What Is A Field Underwriter. Assessing risk means determining if there is a way for the loans, policies et al to work out for their company. Underwriters weigh whether the risk outweighs the whether an underwriter is evaluating the risk of insuring a car, a home or an individual seeking health insurance, it is a necessary step for insurers to rely on them. An underwriter is the party that assesses and evaluates the risk of whatever their particular field has (mortgage, loan, health policy, investment, etc the position of underwriter is itself risky.
An underwriter is a person or firm that assumes financial risks on behalf of another.
Desktop underwriter is an automated mortgage underwriting system that calculates whether a loan is approved. An underwriter is an individual working for mortgage lenders who determines whether or not a borrower's loan is approved. Underwriting exists in the banking business, in bond assessment, in the insurance industry and in the risk management context. An investment bank that acts as an intermediary between the issuing company and the investors who purchase the company's debt. Generally, underwriting is the process of assuming risk in return for compensation. An initial decision by the insurance agent in the field about a prospective insured, based on whether they may meet the underwriting standards of the insurer. Which of the following describes a person who is not acceptable by an insurer at standard rates because of health history, occupation, or hobbies? A person who decides whether a bank should give an activity financial support and take….
