Sample 1 - State of California

Occupation Profile


Printer Version
Insurance Underwriters
(SOC Code : 13-2053)
in California

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Employers are usually looking for candidates with a Bachelor's degree .

View a Career Video for this occupation from America's Career InfoNet (requires Windows Media Player)


Occupational Wages[Top]
AreaYearPeriodHourly MeanHourly by Percentile
25thMedian75th
California 20141st Qtr$36.44$26.50$33.61$44.01

View Wages for All Areas  About Wages
 

Occupational Projections of Employment (also called "Outlook" or "Demand")[Top]
 AreaEstimated Year-Projected YearEmploymentEmployment ChangeAnnual Avg Openings
EstimatedProjectedNumberPercent
California 2010 - 20208,7009,3006006.9350

View Projections for All Areas  About Projections
 

Job Openings from JobCentral National Labor Exchange[Top]
 
Enter a Zip Code     Find a Zip code in California

Within  miles of Zip Code.


Possible Licenses Required and Issuing Authority[Top]
License Title
License Authority
Life and Disability Insurance AnalystDepartment of Insurance
Producer Licensing Bureau
www.insurance.ca.gov

About Licenses
 

Industries Employing This Occupation (click on Industry Title to View Employers List)[Top]
Industry Title
Number of Employers in State of California
Percent of Total
Employment for Occupation in State of California
Insurance Carriers 5,47060.5%
Insurance Agencies, Brokerages & Support30,11031.9%
Management of Companies and Enterprises 9622.0%

About Staffing Patterns
 

Training Programs (click on title for more information)[Top]
Program Title
Actuarial Science
Insurance

About Training & Apprenticeships
 

About This Occupation (from O*NET - The Occupation Information Network)[Top]
Top Tasks (Specific duties and responsibilities of this job.)
Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.
Decline excessive risks.
Write to field representatives, medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies.
Review company records to determine amount of insurance in force on single risk or group of closely related risks.
Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
Authorize reinsurance of policy when risk is high.
Evaluate possibility of losses due to catastrophe or excessive insurance.

More Tasks for Insurance Underwriters


Top Skills used in this Job
Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Speaking - Talking to others to convey information effectively.
Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Time Management - Managing one`s own time and the time of others.
Social Perceptiveness - Being aware of others` reactions and understanding why they react as they do.
Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.

More Skills for Insurance Underwriters


Top Abilities (Attributes of the person that influence performance in this job.)
Written Comprehension - The ability to read and understand information and ideas presented in writing.
Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.

More Abilities for Insurance Underwriters


Top Work Values (Aspects of this job that create satisfaction.)
Relationships - Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment.
Independence - Occupations that satisfy this work value allow employees to work on their own and make decisions.

More Work Values for Insurance Underwriters


Top Interests (The types of activities someone in this job would like.)
Conventional - Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Enterprising - Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

More Interests for Insurance Underwriters

 
Related Links
LMI for Job Seekers
Local Area Profile
Compare Occupations
View Similar Occupations
O*Net - The Occupation Information Network

View a Career Video for this occupation from America's Career InfoNet (requires Windows Media Player)