• assess insurance risk and decide whether to offer cover.
• set the terms and conditions of policies, and decide how much to charge for insurance premiums.
• make sure that policies are priced competitively for the customer but high enough for the company to cover claims and make a profit.
• studying insurance proposals
• gathering background information
• analyzing statistics from actuaries and other sources
• getting specialist risk assessments from experts such as surveyors
• assessing risk
• calculating premiums
• judging whether some of the risk should be shared with another insurer (re-insurance)
• preparing quotes and negotiating terms with brokers or business clients
• deciding if any special conditions should apply to policies
