Insurance Underwriters

Does not pass

• Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 22.3% of the role's time · $2.2B

• Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.

  reason given most often: no existing check settles it · 18.6% of the role's time · $1.8B · waiting on a check

• Review company records to determine amount of insurance in force on single risk or group of closely related risks.

  reason given most often: a failure is too expensive · 13.7% of the role's time · $1.3B

• Evaluate possibility of losses due to catastrophe or excessive insurance.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 13.7% of the role's time · $1.3B

• 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.

  reason given most often: nobody can tell quickly whether it worked · 12.7% of the role's time · $1.2B

• Decline excessive risks.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 12.1% of the role's time · $1.2B

• Authorize reinsurance of policy when risk is high.

  an accountable sign-off — stays with a person · 7.1% of the role's time · $689M