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Written by Mumtaj Khan
Feb 05, 2026

Insurance Underwriter-Roles, Skills and Scope

An Insurance Underwriter is a person who looks at what kind of insurance cover someone needs. When you want to buy insurance and give them your information that is when the Insurance Underwriter starts working. The Insurance Underwriter is the one who figures out if it is an idea for the company to give you a policy. They do this by looking at the risks. The Insurance Underwriter makes the decision, on whether or not to say yes to an insurance policy. The Insurance Underwriter is really important because they decide if the company should give you insurance or not.

The Insurance Underwriter needs to be hardworking and dedicated to do his job. The Insurance Underwriter career is tough. Needs someone who can think ahead and really understand the Insurance Underwriter field they are in. To be good at this the Insurance Underwriter has to be able to work and be committed and honest. The Insurance Underwriter also needs to be open to ideas. So to do the Insurance Underwriter job well the Insurance Underwriter needs special training that can be learned by taking the right courses, for the Insurance Underwriter.

Insurance Underwriter Eligibility

Educational Qualification

The person who wants to apply for this job should have completed their Senior Secondary Examination, which is also known as 10+2 or some exam that is recognized and is just as good, in any subject they like.

Age Limites

There is no restriction with regard to the age of the candidate.

Insurance Underwriter Required Skills

  • To be an Insurance Underwriter you need to be able to talk to people really well. You also need to know a lot about money and finance. This is because Insurance Underwriters have to look at numbers called actuarial data to figure out if someone will get money from a policy and how much they will get. Insurance Underwriters use this data to make guesses about what might happen with Insurance policies over time. Insurance Underwriters have to be good, at understanding Insurance policies and how they work.
  • To be an Insurance Underwriter you need to know how to use a computer. This is because an Insurance Underwriter has to use programs to do their job well. An Insurance Underwriter must also know about office work and how to do things like type documents manage files and records take notes and write them up and make forms. An Insurance Underwriter needs to be good, at these things to do their job.
  • To write business letters you need to have a command of English.. You should have a good working knowledge of any other language that is used in your business. This is necessary for writing business correspondence. You should be able to express yourself when you write business letters. Business correspondence includes things like letters and emails to customers or other companies. So a good command of English or any other language is very important, for this.
  • People who do this job should know about sales and marketing. Sales and marketing are important because they help people show, promote and sell the services of sales and marketing. This means they need to be good, at sales and marketing to get the word out about sales and marketing.
  • People who do this job need to understand how money works and how businesses keep track of it. They have to know about principles and accounting principles. They also have to know about markets and banking. The financial data is very important so they have to be able to analyze it and write reports, about it. They need to know how to work with data.

How to become an Insurance Underwriter?

To be an Insurance Underwriter one has to follow the given steps:

Step 1 : When you finish your plus two it is better to study commerce or subjects like actuarial or finance. Then the people who want to do this kind of work go for a Bachelors degree in the field. Some of the Bachelors or Advance Diploma courses, in insurance are:

Advanced Diploma Course in Insurance Management

  • B.B.A. (Banking and Insurance)
  • B.B.A. Insurance Management
  • B.Com. (Insurance Management)
  • Bachelor of Insurance and Risk Management (BIRM)

If you want to work with property or mortgage underwriting it is good to know something about finance, actuarial science, accounts or computer applications. This is because it can be very helpful. Insurance companies that deal with things, industries, marine and other special areas need people who really know what they are doing. These people should have training in finance and insurance. They should be experts in these fields.

For health and life insurance it is really useful to have a degree in paramedical fields. This is because health and life insurance underwriters need to look at the risk and the financial risk that comes with each person who wants health and life insurance. Health and life insurance underwriters have a job they have to think about how likely it is that someone will get sick or hurt and how that will affect the health and life insurance company. Health and life insurance underwriters have to be good at understanding things and financial things that is why a degree in medical or paramedical fields can be very helpful, for health and life insurance underwriters.

Step 2 : When you finish a Bachelors Degree in this field or something similar you can do a things. You can join an insurance company. You can get a Masters Degree in insurance.

Some of the Masters Degree courses, in the insurance field are:

  • M.B.A. (Insurance and Risk Management)
  • M.Sc. (Insurance Business)
  • Master in Insurance Business (MIB)

Step 3 : When you have a Masters degree in the field you want to work in you can start looking for a job that's a little tough, in either the private sector or the public sector. The Masters degree is really important for the aspiring candidates to get a job.

Insurance Underwriter Job Description

The job of an Insurance Underwriter is not the same. It really depends on what kind of insurance we're talking about. This is because different Insurance Underwriters work with types of clients. They also have to think about kinds of risks.

An Insurance Underwriters job usually includes:

  • Risk Management is what they do. They look at how much risk's involved and then they decide how much they should charge the client for it. They call this charge the premium. So Risk Management is, about figuring out the risk and setting the right premium for the client.
  • The company needs to Screen and Approve Applications. This means they have to look at the applications they get and check if they're okay based on the companys rules. So they review the Screen. Approve Applications to make sure everything is fine. After that they say yes to the applications that're good. The Screen and Approve Applications process is very important, for the company.
  • Analyze Risk, Insurance Underwriter analyse the risks associated with applications that meet the minimum criteria. Like health insurance underwriters consider medical risks such as a family history of some deadly diseases like that of heart ailment or cancer its.
  • Insurance underwriters write insurance policies. These policies explain what is covered for the client and how much they have to pay. The main goal of the insurance policies is to make sure the client knows what they are getting. At the time insurance underwriters try to minimize potential losses for the Insurance Company. They do this when they write the insurance policies. Insurance policies are very important, for the Insurance Company and the client.
  • So basically the Insurance Underwriter is the person who connects the insurance company to the insurance agents. The Insurance Underwriter works closely with the insurance agent. Is someone the agent really trusts and relies on for advice. The Insurance Underwriter is very important because they help the insurance company and the insurance agents work together smoothly.

Insurance Underwriter Career Prospects

The insurance business is changing a lot because it is becoming private and global. This means that there are jobs available in this field. Insurance underwriters can work for companies that sell insurance or for organizations that help insurance companies and the people who buy insurance from them. They can also find work at banks, mortgage companies and real estate firms that have their insurance agencies. When an Insurance underwriter has experience they can move up to a better job like senior insurance underwriter or even underwriting manager, at an insurance company. With the growth of the insurance sector and the entry of multi-national insurance companies, there is a good scope for insurance underwriters.

Insurance Underwriter Salary

As far as Insurance Underwriter Salary is concerned, it depends upon their own efforts; it can be anything from a few thousand to start with to lakhs after a few years of hard work and sincere efforts. Graduates working in the areas can have an initial salary ranging from Rs.25,000 to Rs.30,000 per month.

Frequently Asked Questions

An Insurance Underwriter evaluates insurance applications and decides coverage terms based on risk assessment.
You can start with a bachelor’s degree in commerce, finance, economics, or insurance, followed by relevant certifications.
Courses in Insurance, Finance, Risk Management, or Actuarial Science are most suitable.
Risk analysis, decision-making, attention to detail, numerical ability, and communication skills.
Entry-level salaries range from ₹4–7 LPA, while experienced underwriters can earn ₹12 LPA or more.

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