Post job
zippia ai icon

Automatically apply for jobs with Zippia

Upload your resume to get started.

Underwriting technician skills for your resume and career

Updated January 8, 2025
2 min read
Below we've compiled a list of the most critical underwriting technician skills. We ranked the top skills for underwriting technicians based on the percentage of resumes they appeared on. For example, 17.4% of underwriting technician resumes contained cancellations as a skill. Continue reading to find out what skills an underwriting technician needs to be successful in the workplace.

15 underwriting technician skills for your resume and career

1. Cancellations

Here's how underwriting technicians use cancellations:
  • Analyzed endorsements cancellations and mortgage changes ensuring policies were rated accurately and costs distributed properly.
  • Process Insured Request cancellations and non-monetary endorsement requests.

2. Insurance Policies

Here's how underwriting technicians use insurance policies:
  • Coordinated with underwriters and ensured implementation of services and sales gained via information processing relating to commercial insurance policies.
  • Audited insurance policies; Enforced proof of license requirements; Communicated regularly with customers regarding policy changes.

3. Data Entry

Data entry means entering data into a company's system with the help of a keyboard. A person responsible for entering data may also be asked to verify the authenticity of the data being entered. A person doing data entry must pay great attention to tiny details.

Here's how underwriting technicians use data entry:
  • Analyzed policies for discrepancies Handled basic data entry into computer system during internship Cleared incoming policy submissions for approval by underwriters
  • Perform data entry of insurance application, including verification of information provided and compliance to state requirements.

4. 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 underwriting technicians use underwriting guidelines:
  • Answered questions from internal and external customers regarding various aspects of underwriting guidelines and procedures.
  • Conducted agency audits; reviewed new and renewal business in accordance to established underwriting guidelines.

5. Underwriting Analysis

Here's how underwriting technicians use underwriting analysis:
  • Researched and provided underwriting analysis of account information and ensured overall regulatory compliance.
  • Review underwriting requirements and refer applications, endorsement requests or other correspondence for further underwriting analysis when outside written authority.

6. Worksheets

Here's how underwriting technicians use worksheets:
  • Prepared underwriting/pricing exhibits (updated exposures, rating and pricing worksheets, updated account information).
  • Facilitated the establishment of umbrella pricing worksheets and risk documentation.

Choose from 10+ customizable underwriting technician resume templates

Build a professional underwriting technician resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your underwriting technician resume.

7. Underwriting Decisions

Here's how underwriting technicians use underwriting decisions:
  • Evaluated medical, non-medical, financial and business factors to maximize premium opportunity in underwriting decisions.
  • Provide underwriters with assistance and information necessary to make prudent underwriting decisions.

8. Insurance Applications

Here's how underwriting technicians use insurance applications:
  • Supported Senior and Associate underwriters in processing thousands of new business and renewal insurance applications.
  • Accomplished timely and accurate processing of new and renewal Property and Casualty insurance applications.

9. Underwriting Support

Here's how underwriting technicians use underwriting support:
  • Specialized in processing and underwriting support of new business directing multinational/local area from 2004 -2006.
  • Review and receive permission from Underwriting Support Technician Supervisor for exception to any practice.

10. Workers Compensation

Here's how underwriting technicians use workers compensation:
  • Evaluated and tested new computer programs for workers compensation and automobile rating.
  • Process upcoming renewals for workers compensation and general liability.

11. UW

Here's how underwriting technicians use uw:
  • Created ARF and completed missing or requested information with recommendation made to UW for their review.
  • Assisted UW with file management for service related issues, quote/bind/endorsement processed.

12. Strong Analytical

Here's how underwriting technicians use strong analytical:
  • Developed broker and reinsurance relationships to gain strong analytical skills and attention to detail.
  • State Farm was a high volume, fast paced environment that required me to be a strong analytical thinker !

13. Professional Customer Service

Here's how underwriting technicians use professional customer service:
  • Provided timely and professional customer services.
  • Build value for customers by providing timely and professional customer service to agents to facilitate the processing of business.

14. Financial Data

Here's how underwriting technicians use financial data:
  • Evaluate company's financial data and take part in audits.
  • Forecasted department budget on technical spreadsheets that show financial data about each account.

15. Loss Runs

A document that documents the history of claims made against a commercial insurance policy is called a loss run. It is comparable to a credit report and it includes information involving the date of the claim, a description of the event and the amount paid. Normally, a loss run will record five years of claim history.

Here's how underwriting technicians use loss runs:
  • Enter accurate data for new and renewal excess workers' compensation submissions for underwriters, including evaluating payrolls and loss runs/data.
  • Set up files, prepare loss runs, issue new business and renewals, and book new business and renewals.
top-skills

What skills help Underwriting Technicians find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

List of underwriting technician skills to add to your resume

Underwriting technician skills

The most important skills for an underwriting technician resume and required skills for an underwriting technician to have include:

  • Cancellations
  • Insurance Policies
  • Data Entry
  • Underwriting Guidelines
  • Underwriting Analysis
  • Worksheets
  • Underwriting Decisions
  • Insurance Applications
  • Underwriting Support
  • Workers Compensation
  • UW
  • Strong Analytical
  • Professional Customer Service
  • Financial Data
  • Loss Runs
  • Account Documentation
  • Computer System
  • Commercial Property
  • Underwriting Process
  • Issue Policies
  • General Liability
  • Pricing Strategy
  • Motor Vehicle
  • Loss Control
  • State Laws
  • Service Issues
  • Policy Changes
  • ISO
  • Policy Endorsements
  • Business Policies
  • Process Endorsements
  • Inspection Reports
  • Business Applications
  • Policy Holders
  • Policy Transactions
  • Mvrs
  • DMV
  • Business Accounts
  • PowerPoint
  • Insurance Brokers
  • B Reports
  • Bradstreet
  • AIG

Updated January 8, 2025

Zippia Research Team
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.

Browse business and financial jobs