Support underwriting audit and forensic audit process and procedures.
    9. Effective interdepartmental interface, including business development, claims, risk control, premium audit, legal, financial and internal audit.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Some College In Liberal Arts

Insurance Underwriter Resume

Summary : Strong background and knowledge in customer service Very diverse and able to adopt quickly in fast pace working environment Over 9 years of insurance professional knowledge.

Skills : Computer Microsoft word, Excel, PowerPoint, Publisher and Graphic Web Design.

Description :

    1. Deal with new and existing business, renewals and mid-term adjustments within authority.
    2. Provide technical support to other parts of the business & external customers and process a case load of household claims.
    3. Analyzing claims made by policy holders and collected accurate information and documents to proceed with claims.
    4. Advise policy holders on how to proceed with the claim.
    5. Monitoring progress of claims and investigating potentially fraudulent claims.
    6. Review loss notices, confirm and interpret policy coverage's.
    7. Handle all aspects of insurance from sales quotation stages to renewals of Household, Travel, Motor and Personal Accident policies.
    8. Process mid-term adjustments and cross selling other products to meet targets and maximize business profit.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
Level 3 Certificate Chartered Institute Of Personnel Development In Human Resources

Insurance Underwriter Resume

Summary : Several years of management skills developed while working in the engineering field and owning a business. Currently working in the insurance and financial services field and have mentored many new professionals.

Skills : Microsoft Office.

Description :

    1. 95822 Calculated quotes and educated potential clients on insurance options.
    2. Tracked the progress of all outstanding insurance claims.
    3. Conducted annual reviews of existing policies to update information.
    4. Mentored 12 entry-level brokers.
    5. Followed up with customers on unresolved issues.
    6. Addressed an average of 10 customer inquiries and complaints each week.
    7. Met with prospective customers and business owners in their homes, businesses and other settings.
    8. Evaluated the accuracy and quality of data entered into the agency management system.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
Electrical Engineering

Insurance Underwriter Resume

Summary : Experienced and organized Insurance professional with excellent language skills in financial fields. - Experienced in underwriting applications for railroad job insurance - Excellent ability of advising and providing support for field staff and agents. - Expertise in development of training programs and manuals.

Skills : Proficient in Microsoft Office Word, Excel, Power point, Access; Outlook, Adobe Acrobat Bilingual- Spanish.

Description :

    1. Perform the data analysis in the insurance application forms.
    2. Determine the credit worthiness of the applicant from insurance application form and intriguing cases.
    3. Compare the status of the applicant according to the state insurance laws and legislation.
    4. Provide training to the junior underwriters and explain them the underwriting policies and strategies.
    5. Prepare the underwriting manuals for the trainees.
    6. Collecting the information about the applicants.
    7. Evaluate the applicants based on the underwriting strategies.
    8. Calculate the risk involved as per my company rules.
    9. Prepare and submit the report to the management.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Associate Of Science In Science

Insurance Underwriter Resume

Objective : To be dedicated on building, maintaining client relationships, and improving the company's growth by applying transferable skills, extraordinary customer service, adhere to the company's principles, and create accurate and efficient work.

Skills : Word Processing, Microsoft Office, Customer Service, Management, Bookkeeping, Housekeeping, Housekeeping, Excel.

Description :

    1. Handled a high-volume workload within a deadline-driven environment and consistently met or exceeded performance benchmarks in all areas (customer service, speed, accuracy, and volume).
    2. Analyzed clients' claims, electrocardiograms (ECG), blood chemistry profiles, prescription drugs, Attending Physician Statements (APS), financial reports, motor vehicle reports (MVR), and/or criminal background reports to determine their eligibility for Life insurance coverage.
    3. Calculated the clients' appropriate risk classes via reinsurance manuals to determine their eligibility for renewals, riders, premium rates, and/or coverage amounts.
    4. Communicated, negotiated, and solved difficult underwriting/new business issues in a timely manner with agents, brokers, customers, and team members via e-mails and telephone.
    5. Consulted with medical director on medical necessity, medical appropriateness issues/decisions, and appeal review processes.
    6. Led team building activities and medical topic presentations through monthly team meetings.
    7. Followed underwriting procedures and policies for communicating and documenting all offers.
    8. Wrote letters to clients to explain reasons for underwriting adverse decisions.
    9. Investigated and provided meticulous attention to details in complex underwriting documents for fraud, rescission, and appeals.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Bachelor Of Science In Health Science