To become an underwriter, get a bachelors degree in a field that requires you to take classes in finance or related areas. Work as a trainee under a senior underwriter, and earn training and certification designations as needed. It can take four years or longer to meet these qualifications.
- Obtain the proper education
Enroll in a bachelors degree program. Choose a business-related degree that requires ample courses in math, finance and economics.
- Apply for jobs
Find trainee position, and apply. Work as a trainee under the supervision of a senior underwriter until you have enough experience to handle increasingly complex tasks and to work alone. Beginners usually focus on simple applications and on very common risk considerations.
- Get certifications and designations
Complete the coursework necessary to become a certified underwriter. Certification is necessary for obtaining a senior underwriter or management position. New underwriters can enroll in a training program and earn a designation in either commercial underwriting or personal insurance. Such programs may take up to two years to complete. If you have three years of experience, you can aim for the Chartered Property and Casualty Underwriter designation. The American College of Financial Services offers basic classes and various underwriter designations as well.