What are your strengths? Give me an example of a conflict and how you dealt with it. Give me an example of a time when you were proactive/innovative. Give me an example of a decision that you regret haven made in the past.
Underwriter Interviews
Underwriter Interview Questions
"Insurance companies depend on underwriters to review insurance applications and determine whether they qualify for acceptance. Employers are looking to hire candidates with strong analytical and organizational skills and experience with computer software. In an interview context, expect to answer technical questions such as evaluating risk as well as behavioral questions that will assess your ability to work on a team and resolve difficult problems. To test your quantitative skills, an interviewer may through in a brain teaser."
Top Underwriter Interview Questions & How To Answer
Question 1
Question #1: When reviewing a claim, what factors could determine a higher risk level?
How to answer
How to answer: As an underwriter, you're responsible for ensuring that all claims, loans, and/or policies have a low level of risk to protect the interest of the individual or company issuing payment, funds, or coverage. When you answer this question, talk about the process you follow to assess the potential risk of each individual item you review. Include manual review processes and any AI- or computer-driven review processes.
Question 2
Question #2: Have you ever disagreed with another party involved in a claim or policy review?
How to answer
How to answer: Underwriters work with various individuals in the underwriting and review process, so they might disagree with one or more of those individuals. This question allows you to demonstrate your problem-solving and communication skills when you encounter conflict. As you answer, describe a specific situation with the STAR method: Situation, Action, Task, Result.
Question 3
Question #3: How do you manage multiple claims or requests?
How to answer
How to answer: An underwriter often works on multiple claims at once, so they need strong organizational and prioritization skills. In your answer to this question, you can outline any specific tools or processes you use when managing multiple requests, as well as how you manage deadlines and timelines. Since underwriters often have to submit their responses to requests within a certain timeline, it's important to have good time management skills.
4,411 underwriter interview questions shared by candidates
What do you like doing outside of work/university? Why Hiscox? Why underwriting? Tell me a time when you failed at something.
What's your greatest weakness? How you do manage multiple tasks? Why do you want to work for hiscox? What do you know about hiscox? How do you manage conflict? What are the challenges you think you'll face within the first 3 months? How would you rate a particular risk?
Why do you want to be an underwriter?
What factors should you consider when insuring a cargo ship>
What would you ask a broker when insuring a ship sailing from Southampton to New York?
How do your personal values match with those that RSA has?
What makes a successful underwriter? Where do you see yourself in 3 years? How will your educational background assist you in the underwriting role? What will be your biggest challenge in the underwriting role? What is risk based underwriting?
When did you work with someone else to achieve a goal?
where do you see yourself in 5 years?
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