Underwriter Resume

Resume Writing: Examples and Tips

Underwriter

Underwriter Resume Example

Contact Information
John Smith
Phone: (123) 456-7890
Email: [email protected]
123 Main St, New York, NY 10001

Resume Title: Senior Underwriter

Summary

Dedicated and results-driven Senior Underwriter with 15 years of experience in the insurance industry. Proven track record of successfully managing risk assessment and underwriting processes for top companies, resulting in increased profitability and client satisfaction. Exceptional analytical and decision-making skills with a strong attention to detail. Proficient in evaluating complex data and making sound underwriting decisions. Seeking to utilize my expertise and leadership skills to add value to a reputable organization.

Professional Experience

Ace Insurance Inc, New York, NYSenior Underwriter | 2015 – Present

  • Collaborate with agents and brokers to identify and evaluate risk exposure for commercial insurance clients, resulting in a 15% increase in policy renewals.
  • Analyze and underwrite various insurance policies including general liability, property, and professional liability.
  • Implement and maintain underwriting guidelines and procedures, ensuring compliance with company standards and regulatory requirements.
  • Lead a team of junior underwriters, providing training and guidance on risk assessment and underwriting best practices.

Jones Insurance Co, Chicago, IL

Underwriting Manager | 2011 – 2015

  • Oversaw the underwriting process for a portfolio of high-value commercial clients, resulting in a 20% increase in premium volume and a 95% retention rate.
  • Established and maintained strong relationships with brokers and agents, providing prompt and efficient service to meet their needs.
  • Conducted and presented market and client research to senior management, assisting with strategic planning and decision-making.
  • Developed and implemented training programs for new underwriters, resulting in a 90% pass rate on underwriting certification exams.

XYZ Insurance Group, Los Angeles, CA

Underwriter | 2006 – 2011

  • Managed the underwriting process for small to medium-sized commercial clients, resulting in a 10% increase in policy retention and a 25% increase in new business.
  • Analyzed risk factors and determined underwriting guidelines for various types of insurance including property, workers’ compensation, and liability.
  • Communicated with clients and agents to obtain necessary information and clarify underwriting decisions.
  • Collaborated with underwriting team to identify and implement process improvements, resulting in increased efficiency and faster turnaround times.

Education

Bachelor of Business Administration in Risk Management and Insurance
University of North Carolina at Chapel Hill | 2006

Professional Skills

  • Risk Assessment and Underwriting
  • Data Analysis and Decision Making
  • Leadership and Team Management
  • Relationship Building and Client Management
  • Process Improvement and Efficiency
  • Industry Knowledge and Regulatory Compliance

Personal Qualities

  • Strong Attention to Detail
  • Excellent Time Management Skills
  • Effective Communication Skills
  • Ability to Work Under Pressure
  • Flexible and Adaptable
  • Strong Work Ethic

Languages

English (Fluent), Spanish (Intermediate)

Interests

Traveling, Hiking, Photography

John Smith
Underwriter1234 Example Street | New York, NY 12345
(123) 456-7890 | [email protected]


Resume Summary:

Result-driven Underwriter with strong analytical and critical thinking skills. Proven ability to assess risks and make sound decisions. Excellent communication and negotiation skills with a demonstrated track record of meeting and exceeding company goals. Looking for an opportunity to utilize my skills and contribute to the success of ABC Insurance Company.


Professional Experience:
Underwriter | XYZ Insurance Company | New York, NY | June 2019 – Present

  • Analyzed insurance applications and assessed potential risks to determine the appropriate coverage and premiums.
  • Negotiated terms and conditions of insurance policies with clients to ensure mutual satisfaction.
  • Collaborated with other departments such as Claims and Sales to provide comprehensive risk assessments for clients.
  • Managed a portfolio of over 100 accounts and maintained strong relationships with clients.

Underwriting Assistant | DEF Insurance Company | Boston, MA | March 2017 – May 2019

  • Assisted Underwriters in reviewing and processing insurance applications.
  • Analyzed client information and conducted research to assist in the risk assessment process.
  • Communicated with clients to gather required information and documentation for insurance applications.
  • Prepared reports and maintained accurate records of client information and policies.

Underwriting Intern | GHI Insurance Company | Los Angeles, CA | May 2016 – August 2016

  • Shadowed experienced Underwriters and gained exposure to the underwriting process.
  • Assisted in updating and maintaining insurance databases.
  • Conducted research on market trends and competitor analysis.
  • Participated in team meetings and provided input on potential risk assessments.

Education:

Bachelor of Science in Finance | University of California, Los Angeles | June 2017


Professional Skills:

  • Risk Assessment
  • Financial Analysis
  • Negotiation
  • Communication
  • Time Management
  • Attention to Detail

Personal Qualities:

  • Problem Solver
  • Team Player
  • Strong Work Ethic
  • Adaptable
  • Reliable
  • Positive Attitude

Languages:

  • English (Fluent)
  • Spanish (Intermediate)

Interests:

Traveling, Hiking, Cooking, Reading

 

How to Write a Underwriter Resume: Introduction

Welcome to the world of CV writing, dear job seekers! As someone who has mastered the art of crafting perfect CVs, let me tell you: I have seen it all. From dull, generic CVs that put me to sleep to ones that make me want to hire the person on the spot, I have witnessed the good, the bad, and the ugly when it comes to CVs. But fear not, my friends! I am here to share with you my tips and tricks for creating a killer CV that will make any employer want to pick up the phone and call you for an interview.

