Writing a cover letter for the job role as an Insurance Underwriter
If you are looking to get into the world of insurance as an insurance underwriter then you will assess the level of insurance that is required and for what purpose. This will involve visiting the client or site or item of equipment and ensuring that you assess the right details for the correct level of cover of insurance.
Usually you will have a keen interest in maths and finance and a good general standard of English. There are some more insurance based qualifications that you can do once in the industry but no formal qualifications that you need on entry level. An employer will be looking for someone who wants to work in the world of insurance, has excellent administration skills and can analyse and and report on different situations . It is an important role where making the wrong decision could be
very costly to the company.
A typical salary for an insurance underwriter is from £22,000 per annum depending on experience, location and size of business.
You can expect to undertake duties such as:
Arranging appointments to visit clients interested in taking out insurance
Assessing any damage and a claim on insurance and making decisions based on the claim
Researching and looking into information carefully so as to have all the correct facts.Keeping up to date with new insurance levels and covers and any changes that are made within the company Liaising with colleagues in the office and ensuring that you provide regular updates on clients and any visits through reports and updating the company database etc
Providing regular updates to clients on the telephone or in person Looking into insurance renewals.You may be an insurance underwriter for a specific industry depending on your previous work experience or you could be a generalist with a good background in insurance already. This is an important role for both your clients and the insurance company you work for so it is essential that you can pay attention to detail and examine the facts carefully.
Insurance Underwriter Cover Letter Example
Dear Recruitment Manager,
I was very interested to read about the Insurance Underwriter vacancy within your organisation, and have enclosed a copy of my CV for your consideration.
As you can see from my CV, have been underwriting insurance policies for over five years, and have worked in the insurance industry for more than seven years. From this, I have gained a great deal of experience and have a great working knowledge of the role of an Insurance Underwriter, and the responsibility associated with it.
My various transferable skills can enable me to find issues that may cause a policy to be cancelled. It is this type of attention to detail that makes me a vital part of your organisation. I have also achieved a Bachelor’s Degree in Business Administration.
Many thanks for your time, and I hope to hear from you in the near future.