Liability Underwriter Salary in Cedar Rapids, IA

A Liability Underwriter is responsible for evaluating and assessing the potential risks associated with providing insurance coverage for various liabilities, such as professional liability, general liability, and product liability. They analyze the information provided by the applicant, including financial statements, claims history, and risk management practices, to determine the appropriate coverage and premium rates. They also collaborate with other underwriters, actuaries, and claims adjusters to ensure that the insurance policies are accurately priced and adequately cover potential liabilities. Additionally, they may also be involved in developing and implementing underwriting guidelines and strategies to effectively manage and mitigate risks for the insurance company. Strong analytical skills, attention to detail, and knowledge of insurance regulations and industry trends are essential for this role.