Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880

Median Annual Pay

Jobs growth:

-3% projected 2024–2034

Bachelor's degree

Typical Entry-Level Education

What They Do

Insurance underwriters spend their days analyzing risk and making critical decisions about who gets insurance coverage and at what price. They review applications for various types of insurance—life, health, auto, or property—examining detailed information about applicants' backgrounds, medical histories, financial records, or property conditions. Working primarily in offices, they use specialized software to assess risk factors, calculate potential costs, and determine whether to approve, modify, or deny coverage requests.

Programs That Prepare You

College programs linked to this occupation, ranked by graduate earnings

Management Sciences and Quantitative Methods(masters)Dartmouth College, NH

Management Sciences and Quantitative Methods(masters)Massachusetts Institute of Technology, MA

Management Sciences and Quantitative Methods(professional)University of California-Berkeley, CA

Management Sciences and Quantitative Methods(masters)Columbia University in the City of New York, NY

Management Sciences and Quantitative Methods(masters)University of Chicago, IL

Management Sciences and Quantitative Methods(masters)New York University, NY

Management Sciences and Quantitative Methods(masters)Georgetown University, DC

Management Sciences and Quantitative Methods(masters)Carnegie Mellon University, PA

Management Sciences and Quantitative Methods(masters)University of California-Los Angeles, CA

Management Sciences and Quantitative Methods(grad-cert)University of Southern California, CA

Insurance(masters)Boston University, MA

Management Sciences and Quantitative Methods(masters)University of California-Davis, CA

Management Sciences and Quantitative Methods(professional)University of Notre Dame, IN

Management Sciences and Quantitative Methods(masters)Northwestern University, IL

Management Sciences and Quantitative Methods(masters)University of San Francisco, CA

Management Sciences and Quantitative Methods(masters)Vanderbilt University, TN

Management Sciences and Quantitative Methods(masters)Indiana University-Bloomington, IN

Management Sciences and Quantitative Methods(masters)University of Rochester, NY

Management Sciences and Quantitative Methods(masters)Texas A&M University-College Station, TX

Management Sciences and Quantitative Methods(masters)Georgia Institute of Technology-Main Campus, GA

Management Sciences and Quantitative Methods(masters)University of Southern California, CA

Management Sciences and Quantitative Methods(masters)West Virginia University, WV

Management Sciences and Quantitative Methods(masters)Villanova University, PA

Management Sciences and Quantitative Methods(masters)Quinnipiac University, CT

Management Sciences and Quantitative Methods(masters)National University, CA

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