Insurance underwriters assess risk and evaluate applications for insurance coverage. They can also set rates and determine coverage amounts and terms. In Florida, the insurance industry is one of the most important contributors to the economy. With its diverse population, there are many opportunities for insurance underwriter jobs. In Florida, insurance underwriters are responsible for analyzing the risk of potential policyholders.
The job outlook for insurance underwriters in Florida is positive. According to the Bureau of Labor Statistics, the number of insurance underwriters in the state is expected to increase by 5. 2 between 2019 and 2029. This is slightly faster than the national average. Salaries for insurance underwriters in Florida vary depending on experience and the type of insurance industry job they hold.
According to the Bureau of Labor Statistics, the median salary for an insurance underwriter in Florida is 62,200. However, the top 10 of underwriters make more than 94,320. In order to become an insurance underwriter in Florida, you must have a bachelors degree in finance, business, or a related field. You must also have experience in the insurance industry. In addition, insurance underwriters must pass a licensing exam in order to be certified to practice in the state.1 | 2 | 3