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
| 110 | 19 | $31.98/hr | $23.57/hr | $25.25/hr | $30.14/hr | $30.93/hr | $47.38/hr |
| Trade, Transportation and Utilities | N/A | N/A |
| Financial Activities | 2,340 | $38.17/hr |
| Professional and Business Services | 320 | $40.59/hr |
|
Securities, Commodities, and Financial Services Sales Agents
| 7,690 | $38.70/hr | 6.2% |
|
Insurance Sales Agents
| 9,470 | $38.21/hr | 7.4% |
|
Loan Officers
| 6,950 | $41.05/hr | 0.7% |
|
Loan Interviewers and Clerks
| 3,300 | $24.35/hr | -3.2% |
|
Tax Preparers
| 1,330 | $31.83/hr | 1.7% |
|
Credit Authorizers, Checkers, and Clerks
| 100 | $24.30/hr | N/A |
|
Managers, All Other
| 4,640 | $77.09/hr | 3.1% |
|
Brokerage Clerks
| 1,300 | $29.35/hr | -9.2% |
|
Financial Specialists, All Other
| 810 | $39.97/hr | 6.3% |
|
Tax Examiners and Collectors, and Revenue Agents
| 290 | $31.70/hr | 3.4% |
- 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.