Summary Insurance Underwriter near Montréal (QC)

National Occupational Classification update

We have updated this page to reflect the transition to the 2021 version of the National Occupational Classification (NOC). This means that the occupation "insurance underwriter" was moved from the group Insurance underwriters (NOC 1313) to the group Insurance underwriters (NOC 12202).

Find key facts and figures about working as an insurance underwriter. The following information is applicable to all Insurance underwriters (NOC 12202).

Note that some information in this job profile is based on the 2016 version of the NOC.

Description

Insurance underwriters review and evaluate insurance applications to determine insurance risks, insurance premiums and extent of insurance coverage according to company policies. They are employed at head and branch offices of insurance companies.

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Requirements

College or apprenticeship

This occupation usually requires a college diploma (community college, institute of technology or CÉGEP), an apprenticeship training of 2 or more years, or experience working in a supervisory occupation.

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Wages

$31.40/hour

Median wage in the Montréal Region

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Prospects

Good

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Jobs

13 jobs

advertised near Montréal (QC)

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Skills

  • Review individual and group applications for insurance
  • Evaluate new and renewal applications to determine insurance risks, insurance premiums, extent of coverage and other conditions
  • Use medical reports, rate tables and other documents to determine coverage
  • Approve sale of insurance policies
  • Ensure compliance with government regulations

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