Insurance underwriter
Also known as
Work environment
- Usually work regular business hours
- Usually work in offices
- Need to be accurate, identify and solve problems and make decisions
Salary information
Typical tasks
- Assess risks related to insurance
- Decide if people can get insurance
- Set prices for insurance policies
- Read and review insurance applications
- Follow insurance laws and standards
- Research risks using reports and data
- Work with brokers and agents on policies
- Update insurance rules and guidelines
- Explain insurance terms to clients
- Prepare reports on insurance decisions
Outlook
Insurance underwriting is changing as insurers use more data, analytics and digital tools to assess risk. In New Zealand, climate-related events, regulatory changes and evolving customer needs continue to shape the industry. Internationally, artificial intelligence and advanced modelling are supporting decision-making, while underwriters remain important in evaluating complex or specialised risks.
What employers and industry want in graduates
- Analytical and critical-thinking skills
- Attention to detail and accuracy
- Ability to assess and evaluate information
- Strong written and verbal communication
- Good numerical and data interpretation skills
- Sound judgement and decision-making ability
AUT programmes
The above is a suggestion only and a starting point. You may need to meet other criteria or take additional steps to work in this career.
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This data is sourced from the Tertiary Education Commission through the Tahatū Career Navigator website (www.tahtu.govt.nz) and used under the CC BY 4.0 licence. Some of the information has been modified by AUT. TEC has not approved, endorsed or tested these modifications. TEC will not be held accountable for any errors within this data.