Description
Insurance underwriters assess business risks and liability policies and make decisions about commercial property. They inspect the conditions of businesses’ properties, analyse inspection policies, assist with real estate and rent issues, prepare loan contracts and handle commercial risks in order to align them with business practices. Insurance underwriters analyse various information from prospective customers in order to assess the likelihood that they will report a claim. They work to minimise risk for the insurance company and make sure that the insurance premium aligns with the associated risks. They can be specialists in life insurance, health insurance, reinsurance, commercial insurance, mortgage insurance.
EssentialOptional
Theoretical Knowledge
Practical Skills
provide support in financial calculationanalyse financial riskdecide on insurance applicationsobtain financial informationreview insurance processcollect property financial informationcreate insurance policiesassess financial viabilitycreate cooperation modalitiesmanage financial riskcreate a financial planexamine credit ratingsnegotiate loan agreementsanalyse insurance needsapply technical communication skillsanalyse insurance riskensure proper document managementprepare financial auditing reportscompare property valuesperform property market researchinform on renting agreementsmanage contractsdevelop investment portfolioreview investment portfoliosconduct financial auditshandle financial disputesestimate damageinterpret financial statementsassist in loan applicationsexplain financial jargoncreate underwriting guidelinescalculate insurance ratecommunicate with customerssynthesise financial informationidentify clients' needsmanage contract disputesorganise a damage assessmentassess customer credibility