Insurance Underwriter Resume: Sample & Guide [Entry Level + Senior Jobs]

Are you an experienced Insurance Underwriter looking for a new job? Look no further! Our Insurance Underwriter Resume Example will help you craft the perfect resume to get you noticed by potential employers. We'll provide step-by-step instructions on how to highlight your experience, skills, and accomplishments to maximize your job search success.

We will cover:

How to write a resume, no matter your industry or job title.
What to put on a resume to stand out.
The top skills employers from every industry want to see.
How to build a resume fast with our professional Resume Builder.
Why you should use a resume template

Plus, we will provide expert resume writing tips and professional examples to inspire you.

What does an Insurance Underwriter do?

Insurance underwriters are responsible for evaluating the risk associated with insuring an individual, business, or other entity. They review applications for insurance, assess the risk involved, and decide whether or not to approve the coverage and at what cost. They also set the terms and conditions of the insurance policy, including the coverage limits and deductible amounts.

We’re about to begin, but first, here are some other Insurance Underwriter related resume examples:

What are some responsibilities of an Insurance Underwriter?

Evaluate risks and exposures of potential insurance policies
Analyze insurance applications and related documents
Calculate premiums and determine coverage amounts
Develop and implement underwriting policies and procedures
Monitor and analyze underwriting performance
Ensure compliance with relevant regulations and company standards
Provide guidance and support to junior team members
Identify and manage potential risks and losses

Sample Insurance Underwriter Resume for Inspiration

John Doe
Address: 123 Main Street, Anytown, ST 12345
Phone: (123) 456-7890
Email: john.doe@example.com

Summary
John Doe is an experienced Insurance Underwriter with a background in analyzing risk and designing insurance policies tailored to the individual needs of clients. He has a proven track record of efficiently assessing risk and approving policies with accuracy and attention to detail.

Work Experience

Insurance Underwriter
ABC Insurance, Anytown, ST (04/2015 - present)
- Analyze information from clients to evaluate risk and identify insurance needs
- Design insurance policies to meet the needs of individual clients
- Ensure accuracy and attention to detail in order to protect clients and the company
Insurance Agent
XYZ Insurance, Anytown, ST (10/2012 - 03/2015)
- Provide clients with advice regarding insurance policies
- Process policy renewals and cancellations
- Maintain accurate records of client interactions

Education
ABC University, Anytown, ST
Bachelor of Science in Insurance, 06/2012

Skills

Risk assessment
Policy design
Client relations
Data analysis

Certifications
Certified Insurance Underwriter, 01/2015

Languages
English (fluent)

Resume tips for Insurance Underwriter

Creating a perfect, career-launching resume is no easy task. Following general writing rules can help, but it is also smart to get advice tailored to your specific job search. When you’re new to the employment world, you need Insurance Underwriter resume tips.
We collected the best tips from seasoned Insurance Underwriter - Check out their advice to not only make your writing process easier but also increase your chances of creating a resume that piques the interest of prospective employers.

Highlight all relevant experience and qualifications.
Include any certifications, licenses, or credentials that demonstrate your expertise in the field.
Use language that is specific to the insurance industry, such as terms like underwriting risk and portfolio management.
Explain any complex terms or processes clearly and concisely.
Include any key accomplishments or awards you have received for your work in the insurance industry.

Insurance Underwriter Resume Summary Examples

A resume summary or resume objective is a great way to show potential employers that you have the knowledge and skills to be an effective insurance underwriter. It can be used to highlight your accomplishments and experience in the industry, demonstrate your understanding of the role, and provide a brief snapshot of the type of person you are. A resume summary or resume objective is also a great way to make a good first impression and stand out amongst the competition.

For Example:

Dynamic Insurance Underwriter with 5+ years of experience in analyzing data to assess and mitigate risk. Skilled in developing customized insurance policies.
Experienced Insurance Underwriter with a successful track record of providing accurate and comprehensive risk analysis. Proven ability to develop creative solutions.
Highly motivated Insurance Underwriter with extensive knowledge of underwriting principles and insurance policies. Demonstrated expertise in developing strategies to reduce risk.
Talented Insurance Underwriter with 3+ years of experience in evaluating, analyzing, and managing risk. Adept at maintaining accurate records and reporting.
Innovative Insurance Underwriter with 8+ years of experience in assessing and mitigating risk. Proven ability to develop innovative strategies to reduce losses.

