Jobs / Finance and accounting / 13-2053.00
Insurance Underwriters
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
- US jobs
- 105,420
- Median wage
- $81,370 a year
- Job family
- Finance and accounting
Can agents do the work of insurance underwriters?
We read the evidence at the level of the job family, Finance and accounting:
- Task levelPartialOn Vals AI's Finance Agent benchmark, where agents research SEC filings to answer an analyst's questions, the best model scores 64.4%. Adjacent spreadsheet tasks score higher (83.1% on SpreadsheetBench). No task-level benchmark in our collection tests bookkeeping or audit work inside accounting systems.
- Project levelPartialOn APEX-Agents, which includes investment-banking tasks written by professionals, the best agent passes 73.5% of tasks on the first try (all domains). OpenAI reports that GPT-5.5's GDPval deliverables, from occupations that include accountants and financial managers, won or tied against professionals' work in 84.9% of comparisons.
Benchmarks for the job family
These cover work in finance and accounting, not always this occupation's tasks.
- 1846 EloClaude Opus 5.5 (Adaptive Reasoning, Max Effort, Default Fallback) · 23 Sep 2026Unrated
Typical tasks
From O*NET 31.0. Core tasks first. Few of these tasks have a benchmark today.
- Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
- Decline excessive risks.
- Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
- Evaluate possibility of losses due to catastrophe or excessive insurance.
- Review company records to determine amount of insurance in force on single risk or group of closely related risks.
- Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
- Authorize reinsurance of policy when risk is high.
Other job titles for this occupation (38)
Account Underwriter · Automobile and Property Underwriter · Commercial Lines Underwriter · Health Underwriter · Life Underwriter · Personal Lines Underwriter · Underwriter · Underwriting Consultant · Account Manager Underwriter · Bond Underwriter · Casualty Underwriter · Commercial Credit Underwriter · Commercial Insurance Underwriter · Commercial Underwriter · Credit Underwriter · Direct Endorsement Underwriter (DE Underwriter) · Excess Casualty Underwriter · Field Underwriter · Group Underwriting Consultant · Inland Marine Underwriter · Insurance Analyst · Insurance Underwriter · Insurance Writer · Management Liability Underwriter · Marine Underwriter · Middle Market Underwriter · Production Underwriter · Professional Liability Underwriter · Property Underwriter · Stop Loss Underwriter · Surety Underwriter · Underwriting Account Representative · Underwriting Analyst · Underwriting Associate · Underwriting Executive · Underwriting Service Representative · Underwriting Specialist · Wholesale Underwriter