Underwriter
Job Description
Examine the insurance application forms, proposals, medical records or surveyor reports and other relevant data to assess the degree of risk involved and decide whether to accept the applications
Decide the premium rate, exclusions and extent of cover, and other contractual terms
Underwriting clerk: check and verify insurance applications; calculate premium; prepare policies, endorsements and premium notes
Qualities and Qualifications
This post is normally filled by senior staff who have accumulated years of experience and professional expertise in the insurance field
Keep abreast of the technological and statistical details of different trades/industries, as well as changes in law and taxation systems