Life Insurance Underwriter Career

Career Description

The life insurance underwriter performs a very crucial role in any insurance firm. The life insurance underwriter is responsible for various functions like analyzing the credit background of the client, understands the medical history of the client, conducts examinations to determine the authenticity of the claims given in the insurance proposal, etc. The life insurance underwriter takes a decision whether the client can be extended life insurance coverage.

How to become a Life Insurance Underwriter:

To become a life insurance underwriter, candidates need not have any particular educational background. A graduation in any field of education will suffice. However candidates who have worked in the insurance industry for at least a couple of years would find it easier to get through to the medium to higher level positions in an insurance firm.

Life Insurance Underwriter career courses, training, programs:

Candidates could look at various alternatives among the training programs and coaching institutes with a special focus on insurance and insurance underwriting. These programs are very flexible and can be attended according to convenience.

Life Insurance Underwriter career schools/colleges, education:

Students should get enrolled into one among the top schools and universities that are well known for their course curriculum and excellent delivery of the concepts to students. Some of the top universities are listed below.

Top 5 colleges/universities:

Westwood College

Grand Canyon University

Keiser University

American Inter Continental University

Jones International University

Life Insurance Underwriter job opportunities, salaries, recruitment:

Those students whose goal is to become a life insurance underwriter should focus on gaining the relevant educational background and work experience. Popular industries that are in the lookout for good life insurance underwriters are life insurance firms, insurance and financial services companies, disability insurance firms, etc, etc. The salary of a life insurance underwriter ranges from $34,000 to $77,000 per year with the annual median salary being $52,000. This data is extracted from the Pay Scale website that has undertaken salary research in the US and published their results on the National Salary data. Employers would expect candidates to possess a minimum relevant full time experience of about 3-6 years.

Category: Insurance Careers

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