New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    What is the main role of an insurance underwriter?

    A Paying claims Correct Answer Incorrect Answer
    B Assessing and pricing risks Correct Answer Incorrect Answer
    C Selling policies Correct Answer Incorrect Answer
    D Conducting market surveys Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The correct answer is C. Assessing and pricing risks. Underwriters evaluate the risk associated with an insurance application and determine the appropriate premium to charge.

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