Ruletheworld16

What should I study to become an underwriter?

Can you tell me about colleges which offers such course?

by Ruletheworld16
2 answers
| Share :

2 answers

RE: What should I study to become an underwriter?

Vivek Kumar
Vivek Kumar
Verified Career Expert
Counselor / Subject Matter Expert in Microbiology
  • Meerut

Dear Aspirant, to become an underwriter which is good field for job opportunities now a days. Let me first explain you what is under writer: A company of other entity that administers the public issuance and distribution of securities from a corporation or other issuing body. An under write works closely with the issuing body to determine the offering price for the securities, buy them for the issuer and sells them to investors via the under write distribution network.
Under writers generally receives their underwriting fees from their issuing clients but they also usually earn profits when selling the under written shares to investors. However, the under writer assumes the responsibilities of distributing the securities issues to the public. If they cant sell all the securities at the specified offering price , they may be forced to sell the securities for less than they paid for them or retain the securities for themselves.
Now there are different types or groups of under writings:
1. Real state under writing
2. Forensic under writing
3. Sponsorship under writing
4. Insurance under writing


5. Bank under writing
6. Mortgage underwriter
7. Sponsorship under writing
To become an under writer you have to study the courses, which could be a bachelors degree in accounting, finance, sales, economics, banking or commerce. After obtaining the degree form a reputed institute or university, you have to under go training where you may choose to specialize. The specialization fields I have mentioned above.
The training will help you to understand more about the jobs of a under writer. During training program, you have to be very vigilant, so that you can learn and understand the things. The training program will only sharpen your skills and talent. After completion of training program you can choose your field. Although the specialization in which you have undergone training, will help you more. Therefore, it will be very important for you to choose your specialization at initial stage.
Another very important point will be during your training program, try to do things independently, this will give you confidence later when you will work independently. If any thing goes wrong, your superior or trainer will be there to correct you.
The under writer can also be self employed.

RE: What should I study to become an underwriter?

Apurva Kumar Pandya, PhD
Apurva Kumar Pandya, PhD
Verified Career Expert
Consulting Psychologist
  • Delhi

Dear Aspirant,

Thanks for writing to us.

Very interesting question. The field of underwriting is not much known in India. Well, Career Expert Vivek has provided definition of underwriting and various fields where underwrite can work.

I am sharing educational qualification and training to work as a underwriter:

Graduation in any field however, graduation in finance, economics, maths, commerce, business administration etc. are preferred by most companies.

Post-graduation in finance, commerce, business administration adds to an advantage.

Candidates need following skills:

effective analytical skills;
strong interpersonal and communication skills, both written and verbal;
negotiation skills and the ability to influence others;
the ability to absorb technical information;
decision-making skills;
numeracy and statistical skills;
problem-solving skills and a logical approach to work;
the ability to work to tight deadlines;
teamwork and customer service skills.

Hope this is helpful.

Best Wishes for bright career,
Apurva Kumar Pandya, PhD

RE: What should I study to become an underwriter?

This topic is now closed. New replies are no longer allowed.
Latest ANSWERS

List of colleges where I can apply for M.Tech without GATE score?

hi  you can go with these universities   Alliance University Bangalore Jain University Bangalore Christ University Bangalore  Dayananda .. read more

Duration of the paramedical courses after 12th? Best colleges offering the course? What is the scope in it?

Here are the full information of paramedical courses after 12th: COURSE OPTIONS: There are three main course options as follows: – Certificate c .. read more

I want to become lecturer after bsc nursing...Plz help me....My parents are forcing for neet..... Call me plz

Do not let decide others for your future .NEET alos has ggod scope but if you are not interested you must not do it.You can go for CSIR NET Exam in Bo .. read more

Respected Sir i want to know eligibility for NET and SET examination what is upper age limit and education qualification required

Maximum 30 years (upper age limit) is decides by UGC and age relaxation is 5 years (SC/ST/OBC /PH /VH/Female) candidates For Junior Research Fellowshi .. read more
Most Popular

What is the best way to get a good rank in NEET and AIIMS? what are the fee structure of mbbs in india?

Hello Arshita..!! Cracking NEET is not something which can be accomplished easily. It will need lots of hard work and concentration. But sometimes, ha .. read more

What are the Competitive exams that I can attend after my Inter 2nd year(10+2)??

Hello, You can prepare for IIT JEE Exam to make career in the Engineering Field If you get admission in IIT s or NITs you will get good placement Camp .. read more

I complete my graduation n I want to know what do after b.comi have a interest in upsc exam but side by side other options r available fr m?

First of all Congratulations for completion of your graduation.   It will be beneficial for you to prepare yourself for other competitive exam wi .. read more

Hello Sir my self hemant Lakhotia.I want to take ur presious advise about forensic science

Hello sir, I am piyush jaiswal from kolkata, i am reading in class 11. I want 2 study forensic science and also want to make my career in it . So what .. read more
Caching Date: 2/20/2018 1:00:01 PM