Underwriter Resume

An underwriter reviews and evaluates the application of insurance forms and decides eligibility/non-eligibility of the insurance premium to individuals. This professional provides services in Health Insurance Company, investment houses, mortgage companies, and banks. It is the underwriter who evaluates the form, and determines whether the application form should be accepted or rejected.

The job profile of an underwriter is to review and analyze client application information, evaluating income statements to determine the ability to repay loan, assessing income and expenses of client, checking bank accounts, reviewing six months bank statements, analyzing client risk factors, calculating risk based on the information provided and many more.

Companies require applicants to hold a degree in either finance or business. The position requires years of experience in the particular domain. An underwriter should be well versed in accounting, financial methodologies, and general accounting principles. Some of the skill-sets required for the position includes-excellent planning, communication, problem solving, and decision making skills.

Underwriter Resume Example

Oliver Ortiz
2587 Besumsah Rd
Natchitoches, Los Angles 71457
Contact Details: (333)-233-0197
Email: o.oliver@example.com

Goal:

Hands on experience in evaluation and analysis of insurance information with extensive knowledge of insurance plans and policies. Seeking a position as an Underwriter with a view to utilize my experience in a renowned insurance company.

Professional Knowledge & Skills:

In-depth knowledge of insurance plans, packages and premium policies
Extensive knowledge of sales and marketing with good knowledge of handling insurance underwriting activities
Comprehensive knowledge of accounting principles and general accounting guidelines
Well versed in mathematics concepts with strong analytical and problem solving skills
Ability to communicate proficiently with exceptional management and organizational skills
Familiar with basic computer applications and accounting software
Possess excellent customer service and customer relationship building sills

Professional Experience:

Organization: Linclon Insurance Group, LA
Tenure: 2010 till date
Designation: Underwriter

Analyzing financial information of individual applicants to determine acceptance/non-acceptance of applications
Calculating premium charges and rates by using standard formulas
Interpreting insurance coverage plans as well as perform analysis of degree of risks
Communicating with company personnel on insurance policies and coverage plans
Reviewing and evaluating commercial lines applications
Determining insurance types and coverage limits to be provided by reviewing the insurance application forms
Providing guidelines to junior staff in areas where required

Organization: Previlege Corporation, LA
Tenure: 2008 to 2010
Designation: Junior Underwriter

Providing support in underwriting tasks and activities
Tracking new and existing account to perform calculation of premium charges
Reviewing and analyzing insurance documentation upon receipt
Handling queries on health insurance and premium plans and policies
Entering the information in the system for future reference
Verifying paperwork associated with approval and rejection of insurance application forms
Handled all other underwriting activities as assigned by manager and senior staff

Education:

Achieved Bachelor Degree in Accounting
University of LA in the year 2008