Occupational Employment Statistics
13-2053 Insurance Underwriters
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Northeast Minnesota
| 30 | 8 | $31.21/hr | $19.11/hr | $25.57/hr | $28.01/hr | $36.57/hr | $43.26/hr |
Financial Activities | 1,910 | $37.39/hr |
Professional and Business Services | 170 | $40.59/hr |
Public Administration | N/A | N/A |
Securities, Commodities, and Financial Services Sales Agents
| 8,560 | $36.33/hr | 6.7% |
Insurance Sales Agents
| 9,540 | $30.34/hr | 2.6% |
Loan Officers
| 8,020 | $38.66/hr | 2.3% |
Loan Interviewers and Clerks
| 5,160 | $23.77/hr | -2.0% |
Tax Preparers
| 1,430 | $30.00/hr | 1.7% |
Credit Authorizers, Checkers, and Clerks
| 460 | $31.83/hr | -7.9% |
Managers, All Other
| 5,740 | $64.34/hr | N/A |
Brokerage Clerks
| 1,570 | $25.31/hr | -8.3% |
Financial Specialists, All Other
| 1,460 | $37.13/hr | N/A |
Tax Examiners and Collectors, and Revenue Agents
| 1,090 | $33.14/hr | -2.5% |
- Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
- Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
- Decline excessive risks.
- Review company records to determine amount of insurance in force on single risk or group of closely related risks.
- Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
- Evaluate possibility of losses due to catastrophe or excessive insurance.
- Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
- Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
- Decline excessive risks.
- Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.