Opportunities abound for underwriting professionals/millennials looking for exciting career Peter Miller, President and CEO of The Institutes, is optimistic about opportunities for underwriters. The Bureau of Labor Statistics (BLS) reports 33,000 openings for underwriters through 2020. In addition, the insurance industry follows society, so where there is growth in areas like energy, transportation and healthcare, there is opportunity in underwriting risks in those areas. Mr. Miller says The Institutes … Read More
Certification provides underwriters with necessary knowledge and credibility Certification is important to the insurance industry for two reasons, according to Peter Miller, President and CEO of The Institutes. “One is knowledge; the other is credibility.” Certification is an objective measure that says you are “up-to-speed on an industry that is changing rapidly.” Mr. Miller also notes that a third party certification makes underwriters presence more credible, lending credibility … Read More
Evolving skillset for underwriters includes analysis, critical thinking and interpersonal skills. The role of underwriter has evolved quickly over the past few years. Peter Miller, The Institutes President and CEO, believes the skillsets underwriters need to acquire are changing to include the ability to sift through tremendous amounts of data. He says underwriter need “to turn data into information.” He also believes underwriters must be able to think critically while understanding … Read More
