Posted: Fri Jul 25, 2008 11:31 am Post subject: hi i am priyanka, I want to be a insurance underwriters. cur
hi i am priyanka,
I want to be a insurance underwriters.
currently i am doing diploma insurance cources(liencate, associate, and fellowciateship). pls confirm that this course can help me to be insurance underwiter, pls suggest me as soon as possible.
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.
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.
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!! _________________ Register Now to have your Insurance queries solved.