What Is a Remote Insurance Underwriter and How to Become One
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What Does a Remote Insurance Underwriter Do?
The job duties of a remote insurance underwriter focus on assessing the risk in insurance policies. In this virtual position, you work from home or from a remote office to evaluate the risk of each client who has applied. You may also review insurance coverage for excessive risk. After reviewing financial documents, risk assessments, and insurance needs, your responsibilities include deciding whether to approve or deny an insurance application. Underwriting may require you to deny coverage for clients that you deem high risk.
How to Become a Remote Insurance Underwriter
The qualifications that you need to start a career as a remote insurance underwriter include decision-making skills, knowledge of the insurance industry and risk factors, and a degree or equivalent experience. Employers may require or prefer you to have a bachelor’s degree in math, business, finance, or a related field. Some may accept an associate degree. If you work with one company, you may receive on-the-job training focusing on the company’s insurance products and procedures. Professional certification options include the Insurance Institute of America’s Associate in Commercial Underwriting accreditation.
