How to Write a Underwriter Cover Letter (With Example)

Learn practical steps for writing a strong underwriter cover letter. This guide helps you highlight your skills and experiences, making a lasting impression on employers. Includes a clear example for reference. Ideal for anyone looking to enhance their job application.

A cover letter is a key part of applying for an underwriter job. It's your chance to show why you're a good fit for the role. An underwriter looks at risks for insurance companies or banks. They decide if it's safe to give someone insurance or a loan.

Writing a good cover letter takes time and effort. It's not just about listing your skills. You need to explain why you're the right person for the job. A strong cover letter can help you stand out from other people who want the same job.

In this article, we'll talk about how to write a cover letter for an underwriter position. We'll cover what to include and what to avoid. We'll also give you an example to help you get started.

Remember, your cover letter should be short and to the point. It should make the person reading it want to learn more about you. Think of it as your first impression on paper. You want to come across as professional, skilled, and eager to work.

We'll go through each part of a good cover letter step by step. By the end, you'll have a clear idea of how to write your own. Whether you're new to the field or have years of experience, these tips will help you create a cover letter that gets noticed.

Underwriter Cover Letter Example

Tommy Price
(475) 689-6497
Kaylee Hunt
Hiring Manager
The Hartford

Dear Kaylee Hunt,

I am writing to express my strong interest in the Underwriter position at The Hartford. With my keen analytical skills, attention to detail, and passion for risk assessment, I believe I would be a valuable asset to your esteemed organization.

As an aspiring underwriter, I have developed a comprehensive understanding of insurance principles, financial analysis, and risk management techniques. My academic background in finance and economics, coupled with my natural aptitude for numbers, has prepared me well for the challenges of this role. I am particularly drawn to The Hartford's reputation for innovation in the insurance industry and your commitment to providing tailored solutions to clients.

Throughout my studies and internships, I have honed my ability to evaluate complex financial data, assess risk factors, and make informed decisions. I am proficient in using industry-standard underwriting software and have a keen eye for identifying potential red flags in insurance applications. My strong communication skills enable me to effectively collaborate with agents, brokers, and clients to gather necessary information and explain underwriting decisions clearly and professionally.

I am impressed by The Hartford's long-standing history and its position as a leader in the insurance market. Your company's focus on sustainability and commitment to helping individuals and businesses prevail through unexpected circumstances aligns perfectly with my personal values and career aspirations. I am excited about the prospect of contributing to your team and helping to maintain The Hartford's excellent reputation in risk assessment and policy underwriting.

My adaptability, eagerness to learn, and strong work ethic make me an ideal candidate for this position. I am committed to staying current with industry trends and regulations, and I am confident in my ability to quickly become a productive member of your underwriting team.

Thank you for considering my application. I look forward to the opportunity to discuss how my skills and enthusiasm can contribute to The Hartford's continued success. Please feel free to contact me at your convenience to arrange an interview.


Tommy Price

How to Write & Format a Cover Letter Header

The header of your underwriter cover letter is the first thing a hiring manager sees, making it a crucial element in creating a positive first impression. A well-structured header provides essential contact information and sets a professional tone for the rest of your letter.

Key Components of a Cover Letter Header

Your header should include:

  1. Your full name
  2. Phone number
  3. Email address
  4. City and state (optional)
  5. LinkedIn profile or professional website (optional)

Formatting Tips

Keep your header clean and easy to read. Use a professional font and ensure proper spacing between elements. Align the header to the left or center of the page, matching the formatting of your resume for consistency.

Professional Email Address

Ensure your email address is professional, ideally using some variation of your name. Avoid using nicknames or humorous email addresses that may appear unprofessional.

Optional Elements

Consider including your LinkedIn profile or professional website if they showcase relevant experience or accomplishments. However, only include these if they are up-to-date and reflect positively on your candidacy.

By crafting a clear, concise, and professional header, you set the stage for a compelling cover letter that highlights your qualifications as an underwriter.

Tommy Price
(475) 689-6497
Kaylee Hunt
Hiring Manager
The Hartford

Greeting Your Potential Employer

After crafting a professional header for your underwriter cover letter, it's time to focus on the greeting. This seemingly small detail can set the tone for your entire letter and make a significant first impression on the hiring manager.

Research the recipient

Whenever possible, address your cover letter to a specific person. Take the time to research the company's website or LinkedIn profile to find the name of the hiring manager or department head. This personal touch demonstrates initiative and attention to detail.

