Occupational Employment Statistics
13-2053 Insurance Underwriters
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
|
Southwest Minnesota
| 130 | 23 | $29.52/hr | $19.01/hr | $23.40/hr | $24.86/hr | $31.37/hr | $40.83/hr |
| Financial Activities | 2,180 | $32.34/hr |
| Professional and Business Services | 230 | $43.39/hr |
| Public Administration | N/A | N/A |
|
Securities, Commodities, and Financial Services Sales Agents
| 7,530 | $40.46/hr | 6.7% |
|
Insurance Sales Agents
| 8,520 | $32.24/hr | 2.6% |
|
Loan Officers
| 7,520 | $39.79/hr | 2.3% |
|
Loan Interviewers and Clerks
| 4,500 | $24.46/hr | -2.0% |
|
Tax Preparers
| 1,360 | $28.17/hr | 1.7% |
|
Credit Authorizers, Checkers, and Clerks
| 220 | $24.83/hr | -7.9% |
|
Managers, All Other
| 6,140 | $61.74/hr | N/A |
|
Brokerage Clerks
| 1,790 | $24.98/hr | -8.3% |
|
Financial Specialists, All Other
| 1,780 | $37.77/hr | N/A |
|
Tax Examiners and Collectors, and Revenue Agents
| 1,440 | $31.90/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.