Underwriting Trainee Interview Questions and Answers

Underwriting is the process of evaluating the risk of insuring a person or asset and determining the premium to be charged.

• Underwriting involves assessing the risk associated with insuring a particular individual or asset.

• Underwriters use various factors such as age, health, occupation, and past insurance claims to determine the likelihood of a claim being made.

• The underwriting process helps insurance companies set appropriate premiums to cover potential losses.

• Underwriting c...read more