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 organisational skills and experience with computer software. In an interview context, expect to answer technical questions such as evaluating risk as well as behavioural questions that will assess your ability to work on a team and resolve difficult problems. An interviewer may test your quantitative skills by means of a brain teaser.

3,115 Underwriter interview questions shared by candidates

Top Underwriter Interview Questions & How To Answer

Here are three top underwriter interview questions and tips on how to answer them:

Question No. 1: When reviewing a claim, what factors could determine a higher risk level?

How to answer: As an underwriter, you are 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 No. 2: Have you ever disagreed with another party involved in a claim or policy review?

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 using the STAR method: situation, action, task, result.

Question No. 3: How do you manage multiple claims or requests?

How to answer: An underwriter often works on multiple claims at once, so they need strong organisational and prioritisation 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 is important to have good time-management skills.

Top Interview Questions

Sort: Relevance|Popular|Date
State Farm
Underwriter was asked...May 8, 2014

I was e-mailed a request for an interview early April for the end o the month. The hiring team allow you a great amount of time to prepare. On the day of the interview of the interview you will be briefed for 15 mins by a HR Recruiter and Underwriter. They will simply give you a more in-depth look int the position. The will give you great tips to focus on in the interview. Finally, your interviewer will come and get you, and the other few interviewees individually. This is the time to shine. Make sure you practice COMPETENCY BASED interviews. That is the type of interview you will have. Ensure that you refresh yourself on ways to answer, "Why are you considering leaving your current employer?" In a VERY concise manner, tell them about yourself. Remember to do something that will grab their attention and keep it relevant to the position. The questions are easy, just remember to focus on relating your work/experiences on those outlined in the job description. However, make sure you listen carefully and use the STAR method for each answer. After which, you will debrief with the managers that interviewed you, and then a HR Rep will come and go over benefits, and other details of the offer package. You will then receive your offer letter via e-mail between 7-10 business day later.

23 Answers

Yea. Hire Right e-mailed me back to verify a previous employer, but like I told them. I was working for that employer through the temp agency and I told them that in the interview. But after calling Hire Right back, they said they were able to confirm it. So, I'm assuming its in State Farm's hands now. Less

I had similar situation, i had a unpaid internship, that they could not verify, and i explained to them, they said they would close that, i don't know if that is good or not. I am pretty panic for that. Less

I don't think any of us should be worried. We won them over in the interview, HireRight has verified us. The hold up is State Farm preparing the finalized offer letter info I'm sure. We all will have that final offer SOON Less

Show more responses
Adyen
Underwriter was asked...October 19, 2020

O que vc sabe sobre nossa fórmula?

4 Answers

Website, vídeos

Essa grande fintech de origem holandesa está objetivamente categorizada como uma empresa do setor de pagamentos, contudo, a mídia demostra se tratar de um grande sucesso no segmento, não apenas pela ampla adesão de seus serviços por renomadas cias. nacionais ou internacionais ou pela possível aceitação futura de criptomoedas, mas porque os números apresentados aos seus investidores demostram uma grande empresa performando de forma a protrair seu sucesso de forma perene por ser uma "empresa de tecnologia de pagamentos com operação global", se posicionando como "um dos principais players do mercado de pagamentos do mundo" (Jean Christian Mies) Less

Essa grande fintech de origem holandesa está objetivamente categorizada como uma empresa do setor de pagamentos, contudo, a mídia demostra se tratar de um grande sucesso no segmento, não apenas pela ampla adesão de seus serviços por renomadas cias. nacionais ou internacionais ou pela possível aceitação futura de criptomoedas, mas porque os números apresentados aos seus investidores demostram uma grande empresa performando de forma a protrair seu sucesso de forma perene por ser uma "empresa de tecnologia de pagamentos com operação global", se posicionando como "um dos principais players do mercado de pagamentos do mundo" (Jean Christian Mies) Less

Show more responses
State Farm

1. Tell me a little more about yourself. 2. Give a specific example of how you have demonstrated your ability to handle multiple priorities and deliver results. Describe the situation and the manner in which you addressed it. 3. Do you know about the position you are applying for? 4. Tell me about what you did to prepare for today's interview. 5. Tell me about a time when you provided excellent customer service. *Two more customer service type questions I can't quite remember.

4 Answers

No it was all done over the phone. I was interviewed over the phone, then hired right after the interview was over over the phone on the same day. Good luck! Less

Were you invited for a face-to-face interview, or was everything handled by phone? Less

Were you required to take an assessment?

Show more responses
Burns & Wilcox
Underwriter was asked...November 5, 2012

How much do you want to make?

3 Answers

I'd ask how much the interviewer makes.

I'd ask how much the interviewer makes.

I tried to tiptoe around this and told him I was open to a competitive salary, but he pressed and made me give a number. Less

AIG
Underwriter was asked...February 21, 2020

written test

3 Answers

f2f

Yes

Yes

MJ Kelly

I was asked "What I could bring to the table?" before I really knew what the position entailed. I explain that I had experience at multiple insurance agencies - all of which they performed underwriting for - and I have experience at all stages of the insurance process.

3 Answers

There were not really any hard questions or "trick questions." They just asked me expected questions, and I answered them truthfully. It just seemed straightforward and a refreshing change compared to employers that take weeks and string you along in the interview and/or hiring process. It's a pity that I was treated without respect after only 5 days and terminated along with 2 other underwriters placed by the same staffing agency. MJ Kelly just withdrew their contract with the staffing agency. I was given no reason. Less

Owner fires people on a regular basis... including managers... turnover is frequent HO in MO is ok to work for... but stay away from Little Rock office Less

I would totally stay away from MJ Kelly. Horrible bosses and only Springfield office is good! Less

Berkshire Hathaway Homestate Companies

You have a birthday cake and have exactly 3 slices to cut it into 8 equal pieces. How do you do it?

3 Answers

First cut the cake in half SIDEWAYS (in two LAYERS). Then cut the cake in half across the TOP (visually makes 2 semi-circles). Lastly, cut the cake in half across the top again (perpendicularly to the other cut). You now have 8, equally portioned slices. Less

Cut the 3 pieces into thirds to get 9 equal pieces. Eat one piece and you are left with 8. Less

First cut into half across the top, then cut the halves in half also across the top (you now have 4 equal pieces) then cut across the middle = 8. Less

Citi

What is a 1003?

3 Answers

Mortgage home loan application

Residential Home Loan Application

Mortgage loan application

Citi

The questions were not difficult for the position. A lot on tax return analysis, as well as appraisal analysis. What are the three main types of appraisals?

3 Answers

Sales comparison approach; cost approach; income capitalization approach.

single family, condo, 2-4

Single family

State Farm
Underwriter was asked...December 15, 2015

The policies and procedures test was a hard to me

3 Answers

Na

In your email, was the title: Competitive Screening Results?

Did you get the job?

Viewing 1 - 10 of 3,115 interview questions