An underwriter who decides whether a risk is insurable and what it should cost.
What they do
- Review applications and accept, reject or set the level of coverage
- Assess risk from financial history, credit score and the other relevant factors
- Set the premium the coverage is offered at
- Keep accurate records of each decision and the data behind it
- Track the regulatory changes that affect how a risk is priced
Works with
Insurance agents and brokers, for the information behind a decision.
