Job type

Insurance underwriter

£18k - £65k

Typical salary

36 – 38

Hours per week

Insurance underwriters decide whether to insure a person or company, and set out the details of insurance policies.

More info

  • You'll assess the evidence and make recommendations about whether an insurance company should insure a client
  • You'll need maths, statistics, negotiation, and networking skills, and the ability to analyse complex information
  • Option to move into management or apply for related jobs like risk management, loss adjusting, and claims management

You'll usually specialise in 1 of 4 areas, including life insurance (covering illness, injury and death); general insurance (covering household, travel or vehicles); commercial insurance (covering companies); or reinsurance (where part of the risk is covered by another company).


  • Studying insurance proposals
  • Gathering background information like medical histories
  • Analysing statistics from actuaries and other sources
  • Getting specialist risk assessments from experts like surveyors or doctors
  • Assessing risk (the likelihood of an insurance payout)
  • Calculating the price of insurance premiums
  • Judging whether to share the risk with another insurer
  • Preparing quotes and negotiating terms with brokers or business clients
  • Writing policies
  • Maintaining accurate and detailed records


You'll work in an office.

You'll need

This role requires thoroughness, attention to detail, analytical thinking skills, patience and the ability to remain calm, to work well with others and accept criticism, knowledge of medicine, dentistry and English language, and excellent verbal communication skills.

You could take a degree in business, finance, maths or economics, which could help you get onto an insurance company's graduate training scheme. Relevant work experience while you're studying could be beneficial, such as an internship.

You could get into this job by doing an advanced apprenticeship in providing financial services insurance, or an insurance practitioner advanced apprenticeship. You could also take an insurance professional higher apprenticeship, depending on your background and qualifications.

You might be able to join an insurance company as a junior underwriter, working your way up by doing qualifications on the job, offered by the Chartered Insurance Institute. Entry requirements by employers might include GCSEs in English and maths, 1 or 2 A levels and knowledge of common office software.

You could also apply to join a company's graduate training scheme if you've got a degree; advantageous degrees include business, maths or economics.


With experience, you could deal with more complex risks. You could also move into management or apply for related jobs like risk management, loss adjusting and claims management.