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Account underwriter skills for your resume and career

Updated January 8, 2025

2 min read

Below we've compiled a list of the most critical account underwriter skills. We ranked the top skills for account underwriters based on the percentage of resumes they appeared on. For example, 23.8% of account underwriter resumes contained risk management as a skill. Continue reading to find out what skills an account underwriter needs to be successful in the workplace.

15 account underwriter skills for your resume and career

1. Risk Management

Risk management is the method of recognizing, evaluating, and managing risks to an organization's resources and profits. Financial insecurity, regulatory liability, strategic management mistakes, incidents, and natural hazards are just some of the challenges or dangers that could arise. For digitalized businesses, IT security vulnerabilities and data-related threats, as well as risk management techniques to mitigate them, have become top priorities.

Here's how account underwriters use risk management:

Interacted with Fire Protection Engineers, Risk Managers and various financial and risk management departments of large accounts.
Reviewed & prepared new & renewal business information for the Risk Management team & Account Managers.

2. Underwriting Process

Here's how account underwriters use underwriting process:

Scanned appropriate documents required for the underwriting process.
Coordinate excellent follow through with borrowers, loan processors, loan originators and management throughout all phases of the underwriting process.

3. Underwriting Guidelines

Underwriting guidelines are a set of rules and requirements an insurer provides to its agents and underwriters. The underwriter then uses these instructions to judge the prospective insured, whether to accept, modify or reject it. These guidelines help the insurers set the criteria for the customer and let them know the amount of money that should be offered to the client, or whether not to offer an insurance policy in the first place.

Here's how account underwriters use underwriting guidelines:

Accept, reject or modify new and renewal business to make profitable decisions while enforcing underwriting guidelines and risk assessment tactics.
Reviewed and analyzed new business applications, changes, non-renewals, and reinstatements using underwriting guidelines and state Insurance codes.

4. Underwriting Authority

Here's how account underwriters use underwriting authority:

Analyze and underwrite new business and renewal accounts within established underwriting authority
Determine the acceptability of submitted new business and renewal Property & Casualty insurance policies by using company guidelines and underwriting authority.

5. Financial Analysis

Here's how account underwriters use financial analysis:

Performed financial analysis, assessed non-financial areas within a credit relationship, evaluated credit risk and recommended appropriate loan structuring.
Completed quarterly financial analysis of assigned book of business and provided appropriate action plans and recommendations for process improvements.

6. National Accounts

Here's how account underwriters use national accounts:

Selected by underwriting management to be the representative to the National Accounts Computer Systems Council.
Served as chief underwriter on two national accounts.

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7. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how account underwriters use financial statements:

Conducted detailed review of financial statements, credit reports, and required modification documentation to ensure that investor criteria are upheld.
Performed analysis of business and personal financial statements and/or tax returns in addition to online credit scores and business intelligence.

8. Loss Ratio

Loss ratio is a term used in the insurance industry to represent the ratio of losses to earned premiums. The formula stands for adjustment expenses plus insurance claims divided by the total premiums.

Here's how account underwriters use loss ratio:

Achieved 0% loss ratio, retained 98% of renewals, and approval ratings of 100% consistently.
Improved book loss ratio by 15% and increasing pricing by 28%.

9. Risk Selection

Here's how account underwriters use risk selection:

Risk selection process for personal automobile and homeowners insurance lines; develop and maintain agency relationships.
Determined underwriting risk selections based on all information received to price the policy correctly.

10. Underwriting Policies

Here's how account underwriters use underwriting policies:

Established and reviewed underwriting policies and procedures.
Handle complex cases using knowledge of KP's services, product standards, and underwriting policies.

11. Account Executives

Account executives help build good relationships with new and existing clients. They interact with brand teams and clients, making them the point of contact. A sales development representative responsibilities entail facilitating sales, generating potential leads, and referring customers to the best salesperson. To succeed in this job post, you need to have the best customer service, math, analytical, interpersonal, and communication skills. A bachelor's degree in business marketing, sales, or a similar field fits this role.

Here's how account underwriters use account executives:

Maintained and build upon relationships with loan officers, account executives and department staff.
Worked with two account executives to maintain a book of $2.7M.

12. Assess Risk

Here's how account underwriters use assess risk:

Underwrite and assess risk for Bond and Financial Products and accounts in the Professional liability unit.

13. Credit Decisions

Here's how account underwriters use credit decisions:

Placed outbound calls in order to develop additional aspects of the application with the customer in order to make appropriate credit decisions
Partnered effectively with Relationship Managers in delivery and negotiation of credit decisions with clients; managed and optimized portfolio credit risks.

14. CPCU

Here's how account underwriters use cpcu:

Assisted in improving co-workers professionalism and presentation skills through encouraging participation in industry education (CPCU and Toastmasters).
Learned the basics of underwriting through on-the-job training, formal classes, and studying for and obtaining CPCU certification.

15. Customer Inquiries

Here's how account underwriters use customer inquiries:

Resolved customer inquiries, Anti Money Laundering, compliance and regulatory regulations.
Resolved customer inquiries with a sense of urgency and with respect for the customers' viewpoint.

5 Account Underwriter resume examples

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List of account underwriter skills to add to your resume

The most important skills for an account underwriter resume and required skills for an account underwriter to have include:

Risk Management
Underwriting Process
Underwriting Guidelines
Underwriting Authority
Financial Analysis
National Accounts
Financial Statements
Loss Ratio

Risk Selection
Underwriting Policies
Account Executives
Assess Risk
Credit Decisions
CPCU
Customer Inquiries
Workers Compensation

Underwriting Support
Account Underwriting
Customer Accounts
Commercial Property
Credit Reports
Outbound Calls

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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