Insurance underwriter - requirements

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.

Know what you'll need to land a job below.

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What qualifications do you need to be an insurance underwriter?

A relevant degree isn’t needed to work in this field, but you’ll benefit from being qualified in subjects like:

A 2:1 undergraduate degree is usually needed to get onto most graduate schemes with large insurance companies. You could start working as an assistant or junior underwriter without a degree, working your way up to full underwriter posts over time.

Please note this is a beta version. We'll continue to improve our suggestions here so that we show you the most relevant subjects.

Do you need a postgraduate qualification to be an insurance underwriter?

You don’t need to do postgraduate study to progress in this field, but it can help you move into more complex or senior positions.

You might consider master’s courses such as:

  • Insurance and risk management
  • Insurance law
  • Actuarial science
  • Actuarial management
  • Natural hazards for insurers

What skills do you need to be an insurance underwriter?

As an underwriter, your attention to detail, analytical skills and decision-making abilities will be central to your success.

Hard skills usually include:
  • Underwriting
  • Financial knowledge
  • Auditing and accounting
  • Risk and data analysis
Soft skills include:
  • Eye for detail
  • Planning
  • Analytical thinking
  • Communication
  • Managing others
  • Professionalism

Do you need work experience to be an insurance underwriter?

You don’t need work experience to get started as an underwriter, but it’ll help you succeed when applying for competitive graduate schemes or popular employers. You might get this through a placement or internship, or by directly finding work experience with a smaller firm. Being proactive and prepared will help you with this.

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