3532 — Insurance underwriters

What this occupation covers

Insurance underwriters identify and measure the risks associated with an activity, determine whether this risk is insurable and issue insurance policies which provide financial compensation in the event of loss.

Typical duties

receives and assesses proposals and propositions for insurance from brokers and clients

identifies and evaluates the risks associated with a proposal

liaises with insurance surveyors, actuaries and risk managers where the risks associated with a proposal are not clear

calculates premiums, provides quotations and, if acceptable to the client, issues policies

ensures that the insurance policy clearly defines the liabilities accepted and any exceptions or exclusions

negotiates terms of reinsurance contracts

Entry routes and qualifications

There are no formal academic requirements, although many employers expect entrants to study for and attain the associateship examinations of the Chartered Insurance Institute. Entrants to professional examinations usually require GCSEs/S grades and A levels/H grades, or a BTEC/SQA award.

Sponsorship information

Medium Skilled. Actual duties, sponsor, applicant, salary and any transitional or shortage-list conditions must be checked.

Temporary Shortage List: Insurance underwriters. Certificate of Sponsorship must be issued before 31 December 2026.

DBS assessment

No code-wide DBS assessment is assigned. Check actual duties, activities, workplace, frequency and jurisdiction. This code does not determine the level of check.

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