Showcase your risk assessment skills

Hiring managers want to see that you have a strong understanding of risk assessment and can make sound decisions based on your analysis. Highlight specific examples of how you've assessed risk in the past, such as:

• Analyzed data from 500+ policies to identify high-risk accounts, resulting in a 20% reduction in claims payouts
• Developed a new risk assessment model that improved accuracy by 15% and reduced processing time by 25%
• Collaborated with actuarial team to refine underwriting guidelines, resulting in a 10% increase in profitability

Avoid generic statements like:

• Assessed risk for various types of insurance policies
• Made underwriting decisions based on risk analysis

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   Demonstrate your analytical skills

Insurance underwriters need to be able to analyze complex data and draw meaningful conclusions. Show hiring managers that you have strong analytical skills by including examples like:

• Analyzed claims data for a portfolio of 10,000 policies to identify trends and develop risk mitigation strategies
• Created data visualizations and reports to communicate key insights to senior management, resulting in a 15% reduction in overall risk exposure
• Developed a predictive model that improved the accuracy of premium pricing by 20%

Avoid vague statements that don't demonstrate your impact, such as:

• Analyzed data to make underwriting decisions
• Created reports and presentations for management

   Highlight your industry knowledge

Employers want to see that you have a deep understanding of the insurance industry and the specific products you'll be underwriting. Showcase your industry knowledge by including details like:

• Expertise in underwriting commercial property, general liability, and workers' compensation policies
• Deep knowledge of state and federal regulations related to insurance underwriting
• Certified Insurance Counselor (CIC) designation, demonstrating commitment to ongoing education and professional development

Avoid generic statements that could apply to any industry, like:

• Knowledge of various insurance products
• Familiarity with industry regulations

   Quantify your impact

Whenever possible, use numbers and metrics to quantify the impact of your work. This helps hiring managers understand the scale and significance of your contributions. For example:

• Underwrote $50M in new policies annually while maintaining a loss ratio of less than 60%
• Reviewed and processed an average of 30 applications per day, with a 98% accuracy rate
• Implemented a new risk assessment process that reduced underwriting time by 30% and increased capacity by 20%

Avoid vague statements that don't give a sense of your impact, like:

• Underwrote a variety of insurance policies
• Processed a high volume of applications
• Improved the underwriting process

   Tailor your resume to the job description

Every insurance company has different products, markets, and risk appetites. Tailor your resume to the specific job you're applying for by highlighting the skills and experience that are most relevant. For example:

• If the job emphasizes commercial lines underwriting, focus on your experience with commercial property, liability, and workers' comp policies
• If the company specializes in a particular industry, like healthcare or construction, showcase any relevant industry expertise you have

Avoid using the same generic resume for every job application. Instead, take the time to customize your resume for each opportunity.

   Show your career progression

Hiring managers want to see that you've grown and developed throughout your career. Show your progression by highlighting promotions, increased responsibilities, and key accomplishments at each stage of your career. For example:

Underwriter, ABC Insurance (2018-Present)
- Promoted to Senior Underwriter after just 18 months based on strong performance and leadership skills
- Managed a team of 5 junior underwriters, providing training and mentorship to help them develop their skills
- Underwrote $75M in new policies annually while maintaining a loss ratio of less than 55%

Assistant Underwriter, XYZ Insurance (2016-2018)
- Developed expertise in underwriting commercial property and liability policies
- Assisted senior underwriters with risk assessment and policy pricing
- Earned Certified Insurance Service Representative (CISR) designation

By showing your progression and accomplishments over time, you demonstrate your ability to take on new challenges and grow within the company.