INSURANCE UNDERWRITER SKILLS, EXPERIENCE, AND JOB REQUIREMENTS
Updated: Nov 12, 2025 - The Insurance Underwriter has experience in the insurance industry, preferably with a foundational understanding of underwriting processes and practices. This role requires strong analytical and decision-making skills to evaluate complex information, along with exceptional attention to detail to ensure accuracy in assessing insurance applications. The underwriter also demonstrates excellent interpersonal and communication abilities and is comfortable working with computers and technical tools.
Essential Hard and Soft Skills for a Standout Insurance Underwriter Resume
- Risk Analysis
- Policy Knowledge
- Financial Assessment
- Compliance Evaluation
- Portfolio Management
- Market Analysis
- Contract Review
- Regulatory Compliance
- Data Management
- Risk Evaluation
- Communication Skills
- Relationship Building
- Problem Solving
- Team Collaboration
- Negotiation Skills
- Customer Service
- Business Development
- Decision Making
- Training Support
- Adaptability
Summary of Insurance Underwriter Knowledge and Qualifications on Resume
1. BA in Economics with 5 years of Experience
- Knowledge of commercial and personal lines policies, practices, coverages, forms, rates, and underwriting strategies.
- Experience with a diverse range of commercial and personal lines products and programs.
- Experience with Underwriters Rating Board (URB) forms, rules and rate making.
- Must have strong interpersonal skills.
- Ability to maintain rapport and teamwork with staff members to achieve company, departmental and individual objectives.
- Must be able to interact with other departments, personnel, and external parties.
- Ability to work independently, manage time and deadlines, set priorities, and follow through on projects, tasks and company initiatives with minimum supervision.
- Working knowledge of and experience in reinsurance placements and procedures.
- Understanding of the New York regulatory and compliance process.
2. BS in Finance with 3 years of Experience
- Extensive organizational skills and attention to detail.
- Excellent oral and written communication skills.
- Resourceful and strong propensity to take initiative.
- Creative and proactive problem-solving ability.
- Receptive to feedback, adaptable to change and desire to learn.
- Intermediate computer skills, including Windows network operating system and Microsoft Office (Word, Excel and Outlook).
- Experience with insurance policy management systems and electronic imaging and file storage software.
- Knowledge of Inspro policy management software.
- Ability to safeguard confidential or sensitive company and client information.
3. BS in Actuarial Science with 2 years of Experience
- Insurance experience, preferably with some knowledge of underwriting.
- Must have analytical skills.
- Able to evaluate information from a variety of sources and complex problems.
- Must have decision-making skills.
- Must consider the costs and benefits of various decisions and choose the appropriate one.
- Must be detail-oriented.
- Must pay attention to detail, because each individual item on insurance applications can affect the coverage decision.
- Must have interpersonal skills.
- Good communication and interpersonal skills.
- Must have technical skills (being comfortable with computers).