underwriter
- noun
- /ˈʌndərˌraɪtər/
- Specialized
- As an experienced underwriter, she carefully assessed the risks before approving the insurance policy.
- insurance underwriter
- commercial underwriter
And I wound up getting a job and I started as a junior underwriter in the insurance business.
- And I wound up getting a job and I started as a junior underwriter in the insurance business.
Examples
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I was a senior underwriter for a mortgage insurance company.
Fiction book (2000) -
The system also imposed rigid requirements on the renewal of policies, a feature previously determined by the underwriters.
Academic text (1991) -
And I wound up getting a job and I started as a junior underwriter in the insurance business.
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The underwriters may ask questions about it.
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As any insurance underwriter will tell you, minimizing risk is always the way to go.
Blog text (7) -
Mr. Pedigo is the former Vice President and Chief Underwriter with Indianapolis Life.
Blog text (32) -
Several underwriters from the branches were co-opted into the project team to represent their function.
Academic text (1991) -
We were contracted by AGP underwriters who insured the victim.
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The underwriter didn't like the income-to-debt ratios, they're a little excessive.
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One final thought: Insurance underwriters require, of the purchaser, a bona fide insurable interest.
Blog text (15)
Synonyms
A business that pays money to people for losses when they pay regular fees
A company or person who pays for damage to your things
A company that pays people money when something bad happens after they pay for protection
A company that decides whether to accept risks and sells insurance to protect people or businesses
Compounds
- Specialized
A company that decides whether to accept risks and sells insurance to protect people or businesses
How Risky
Surface Forms
Morphology
underwriter = underwrite (semi-transparent) = under + write + er
The structure (under + write + -er) is clear, but the agent meaning 'one who assumes financial risk' is idiomatic and not directly inferable from 'under' + 'write' for many learners.
Etymology
Underwriter comes from a time when people would sign their name under a contract to accept a ship's risk, with the parts under- 'below' and write 'to sign' showing the image of writing beneath the paper. So an underwriter today is someone who agrees to take or check risk, especially for insurance.