Careers

career-inner-banner Underwriter
Article intro:
Careers in General Insurance
Personal Lines Underwriter

Underwriter

An insurance underwriter is a financial professional that evaluates the risks of insuring a particular person or asset and uses that information to set premium pricing for insurance policies. Underwriters use computer programs and actuarial data to determine the likelihood and magnitude of a payout over the life of the policy. Higher-risk individuals and assets will have to pay more in premiums to receive the same level of protection as compared to a lower-risk person or asset.

GIA Internship Programme

The GIA Internship Programme (or GIP as it is commonly known) is an annual talent development initiative introduced in 2008 to provide undergraduates with the opportunity to experience the dynamic general insurance industry.

Interns are attached to participating host companies for a period of 10-12 weeks, working under the guidance of a mentor. The GIP is typically during the May-August semester break.

A testament to the success of the GIP, over 260 interns have benefitted over the past 10 years, establishing its positions as a world-class internship programme.