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.
The Singapore College of Insurance (SCI) is a not-for-profit, industry-based professional training and education body set up in 1974, as part of Singapore's efforts to develop as an international insurance hub.
Discover and unlock your potential,visit the Singapore College of Insurance to learn more about the professional training courses and certification available.
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