How to become an insurance underwriter
You can get into this job through:
- a university course
- a college course
- an apprenticeship
- working towards this role
- a graduate training scheme
You could take a degree before applying for a place on an insurance company's training scheme. Relevant degrees include:
- business studies
It will help to get some relevant work experience whilst you're studying, for example through an internship.
You'll usually need:
- 2 to 3 A levels, or equivalent, for a degree
You could do a T Level in Finance and then apply for trainee insurance underwriter roles and work towards further qualifications on the job.
- 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths for a T level
You could start by doing an insurance practitioner advanced apprenticeship.
You could also take an insurance professional higher apprenticeship, depending on your background and qualifications.
These take between 24 to 36 months to complete with a mix of workplace learning and study.
You'll usually need:
- 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths, for an advanced apprenticeship
- 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a higher or degree apprenticeship
You may be able to join an insurance company as a junior underwriter and work your way up by doing qualifications on the job, for example, like those offered by the Chartered Insurance Institute.
Employers set their own entry requirements, but it will help if you have GCSEs in English and maths, 1 or 2 A levels, and know how to use common office software, including spreadsheets.
You could apply to join a company's graduate training scheme if you've got a degree. Most subjects are accepted though you may have an advantage if you've studied business, maths or economics.
Professional and industry bodies
You could join the Chartered Insurance Institute for professional development and training opportunities.
You can find out more about working in insurance from the Chartered Insurance Institute and Step Forward.