Build a Strong Experience Section for Your Insurance Underwriter Resume

Building a strong experience section for a insurance underwriter resume is important because it will demonstrate to potential employers that you have the knowledge and skills necessary to excel in the role. It should highlight your past successes and accomplishments in the insurance industry, as well as the knowledge and skills you possess that make you a valuable asset to an insurance company. Furthermore, it should also demonstrate your ability to effectively analyze risk and make sound decisions based on the information presented to you. Ultimately, a well-crafted experience section should demonstrate to employers that you are a qualified and capable insurance underwriter.

For Example:

Performed risk assessment on clients to determine the best insurance products.
Drafted and issued insurance policies, endorsements, and renewals.
Worked with clients to review policy terms and conditions.
Monitored policy underwriting activities to ensure compliance with regulations.
Evaluated and analyzed potential risks and exposures.
Developed underwriting guidelines and procedures.
Collaborated with other departments to ensure all customer requests are processed accurately and efficiently.
Responded promptly to customer inquiries and complaints.
Provided training and mentoring to junior underwriters.
Assisted in the development and implementation of new underwriting procedures.

Insurance Underwriter resume education example

To become an insurance underwriter, you must have at least a high school diploma or its equivalent. Additionally, most employers prefer to hire those who have a bachelor's degree in finance, business, economics, mathematics, or a related field. Relevant work experience is also beneficial. Courses such as statistics, risk management, and accounting will be beneficial for those looking to work in this field. Insurance underwriters must also have a strong understanding of insurance regulations, laws, and industry standards. In addition, they must possess excellent communication, writing, analytical, and problem-solving skills.

Here is an example of an experience listing suitable for a Insurance Underwriter resume:

University of Michigan, Ann Arbor, MI
Bachelor of Science in Business Administration, May 2018
Concentration in Finance
GPA: 3.7/4.0
Dean’s List: Spring 2017, Fall 2017, Spring 2018

Insurance Underwriter Skills for a Resume

Adding skills to an Insurance Underwriter Resume is important because it highlights the qualifications that a potential employer is looking for. By listing relevant skills on a resume, an applicant can demonstrate they have the knowledge and expertise necessary to do the job. It is important to include a mix of hard and soft skills that are tailored to the specific job being applied for. Hard skills may include knowledge of industry regulations, risk assessment, policy writing, and data analysis, while soft skills include customer service, communication, problem-solving, and critical thinking. This mix of skills will demonstrate that a candidate has the necessary skills to excel in the role.

Soft Skills:

Analytical Thinking
Organizational Skills
Risk Assessment
Interpersonal Skills
Time Management
Decision Making
Attention to Detail
Problem Solving
Communication
Negotiation

Hard Skills:

Risk Assessment
Insurance Law
Data Analysis
Underwriting Process
Contract Interpretation
Financial Analysis
Policy Writing
Regulatory Compliance
Account Management
Claims Processing

Common Mistakes to Avoid When Writing an Insurance Underwriter Resume

In this competitive job market, employers receive an average of 180 applications for each open position. To process these resumes, companies often rely on automated applicant tracking systems, which can sift through resumes and eliminate the least qualified applicants. If your resume is among the few that make it past these bots, it must still impress the recruiter or hiring manager. With so many applications coming in, recruiters typically give each resume only 5 seconds of their attention before deciding whether to discard it. Considering this, it's best to avoid including any distracting information on your application that could cause it to be thrown away. To help make sure your resume stands out, review the list below of what you should not include on your job application.

Not including a cover letter. A cover letter is a great way to explain why you are the best candidate for the job and why you want the position.
Using too much jargon. Hiring managers do not want to read a resume full of technical terms that they do not understand.
Omitting important details. Make sure to include your contact information, educational background, job history, and any relevant skills and experiences.
Using a generic template. Take the time to customize your resume to the job you are applying for. This will show the employer that you are serious about the position.
Spelling and grammar errors. Always double-check your resume for typos, spelling mistakes, and grammar errors.
Focusing too much on duties. Make sure to include accomplishments and successes to show the employer that you are a great candidate.
Including personal information. Avoid including any personal information such as age, marital status, or religious beliefs.

Key takeaways for a Insurance Underwriter resume

Highlight accomplishments that demonstrate analytical, problem-solving, and decision-making skills.
Showcase experience with risk assessment, claims processing, and policy analysis.
Emphasize knowledge of industry regulations and legal compliance.
Detail ability to interpret and analyze customer needs.
Demonstrate expertise in customer service.
Mention proficiency in using insurance software and related tools.

It's time to begin the job search. Make sure you put your best foot forward and land your next postal service job with the help of Resumaker.ai.