How do I become a health insurance underwriter?
Salary: $65,040 (2015 median for insurance u Click to see full answer. Similarly, you may ask, what education do you need to be an insurance underwriter?To become an insurance underwriter, you must have a bachelor’s degree. Any coursework in business, finance or accounting can be helpful, but is not required. A high degree of computer…
Salary: $65,040 (2015 median for insurance u Click to see full answer. Similarly, you may ask, what education do you need to be an insurance underwriter?To become an insurance underwriter, you must have a bachelor’s degree. Any coursework in business, finance or accounting can be helpful, but is not required. A high degree of computer literacy is important, as the position involves performing data analysis, which is commonly computerized.Additionally, why do I want to be an insurance underwriter? With the help of computer programs, underwriters determine the risk involved in insuring a particular person or company and calculate the appropriate premiums for the amount of coverage requested. If they are too generous, the company may need to pay excessive claims. Beside above, what does an underwriter do health insurance? Underwriting is the process that a health insurer uses to weigh potential health risks in its pool of insured people against potential costs of providing coverage.Do you need a license to be an underwriter?Being an underwriter does not generally require a license, but many underwriters go on to become licensed insurance agents to profit from selling insurance products.
