Salary guide
Insurance Underwriter
- Average salary
- £25,000 – £50,000
- Working hours
- 37.5 hours/week
FinanceInsurance
- Underwriters help manage risk for UK insurers
Other names this job is known by
- Risk Underwriter
- Policy Underwriter
Key responsibilities
- Assess insurance applications and risks
- Decide on policy terms and premiums
- Liaise with brokers and clients
- Review claims and renewals
- Ensure compliance with regulations
- Prepare reports and documentation
- Stay updated on market trends
- Support product development
Skills and qualifications required
- Degree in business, finance, or insurance
- CII qualifications
- Experience in underwriting or insurance roles
- Analytical and commercial awareness
Promotional job opportunities from this role
- Senior Underwriter
- Team Leader
- Product Manager
- Consultant
How to get the job
- Study business, finance, or insurance
- Gain experience in underwriting or insurance roles
- Obtain CII qualifications
- Progress to senior or specialist positions
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