23 lines
1.2 KiB
Markdown
23 lines
1.2 KiB
Markdown
# Tasks & work activities — insurance underwriter
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Source: O*NET 30.3, occupation 13-2053.00 (Insurance Underwriters).
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## Task statements
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- **[Core]** Decline excessive risks.
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- **[Core]** Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
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- **[Core]** Evaluate possibility of losses due to catastrophe or excessive insurance.
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- **[Core]** Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
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- **[Core]** Review company records to determine amount of insurance in force on single risk or group of closely related risks.
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- **[Core]** Authorize reinsurance of policy when risk is high.
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- **[Core]** Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
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## Detailed work activities
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- Analyze health-related data.
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- Assess financial status of clients.
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- Assess risks to business operations.
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- Authorize financial actions.
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- Explain regulations, policies, or procedures.
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- Verify accuracy of records.
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