First things first, let’s talk about CV titles. You may think it’s just a formality, but trust me, it’s more important than you think. Your CV title is the first thing a recruiter or hiring manager sees, so it needs to make a good impression. Avoid generic titles like “CV” or “Resume” and get creative. For example, if you’re an underwriter, you can use a title like “Risk Analyst Extraordinaire” or “Master of Mitigating Risks.” Okay, maybe those are a bit too cheesy, but you get the point: make it stand out!

Now, let’s get down to the nitty-gritty – the key skills for an underwriter. As the person responsible for assessing and evaluating risks for insurance companies, your CV needs to showcase your analytical skills, attention to detail, and mathematical prowess. You should also highlight your experience in the insurance industry, knowledge of industry regulations, and any additional certifications or training you have in underwriting. And don’t forget to showcase your communication and teamwork skills, as underwriters often work in a team setting.

So, there you have it, folks! A glimpse into the world of CV writing for underwriters. Keep these tips in mind and get creative with your CV, and who knows, you may just land your dream job. Now, let’s dive into the details and learn how to structure your CV properly.

Resume Title

In this section, you’ll find powerful resume title examples tailored to different professions and experience levels. Use these samples for inspiration to optimize your application and stand out.

Experienced Underwriter with Proven Track Record of Risk Assessment and Mitigation

Detail-Oriented Underwriting Professional with Strong Analytical and Communication Skills

Results-Driven Underwriter with Extensive Knowledge of Mortgage Industry Regulations

Strategic Underwriting Specialist with Proficiency in Financial Analysis and Forecasting

Certified Underwriter with Expertise in Underwriting Guidelines and Customer Relationship Management

Resume Sumary / Profile

The resume summary — or ‘About Me’ section — is your chance to make a strong first impression in just a few lines. Discover powerful examples that grab recruiters’ attention and showcase your top skills and strengths.

As a highly experienced and detail-oriented Underwriter with over 10 years in the industry, I possess strong analytical skills and a comprehensive understanding of risk management. I have a proven track record of evaluating and underwriting complex loan applications while adhering to strict regulatory guidelines. My excellent communication and negotiation skills have also allowed me to maintain positive relationships with clients and colleagues. With my extensive knowledge and expertise, I am confident in my ability to make sound underwriting decisions and contribute to the overall success of any organization.

With a Bachelor’s degree in Finance and 5 years of experience as an Underwriter, I bring a diverse skill set to the table. My proficiency in financial analysis, risk assessment, and data interpretation has allowed me to effectively evaluate and approve mortgage applications. I am highly adaptable and possess strong problem-solving skills, which have enabled me to navigate through challenging market conditions and achieve business objectives. My attention to detail and ability to prioritize tasks have also resulted in a high accuracy rate in underwriting and reduced turnaround times for loan approvals.

A motivated and results-driven Underwriter with a passion for delivering exceptional customer service, I have 3 years of experience in the banking industry. My thorough understanding of loan products, industry regulations, and compliance standards has enabled me to effectively evaluate loan applications and mitigate risk. I am a critical thinker and possess excellent decision-making abilities, which have led to consistently successful outcomes in underwriting. With my strong work ethic and dedication to continuous learning, I am confident in my ability to bring value to any organization.

As a recent graduate with a degree in Business Administration and a focus on Finance, I am eager to kickstart my career as an Underwriter. Through my internship experience at a reputable lending institution, I gained hands-on experience in conducting financial analysis and performing risk assessments. I possess a strong aptitude for numbers and a keen eye for detail, which are essential qualities for the underwriting role. I am also a quick learner and possess excellent communication skills, making me a valuable addition to any team. I am excited for the opportunity to utilize my skills and contribute to the success of a dynamic organization.

Key & Personal Skills

“Recruiters highly value both technical skills and personal strengths. Discover the most relevant ones for this job and select those that best showcase your profile.”

Key Skills Qualities
1. Analytical skills – Attention to detail
2. Mathematical proficiency – Integrity
3. Risk assessment and management – Dependability
4. Communication skills – Ability to work under pressure
5. Financial analysis – Time management
6. Knowledge of insurance policies and regulations – Teamwork and collaboration
7. Attention to legal and ethical guidelines – Adaptability
8. Decision-making ability – Critical thinking
9. Computer proficiency – Customer service orientation
10. Negotiation skills – Problem-solving skills

Resume Tips

Research the Company

Before writing your resume, research the company to understand their values and culture. This will help you tailor your resume to match the company’s needs and stand out from other candidates.

Use Action Words

Instead of using passive phrases like “responsible for” or “duties included,” use strong action verbs to describe your accomplishments and responsibilities. This shows that you were proactive and took initiative in your role.

