Marine insurers provide coverage for boats and ships, assessing the likelihood of risk before creating an insurance policy. They monitor transportation companies’ performance records and work with investigators to determine who is at fault in the event of an insurance loss. A marine insurer is a professional who provides insurance coverage for boats and ships. […]
A credit underwriter is responsible for approving or denying credit applications, weighing the possible profits against the risk of default. They review credit reports, financial documents, and collateral value, and can approve, decline, or counter-offer loans. Appeals can be made to senior underwriters. A credit underwriter is an individual employed by a bank or finance […]
Underwriters determine whether to extend insurance and set rates based on risk management assessments and statistical surveys. Insurance companies must determine an applicant’s likelihood of causing an accident to charge an appropriate price. Underwriters analyze data and personal information to make predictions about risk and may work for different types of insurance companies. An underwriter […]
An FHA underwriter assesses whether to provide an applicant with a mortgage using HUD guidelines. The underwriter can approve or deny the file, or approve it with contingencies. The loan officer collects information for the file, which includes mortgage application, bank statements, payroll, title work, and property valuation. An underwriter is an employee of a […]
Professional liability underwriters assess the risk of providing insurance to a customer and decide whether to approve or deny the policy, as well as establishing the terms and conditions. They rely on research and data to make informed decisions, and the specific duties may vary depending on the type of insurance company they work for. […]
An IPO involves a private company selling shares on the open market for the first time. The IPO underwriter helps make decisions related to the IPO and negotiates with finance executives. The lead IPO underwriter must decide whether to offer a firm commitment or a best efforts agreement. Most IPOs involve a firm commitment. IPO […]
Insurance underwriters evaluate risks and create policies for individuals and businesses. They collect information about clients’ past and present conditions, compare statistics, and calculate appropriate policy amounts and premiums. Underwriters in different industries assess different risks, and prospective underwriters typically obtain a bachelor’s degree in business administration or accounting. Experienced underwriters can advance their careers […]
