About the role
Underwriters, or risk assessors, primarily work within the insurance and finance industry to assess and analyze risks. They decide whether insurance applications should be approved and under what conditions, based on complex risk evaluation. Educationally, they may have a background in economics, finance, or law.Responsibilities
Underwriters review and evaluate applications for insurance, loans, or other financial products. They analyze the customer's risk profile and history to make well-informed decisions. Their work also involves determining premium rates, terms, and exceptions for policies.Skills and tools
Underwriters must have good analytical skills, be detail-oriented, and have expertise in statistics and probability theory. They use risk assessment tools, databases, and financial analysis software. Communication skills are also important as they often collaborate with agents and others within the company. Common competencies demanded by employers are kreditbedömning, förhandlingsvana and marknadsanalys.