What is the subscriber doing?
The subscriber position is in the basic level in the insurance industry. The subscriber trainee learns how to explore the risk and determine whether it is acceptable to the insurance company. They also learn how to appreciate the risk to the client if the risk is considered acceptable. The subscriber also learns how to work with brokers, clients and other departments in the insurance industry. There are two main fields. The first is property and victim and the second is life and health. In order to be licensed, the subscriber usually completes the comprehensive study course and then has to pass an examination managed by the managing body. Most participants spend at least one year of adese of two, in a training program before they are considered a full subscriber. The subscriber trainee could be allowed to study and pass a license examination when employed, even if some companies expect an internmentist to be licensed before they are hired.
The subscriber spends most of his time learning about the specific market in which the insurance company specializes. There are many factors that determine which risks of insurance companies are willing to insure, and the trainee must learn how to evaluate these factors and assess whether the risk is suitable for society. It is also expected that the compensation will learn how to negotiate prices with brokers and clients.
In addition, subscribers are often responsible for ensuring compliance with the provisions of the insurance contract. The trainee will learn to plan surveys and premium audits. He or she will have to make judgments about which, if there are, safety protocols or recommendations for loss control must be made.
The subscribers' ferries must be well known in technology. Many tools they use to evaluate risk are based on software. Subscribers must be proficient in the programs for processors, tables and presentation software. Must also know how to communicate effectively via e -mail, phoneSystems and traditional written correspondence.
Underwriters must also be very focused on detail. To evaluate risk, they rely strongly on the information contained in applications and questionnaires. They must also diligently monitor brokers and clients to make sure that all the information necessary to evaluate the risk is known.