Explore Careers - Job Market Report

in
Printing Options
Insurance Underwriters  (NOC 1234)
Stratford--Bruce Peninsula Region
Description |  Titles |  Duties |   Related Occupations

Insurance underwriters review and evaluate insurance applications to determine insurance risks, insurance premiums and extent of insurance coverage according to company policies. Insurance underwriters are employed at head and branch offices of insurance companies.

group underwriter, insurance underwriter, liability underwriter, property underwriter.

View all

Insurance underwriters perform some or all of the following duties:
  • Review individual and group applications for automobile, fire, health, liability, life, property, marine, aircraft and other insurance
  • Evaluate new and renewal applications to determine insurance risks, insurance premiums, extent of insurance coverage and other conditions of the insurance contract using medical reports, rate tables and other documents and reference materials; adjust premiums, coverage or risk itself to make acceptance of new and renewal applications possible
  • Approve sale of insurance policies and ensure compliance with government regulations
  • Provide recommendations on individual or group insurance plan designs
  • Provide underwriting advice and answer inquiries from clients and from insurance agents, consultants and other company personnel
  • Prepare underwriting reports and update insurance forms when necessary.
Included Cities in Region | Service Canada Offices

Owen Sound, Stratford, Bluewater, Clinton, Durham, Exeter, Goderich, Hanover, Huron East, Meaford, Seaforth, South Huron, St. Marys, Wingham

View all

View a list of Service Canada offices in this area.

Wages for Insurance Underwriters in Stratford--Bruce Peninsula Region

Wages depend on job requirements and work conditions. They also vary between regions, for reasons such as location, labour agreements, and the availability of workers. The wages below are estimated before taxes.

Wage Estimates

Table of wage levels for your chosen occupation in your region as well as in the rest of the province or territory.
Location Wage ($/hr) Note
Low Median High
Stratford--Bruce Peninsula Region 12.00 16.41 28.02 NoteLink opens in a new window
Reference Period: 2010-2011
Source: Labour Force Survey - Statistics Canada
[ Source: Labour Market Information - HRSDC | Wage Methodology ]
Please consult the Ontario and Canada tabs for more useful information related to wages.