hi i am priyanka, I want to be a insurance underwriters. cur

Posted: Sat Jul 26, 2008 05:37 am Post Subject:

The insurance underwriting is becoming a popular career choice for many :) A Bachelor's degree is a must for the underwriters. Insurance companies prefer students from mathematics, economics or finance background for the underwriter's jobs, because the job profile involves understanding of market along with computing ability.

Posted: Sat Jul 26, 2008 06:38 am Post Subject:

Hey priyanka, welcome on board.

IMO to become an underwriter first you need to decide the stream of insurance for which you want to write the policies since your income will depend upon it.

Secondly, as Rupert has rightly mentioned, you need to earn expertise in mathematics and accountancy. The knowledge of the financial market is very important and for that you constantly have to update yourself with the market changes.

Thirdly, knowledge of computer application is essential as more and more companies are installing underwriting software for their underwriters.

Regards,
Juanita

Posted: Sat Jul 26, 2008 06:47 am Post Subject:

I think you're on the right track, diploma in insurance studies will definitely help you in the long run as well. Some institutes and Universities offer underwriting courses which will help you to acquire the necessary skills required for the underwriter's job.

Wishing you all the luck!!

Posted: Wed Sep 16, 2009 07:52 am Post Subject: hi

i am very like you

Posted: Wed Nov 04, 2009 03:56 pm Post Subject: life insurance

already working the assignment of underwriter in indias largest life insurance company from last 18 yrs passed
associateship exam and desire adequate financial package

Posted: Thu Dec 03, 2009 03:18 pm Post Subject: hi i am priyanka, I want to be a insurance underwriters. cur

Hi Priyanka,

Licentiate,.. fellowship as offered by Institute Insurance of India are too primitive for you to become an Insurance Underwriter. They only provide you a basic understanding about insurance. (I am a fellow member myself). Unfortunately, there are no courses available in India as on date in underwriting especially for Non-life sector.

In case you have a background in Mathematics, kindly join Actuarial Society of India and give it a serous try. Else, after finishing go for CII (UK), or CPCU Programme (USA).

Wish you all the best.

Regards