How To Become A Insurance Underwriter

09/12/2019 Business,Careers,Health,I

Do you have a strong accounting and statistical analysis skills than becoming a Insurance Underwriters would be a great career for you. Insurance underwriters assess the potential risks of providing insurance coverage to policyholders using a specific set of criteria. Computer programs help underwriters make calculations to determine risk.

According to 2015 data, compiled by the U.S. Bureau of Labor Statistics, insurance underwriters earned a median annual wage about $65k per year. In 2017, Insurance underwriters earned an average of $74k per year. About 65% of Insurance underwriters are Female, making them the more common gender in the occupation. About 81% of Insurance underwriters are White, making that the most common race or ethnicity in the occupation. Representing about 10% of Insurance underwriters, Black is the second most common race or ethnicity in this occupation. 

How To Become A Insurance Underwriters

You will need to pursue a degree in financing or business administration or another related program, such as a Bachelor of Science in Insurance. Other degrees would be business law or accounting. More job require insurance underwriters to obtain certification.

(source: https://datausa.io)