Underwriter Job Description Template

An underwriter is responsible for the financial assessment of potential insurance customers and determining whether or not to provide coverage. This includes reviewing applications, conducting interviews, ordering reports, and analyzing data to determine risk. The underwriter must also be able to negotiate premiums and coverage with agents and customers.

Underwriter Job Responsibilities

  • Review and analyze loan applications
  • Calculate risk of default
  • Determine if loan meets guidelines
  • Issue approval or denial
  • Prepare reports on findings


  • To price and underwrite new and renewal business in accordance with Company guidelines.
  • To provide prompt, courteous service to agents and policyholders.
  • To maintain high standards of ethical conduct and professional integrity.
  • To keep abreast of changes in the insurance marketplace and Underwriting guidelines.
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Underwriter Job Skills & Qualifications Needed

  • There are a few key skills and qualifications that are needed to be an underwriter. Firstly, it is important to have strong mathematical skills as underwriters use these frequently to assess risk. Secondly, excellent communication skills are essential as underwriters need to be able to explain their decisions clearly to clients. Finally, it is important for underwriters to have experience in the insurance industry, as they need to understand the products and services that they are assessing.