Insurance underwriter, Kaihāpai kawenga rīanga
Also known as
- Insurance risk surveyor
Insurance underwriters assess an insurance company's risk when insuring people and property.
Your pay could be
$66K
Lower
$79K to $155K
Most common
$201K
Upper
How does this pay compare?
Pay is before tax
Insurance underwriters
- usually work regular business hours
- usually work in offices
- need to be accurate, identify and solve problems and make decisions
Tasks
- assess risks related to insurance
- decide if people can get insurance
- set prices for insurance policies
- read and review insurance applications
- follow insurance laws and standards
- research risks using reports and data
- work with brokers and agents on policies
- update insurance rules and guidelines
- explain insurance terms to clients
- prepare reports on insurance decisions
You usually need experience to become an insurance underwriter and a qualification may be useful.
You may need
- 3-5 years’ experience in similar work
- a relevant tertiary qualification
If you’re in school
You usually need NCEA Level 3 to do the study or training for this job.
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