Insurance Underwriters
What they do
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Expected pay range
Expected pay range
This represents the median earnings for this career in the selected county or state. In the range shown, 25% of workers earned less than the bottom salary and 25% earned more than the top salary. Data is provided by the Texas Workforce Commission.
About insurance underwriters
Other titles
Account Underwriter, Automobile and Property Underwriter, Commercial Lines Underwriter, Health Underwriter, Life Underwriter, Personal Lines Underwriter, Underwriter, Underwriting Consultant
Tasks they perform
- Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
- Decline excessive risks.
- Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
Skills they need
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
- Reading Comprehension - Understanding written sentences and paragraphs in work-related documents.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
- Speaking - Talking to others to convey information effectively.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
- Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Coordination - Adjusting actions in relation to others' actions.
- Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Service Orientation - Actively looking for ways to help people.
- Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
Licenses and Certifications
How to decide which one is right? That depends on an individual’s career path, specialty, and resources.
Life Agent
Texas Department of Insurance~Agent and Adjuster Licensing
- License Type
- Stand-alone license
- Status
- Active
- Exam
- State exam required
- Education
- No educational requirements
- Continuing education
- Continuing education required to maintain license
- Criminal record
- Specific type of conviction prohibited
General Lines Agent / All LOAs
Texas Department of Insurance~Agent and Adjuster Licensing
- License Type
- Stand-alone license
- Status
- Active
- Exam
- State exam required
- Education
- No educational requirements
- Continuing education
- Continuing education required to maintain license
- Criminal record
- Specific type of conviction prohibited
Funeral Pre-Arrangment Life Agent
Texas Department of Insurance~Agent and Adjuster Licensing
- License Type
- Stand-alone license
- Status
- Active
- Exam
- Third-party exam required
- Education
- No educational requirements
- Continuing education
- Continuing education required to maintain license
- Criminal record
- Specific type of conviction prohibited
Limited Lines Agent
Texas Department of Insurance~Agent and Adjuster Licensing
- License Type
- Stand-alone license
- Status
- Active
- Exam
- State exam required
- Education
- No educational requirements
- Continuing education
- Continuing education required to maintain license
- Criminal record
- Specific type of conviction prohibited
Life not exceeding $25k Agent
Texas Department of Insurance~Agent and Adjuster Licensing
- License Type
- Stand-alone license
- Status
- Active
- Exam
- Third-party exam required
- Education
- No educational requirements
- Continuing education
- Continuing education required to maintain license
- Criminal record
- Specific type of conviction prohibited
Surplus Lines
Texas Department of Insurance~Agent and Adjuster Licensing
- License Type
- Secondary license (another license is a prerequisite)
- Status
- Active
- Exam
- State exam required
- Education
- No educational requirements
- Continuing education
- No continuing education requirement to maintain license
- Criminal record
- Specific type of conviction prohibited
- License Type
- Stand-alone license
- Status
- Active
- Exam
- Third-party exam required
- Education
- Degree required
- Continuing education
- Continuing education required to maintain license
- Criminal record
- Specific type of conviction prohibited
Certifications
Certifications may be available for this career and can help build knowledge and skills in specific job roles. Explore available certifications (external link opens new tab)
Similar careers
View careers in the same field as insurance underwriters.
Insurance Sales Agents
Better pay
Median salary for this career is higher than the median salary of all careers in the county selected. Salary data is provided by the Texas Workforce Commission.
Securities, Commodities, and Financial Services Sales Agents
Better pay
Median salary for this career is higher than the median salary of all careers in the county selected. Salary data is provided by the Texas Workforce Commission.
Claims Adjusters, Examiners, and Investigators
Better pay
Median salary for this career is higher than the median salary of all careers in the county selected. Salary data is provided by the Texas Workforce Commission.
In demand
In demand careers have high-growth, high-demand, and emerging jobs critical to Texas. They are based on economic indicators like in demand industries, labor market trends, and economic conditions, provided by the Texas Workforce Commission.
Additional career information and resources
Learn more about insurance underwriters with these helpful sites.
- American Council of Life Insurers (external link opens new tab)
- Association of Home Office Underwriters (external link opens new tab)
- Central Illinois Home Office Underwriters Association (external link opens new tab)
- Group Underwriters Association of America (external link opens new tab)
- Insurance Information Institute (external link opens new tab)
- LOMA (external link opens new tab)
- National Association of Health Underwriters (external link opens new tab)
- National Association of Insurance and Financial Advisors (external link opens new tab)
- Occupational Outlook Handbook: Insurance underwriters (external link opens new tab)
- Society of Chartered Property and Casualty Underwriters (external link opens new tab)