Insurance underwriter - career development

As an insurance underwriter, your work will decide whether a customer is able to get the insurance products they need while protecting and growing the financial health of your employer. Learn more about this field and find out what you’ll need to study and do to get into the line of work.

Find out how you'll build skills and experience below.

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How will your insurance underwriter career progress?

Career development for underwriters generally involves graduate training, before specialising in a particular area.

You’ll typically complete a graduate training scheme for the first couple of years before several years of additional training in a certain area. Most of this training will be on the job while you’re earning. Extra qualifications and experience can allow you to get senior underwriter positions dealing with complex or niche insurance issues.

The legal regulations and high financial requirements for insurance providers prevent self-employed working.

What opportunities are there for career development?

Most insurance underwriters enter the industry through graduate schemes, giving them a broad skill-base and professional experience to start with.

Extra qualifications like the advanced diploma in insurance, internal courses and workshops will help you compete for senior roles.

Experienced underwriters can apply to be accredited as a chartered insurer or underwriting agent, which demonstrates your professionalism and ability.

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