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Underwriter

We find you amazing employees that cost up to 80% less than US equivalents.

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Hire Underwriter for up to 77% less

‍Finding you "All-Star Talent" at a fraction of the cost of US counterparts.

$7,500/month
Average US Employment Cost (with Benefits)
Up to 77% Savings
$1,700/month
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Average Philippine Employment Cost (with Benefits)
Up to 71% Savings
$2,200/month
Average LatAm Employment Cost (with Benefits)

Savings by hiring an Underwriter in The Philippines or Latin America

71%
77%
$ 6,000
$ 7,500
$ 3,000
$ 3,750

Job Description

What is an Underwriter?

An Underwriter plays a vital role in evaluating and mitigating financial risks by assessing insurance applications and determining appropriate coverage and premium terms. This position requires a deep understanding of risk factors, industry trends, and regulatory requirements to ensure that decisions align with company policies and guidelines.

Underwriters collaborate with cross-functional teams to provide insights, develop policies, and communicate decisions effectively. Their work directly impacts the company’s ability to manage risk while maintaining profitability and client satisfaction.

Job Duties
  • Cross-Functional Collaboration: Work closely with actuaries, claims adjusters, and other stakeholders to identify risk factors and develop risk mitigation strategies.
  • Data Analysis and Insights: Analyze financial and statistical data to assess risks, identify emerging trends, and provide actionable insights.
  • Industry Knowledge and Compliance: Stay current with industry trends, regulatory requirements, and best practices to ensure compliance and informed decision-making.
  • Risk Assessment and Underwriting: Evaluate insurance applications, assess risks, and make informed decisions on approval, modification, or rejection.
  • Premium and Policy Development: Determine appropriate premiums, policy terms, and coverage levels based on risk analysis and company guidelines.
  • Effective Communication: Communicate underwriting decisions, policy terms, and risk assessments to stakeholders clearly and professionally.