Insurance underwriters


Average Annual Pay

Annual Survey of Hours and Earning 2018


Average Weekly Hours

Annual Survey of Hours and Earning 2018


Unemployment Rate

Labour Force Survey 2018

Future employment projections (Working Futures UK)


Insurance underwriters identify and measure the risks associated with an activity, determine whether this risk is insurable and issue insurance polices which provide financial compensation in the event of loss.


There are no formal academic requirements, although many employers expect entrants to study for and attain the associateship examinations of the Chartered Insurance Institute. Entrants to professional examinations usually require GCSEs/S grades and A levels/H grades, an Advanced GNVQ/GSVQ Level III, or a BTEC/SQA award.

Typical tasks

  • receives and assesses proposals and propositions for insurance from brokers and clients;
  • identifies and evaluates the risks associated with a proposal;
  • liaises with insurance surveyors, actuaries and risk managers where the risks associated with a proposal are not clear;
  • calculates premiums, provides quotations and, if acceptable to the client, issues policies;
  • ensures that the insurance policy clearly defines the liabilities accepted and any exceptions or exclusions;
  • negotiates terms of reinsurance contracts.

Common job titles

Inspector, business, new (insurance)
Controller, underwriting, insurance
Underwriter, insurance
Underwriter, mortgage
Leader, team (insurance)
Member of Lloyds
Underwriter, commercial
Inspector, chief (insurance)
Handler, account, insurance
Executive, underwriting
Inspector, district (insurance)
Inspector, life (insurance)
Inspector (insurance)
Handler, accounts (insurance)
Agent, underwriter's
Underwriter, medical
Inspector, insurance
Handler, account (insurance)
Handler, insurance

Education background

Destination of Leavers survey, supplied by the Higher Education Statistics.