I have had very good service from all at the Glasgow Office. They found me a temporary position, which I have now been in for more than a year. As a candidate, you are made to feel that nothing is a bother, which is not the case with some other organisations. They are very prompt at returning your calls and my weekly payment is never late or wrong. I do, however, speak more to Michelle. You are always very pleasant and friendly to deal with, which makes life a lot easier. Thank you Stafffinders for helping me.
Claims Underwriter Jobs
Claims Underwriters decide whether applications for insurance cover (risks) should be accepted and on what terms. Claims Underwriters assess a risk according to the likelihood of a claim being made by weighing up a number of factors and asking for detailed information from prospective clients (policy holders). The aim is to minimise losses for their company and help to make a profit.
Insurance is divided into two main sectors, typical work activities include:
- General insurance - covers personal (motor, household, etc), commercial (insuring businesses and organisations against damage to premises, injury to people at work, etc) and re-insurance (accepting a risk or part of a risk from another insurer)
- Life insurance - properly known as 'assurance', offers cover for illness, injury and death.
Qualified Underwriters earn between £25,000 and £40,000.
What does a Claims Underwriter job involve?
Most Underwriters specialise in one type of insurance.
Daily activities will vary according to the type of insurance offered by the company, but may include:
- studying various insurance proposals
- gathering and assessing background information
- calculating possible risk and deciding how much individuals or organisations should pay for insurance (the premium)
- deciding whether the risk should be shared with a re-insurer
- computing results for appropriate premiums using actuarial information, other statistics and own judgement
- visiting brokers or potential customers and preparing quotes
- liaising with specialists, such as Surveyors or Doctors, for risk assessment
- gathering information and various types of reports (medical records) from specialists
- negotiating terms with policy holders or their brokers
- ensuring that premiums are competitive
- specifying conditions to be imposed on different types of policies, for example asking that a property owner install a burglar alarm
- negotiating with brokers and drawing up contracts
- writing policies
Contact the Insurance Division Team
Email the Insurance Division at firstname.lastname@example.org.
Candidates can submit a CV online using our Register online service.
Insurance Jobs by Email
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