Creating a strong resume for an insurance underwriter position is crucial. This article will show you proven resume examples and offer strategic advice tailored to the industry. You will learn key elements to include, like relevant experience and technical skills. Follow our tips to improve your resume and increase your chances of landing a job.
Next update scheduled for
Here's what we see in the best resumes for insurance underwriters.
Results With Numbers: Show your impact using numbers. Common metrics include
Include Job-specific Skills: Include skills on your resume that you have and are mentioned on the job description. Some popular ones are
Quantitative Evaluation: Employers value analytical ability. Use phrases like
Want to know if your insurance underwriter resume stands out? Our resume scoring tool gives you a clear picture of where you excel and where you can improve. It checks for key criteria that recruiters in the insurance industry look for.
Upload your resume now for an unbiased assessment. You'll get a score and tips to make your application stronger for underwriting positions.
As an underwriting professional, where you place your education on your resume can make a big difference. If you recently finished a relevant degree or certification, put this at the top of your resume. This shows you are up to date with the latest industry knowledge and skills. Courses related to finance, risk management, or business are good examples. For those with a solid work history, your education can follow your experience section.
Your most applicable education should be easy for hiring managers to find. Include degrees pertinent to insurance underwriting, such as actuarial science or economics. If you have certifications like Chartered Property Casualty Underwriter (CPCU), these can strengthen your position as a knowledgeable candidate. Remember to keep it simple and clear for managers to see your qualifications quickly.
Highlight your analytical skills by showcasing any experience with data analysis or software used in insurance underwriting. This is important as it shows your ability to evaluate risk and make decisions on insurance policies.
Include instances where your analysis led to successful outcomes, such as reduced loss ratios or improved client satisfaction. This provides proof of your expertise in the field.
Keep your resume short and focused. If you are beginning your career in underwriting or have less than 10 years of experience, aim for a single page. This helps you highlight your most relevant qualifications. Showcase your knowledge in risk assessment and decision-making skills upfront. Remember, it's not just about the length, but about presenting your best and most pertinent skills and experiences quickly.
For those with extensive underwriting experience or advanced positions, two pages are acceptable to cover your depth of experience. On the first page, prioritize details like your most recent role, significant achievements, and specialized underwriting skills. Insurance underwriting involves analysis and precision, a well-organized and concise resume reflects those qualities in you. Avoid tiny fonts and margins. Clarity matters more than squeezing in less critical information.
Mention any industry-specific certifications like Chartered Property Casualty Underwriter (CPCU) or Associate in Commercial Underwriting (AU). These certifications show specialized knowledge and commitment to the field.
Include any ongoing training or professional development courses related to risk assessment or insurance law. This indicates your continuous effort to stay updated in the industry.
When applying for jobs, it's key to know how resume screeners work. These systems, called Applicant Tracking Systems (ATS), sort and rank your resume. They compare your resume to the job description to see if you're a good fit. To get through the ATS, you need to match your resume to what the job asks for.
Here are a few tips for insurance underwriting roles:
Remember to keep your resume format simple. Fancy designs can confuse the ATS. Stick to text and avoid images or graphics.
You need to show you're a good fit for an underwriter role. Look closely at the job description. Use similar words and phrases to explain your skills. This makes it clear you have the right experience.
When crafting your resume, include specific skills that show you are a good fit for an insurance underwriter role. Your skills section should highlight your technical expertise in this field. Here are some key skills you might consider:
Include these skills in a dedicated section on your resume. This helps automated tracking systems (ATS) used by many companies to recognize your qualifications. ATS can filter resumes based on specific skills, so including them can help your resume get noticed.
Remember, you do not need to include all these skills. Choose those that best match your experience and the job you want. For instance, if you specialize in life insurance, stress your knowledge in related areas. If you work more with property and casualty, focus on those relevant skills. This tailored approach will show employers that your skills are a good match for their specific needs.
When you apply for a job as an insurance underwriter, showing evidence of leadership and promotions can set you apart. Employers look for candidates who can take charge and grow in their roles. Think about your work experience and find times when you had more responsibility or helped lead a team.
Here are some ways you can show your growth:
Remember to include numbers if you can, like how much you helped the company save or by what percentage you improved efficiency. This can be through actions like streamlining the underwriting process or implementing new software that improved accuracy.
Using numbers to show your impact helps employers see the value you've added to past roles. It's vital in underwriting, where decisions are data-driven and results-oriented. When you're unsure about exact figures, think through your experience to estimate the impact.
Remember, even estimated numbers can significantly strengthen your resume, as they provide a tangible measure of your professional abilities and achievements.
When you want to make your resume stand out, it's key to show how you have grown in your role. If you have moved up or led a team, this tells employers you are ready for responsibility.
Think about times when you had to make decisions or guide others. Even if you were not a manager, you can still show leadership. Look for examples like 'Chosen to train new staff' or 'Headed the transition to a new risk assessment system.' These show you can lead and take on more tasks.
When applying for insurance underwriting positions, showing your growth and leadership skills can be a key asset. If you've advanced in your career, make sure to highlight this on your resume.
Think about any committees or groups you have been a part of at work. Even if you're unsure about your leadership experiences, consider times you've trained new staff or when you were the point person for a complex account. These instances can demonstrate your leadership abilities.
When you apply for underwriter positions, consider the company size. For larger firms like AIG or Liberty Mutual, focus on your ability to manage significant risk portfolios. Show your understanding of complex regulatory environments. You might include phrases like 'experienced in high-volume risk assessment' or 'proficient in navigating industry regulations.'
For smaller companies or startups, such as Lemonade or Metromile, highlight your adaptability and hands-on experience. Smaller firms value direct involvement, so use phrases like 'adept at personalized risk solutions' or 'skilled in collaborative risk evaluation.' Remember to keep your language simple and your sentences short, to ensure your message is clear.