C120 – Underwriting Essentials



This course is addressed to the beginning underwriter. You will begin with an overview of the underwriter’s role as an investor of shareholder capital on behalf of the insurer. You will see how that role has evolved and how the underwriter accepts or rejects risk for the insurer within parameters both set by the insurer and imposed by the external environment. You will consider the many types of detailed knowledge, the “hard” and “soft” skills, and the temperament an underwriter needs to succeed. You will see these characteristics applied in the analysis of individual property, liability, and automobile risks. We strongly recommend that you take C11, C12, C13, and Cl4 before attempting this one.

Chapter Outlines:

  • Introduction to Underwriting
  • Underwriting the Risk: Overview
  • Underwriting the Applicant
  • Underwriting the Risk: Property
  • Underwriting the Risk: Liability
  • Underwriting the Risk: Automobile
  • Pricing the Risk
  • Underwriting Relationships
  • The Underwriting Environment
  • The Underwriting Temperament

Study Notes (Set 1):


Study Notes (Set 2):


Test Questions:

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Past Exams Without Answers:

  1. admin
    June 13th, 2010 at 21:20 | #1

    Hi Rob!

    Thanks for finding this error and it has been fixed. Sorry for the inconvenience!

    Regards,
    -Admin

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