Tailor Your Experience to the Job

Your resume should highlight the most relevant experience and skills for the Underwriter position. Avoid including unrelated experience and focus on highlighting the qualifications that make you a strong fit for the role.

Quantify Your Achievements

Use numbers and metrics to showcase your achievements and impact in previous roles. This helps hiring managers understand the scope of your responsibilities and the results you were able to achieve.

Pay Attention to Layout and Formatting

A well-formatted resume is crucial in making a good first impression. Use consistent formatting, check for spelling and grammar errors, and use white space to make your resume visually appealing and easy to read.

Include Relevant Education and Certifications

Don’t forget to include any relevant education and certifications, such as a degree in finance or a certification in underwriting. This can show your dedication to the field and make you stand out as a qualified candidate.

Interview Questions

  1. What experience do you have in the insurance industry?
  2. What knowledge do you have in risk assessment and underwriting principles?
  3. How do you handle difficult or complex insurance cases?
  4. How do you ensure accuracy and attention to detail in your work?
  5. How do you keep up with changes and updates in the insurance industry and underwriting guidelines?
  • Answer: The answer to this question would differ for each individual, as experience can vary based on their previous job positions and roles. Some examples of experience in the insurance industry that an underwriter may have include working in a sales or customer service role at an insurance company, completing internships or trainee programs with insurance companies, or working as an assistant underwriter for several years before applying for the position. Candidates can also mention any relevant certifications or courses they have completed related to the industry.
  • Answer: Knowledge in risk assessment and underwriting principles is essential for this position. The candidate can mention a combination of formal education and on-the-job training as a source of their knowledge. Some examples of this knowledge can include understanding different types of insurance policies, knowing how to analyze data and determine risk levels, and being familiar with underwriting guidelines and procedures. Candidates can also mention any specific underwriting software or tools they are proficient in using.
  • Answer: The candidate can provide an example of a complex insurance case they were previously involved in and how they handled it. This could include describing their approach to gathering and analyzing information, consulting with colleagues or supervisors, and making a final decision on the case. The candidate can also mention any specific challenges they faced in the process and how they overcame them.
  • Answer: Attention to detail is a critical skill for an underwriter, as even small errors can have significant consequences. Candidates can provide examples of how they ensure accuracy in their work, such as meticulously reviewing policies and documents, utilizing software or checklists to catch errors, and seeking feedback from colleagues or supervisors. They can also mention any past experiences where they successfully identified and corrected errors in their work.
  • Answer: To keep up with changes and updates in the insurance industry and underwriting guidelines, candidates can mention their experience with continuous learning and staying informed. This can include attending conferences or workshops, reading industry publications and staying updated with market trends, and participating in training or development programs offered by their employer. They can also mention their adaptability and ability to quickly incorporate changes into their work processes.

The position of Underwriter involves assessing risk for insurance companies and other financial institutions. Their main mission is to review and analyze applications for insurance policies, loans, or other financial products to determine if they should be approved, denied, or require certain conditions. They also calculate premiums and ensure compliance with regulations and company policies.

Career development opportunities for Underwriters can include progressing to a senior or lead underwriter role, or moving into other areas such as risk management or sales. With additional education and experience, Underwriters may also have the opportunity to become an underwriting manager or executive.

In the United States, the salary range for a junior Underwriter is typically between $40,000 to $60,000 USD per year. Senior Underwriters can earn between $70,000 to $100,000 USD per year or more, depending on their level of experience and the organization they work for.

  1. What information should I include on my resume for an underwriter position?
    When writing a resume for an underwriter position, it is important to include your contact information, professional summary or objective, relevant work experience, education and certifications, technical skills, and any other relevant skills or achievements. It is also recommended to tailor your resume to the specific job description and highlight any experience or skills that align with the requirements of the underwriter role.
  2. Should I include my GPA on my underwriter resume?
    In most cases, including your GPA on your underwriter resume is not necessary unless you are a recent graduate or if it is exceptionally high (3.5 or above). Instead, focus on highlighting any relevant coursework or academic projects that showcase your skills and knowledge in the field of underwriting.
  3. Do I need to list all of my work experience on my underwriter resume?
    It is not necessary to list every job you have ever had on your underwriter resume. Instead, focus on including only the most relevant and recent work experience that highlights your skills and accomplishments in underwriting. Additionally, you can also include any internships or volunteer experience that demonstrate your understanding of the industry.
  4. How far back should I go with my underwriter resume work experience?
    In general, it is recommended to include at least 5-10 years of work experience on your underwriter resume. However, if you have previous experience that is relevant to the underwriter position and occurred more than 10 years ago, you can choose to include it as well. Just be sure to focus on the most recent and relevant work experience and avoid listing outdated or unrelated roles.
  5. How important is the formatting of my underwriter resume?
    The formatting of your underwriter resume is important as it can impact the overall readability and professionalism of the document. Use a clean and organized layout with appropriate headings and bullet points to make your resume stand out. Also, make sure to proofread for any spelling or grammatical errors and use consistent font and formatting throughout the document. Additionally, in some cases, the hiring manager may request a specific file format for your resume, so be sure to check the instructions before submitting your application.
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