Use a professional salutation

If you know the recipient's name, use "Dear Mr./Ms./Dr. [Last Name]:" If you're unsure about the recipient's gender or preferred title, use their full name: "Dear [First Name] [Last Name]:"

When the recipient is unknown

In cases where you can't find a specific name, opt for a general but professional greeting such as "Dear Hiring Manager:" or "Dear Underwriting Team:" Avoid outdated salutations like "To Whom It May Concern" as they can come across as impersonal.

Double-check for accuracy

Before sending your cover letter, ensure that you've spelled the recipient's name correctly. A misspelled name can immediately create a negative impression and suggest a lack of attention to detail – a crucial skill for an underwriter.

Introducing Yourself in a Cover Letter

The introduction of your underwriter cover letter sets the tone for your application and provides a brief overview of your qualifications. This section should immediately grab the hiring manager's attention and entice them to continue reading.

Start with a Strong Opening Statement

Begin your cover letter with a compelling statement that highlights your relevant experience or passion for the underwriting field. Mention the specific position you're applying for and how you learned about the opportunity.

Briefly Summarize Your Qualifications

In a sentence or two, outline your key qualifications that make you an ideal candidate for the underwriter position. Focus on your most relevant skills, certifications, or achievements that align with the job requirements.

Express Your Interest in the Company

Demonstrate your knowledge of the company by mentioning something specific about their reputation, recent accomplishments, or values that resonate with you. This shows that you've done your research and are genuinely interested in the organization.

Transition to the Body of the Letter

End your introduction with a brief statement that leads into the main content of your cover letter. This can be a sentence that hints at the skills and experiences you'll elaborate on in the following paragraphs.

Strong Example

As a seasoned underwriter with over 8 years of experience in the insurance industry, I was thrilled to come across the Senior Underwriter position at Apex Insurance Group. My proven track record of accurately assessing risks, implementing data-driven underwriting strategies, and consistently exceeding profitability targets aligns perfectly with Apex's commitment to excellence in risk management. I am excited about the opportunity to bring my expertise in both personal and commercial lines underwriting to contribute to your team's continued success.

Why is this a strong example?

This is a strong cover letter introduction for several reasons. First, it immediately establishes the candidate's relevant experience and expertise in the field. The specific mention of '8 years of experience' gives a clear indication of the level of seniority. Second, it demonstrates knowledge of the company by mentioning 'Apex Insurance Group' by name, showing that the applicant has done their research. Third, it highlights key skills that are crucial for an underwriter, such as risk assessment and data-driven strategies. Finally, it expresses enthusiasm for the role and company, while also indicating how the candidate's skills could benefit the organization. The introduction is concise yet informative, making it likely to capture the reader's attention and encourage them to read further.

Weak Example

Hello, I am writing to apply for the Underwriter position at your company. I saw the job posting online and thought I would be a good fit. I have some experience in finance and I'm looking for a new opportunity.

Why is this a weak example?

This introduction is weak for several reasons. First, it lacks specificity and enthusiasm, failing to grab the reader's attention. The applicant doesn't mention the company name or demonstrate any knowledge about the organization, which suggests a lack of research and genuine interest. The statement about seeing the job posting online is vague and doesn't add value. Additionally, the claim of having 'some experience in finance' is too general and doesn't highlight any relevant skills or qualifications specific to underwriting. The closing sentence about looking for a new opportunity focuses on the applicant's needs rather than what they can offer the company. Overall, this introduction fails to make a strong first impression or convey the applicant's qualifications and passion for the role.

Writing the Body of Your Cover Letter

The body of your underwriter cover letter is where you can truly shine and demonstrate your qualifications. This section should highlight your relevant skills, experience, and achievements that make you an ideal candidate for the position.

Highlight Relevant Skills

Emphasize your technical skills, such as risk assessment, financial analysis, and underwriting software proficiency. Showcase your soft skills like attention to detail, communication, and decision-making abilities.

Demonstrate Industry Knowledge

Display your understanding of the insurance or lending industry, depending on the specific underwriting role. Mention any certifications or specialized training you have completed.

Provide Specific Examples

Use concrete examples from your past experience to illustrate how you've successfully applied your skills in real-world situations. Quantify your achievements whenever possible to provide tangible evidence of your capabilities.

Address Company Needs

Research the company and tailor your letter to address their specific needs or challenges. Explain how your skills and experience can contribute to their goals and add value to their team.

Show Enthusiasm

Express your genuine interest in the position and the company. Explain why you're passionate about underwriting and how this role aligns with your career aspirations.

Remember to keep the body of your cover letter concise and focused, typically two to three paragraphs. Each paragraph should have a clear purpose and contribute to building a compelling case for your candidacy.

Strong Example

As a seasoned underwriter with over 8 years of experience in the insurance industry, I am excited to apply for the Senior Underwriter position at ABC Insurance. Throughout my career at XYZ Insurance, I have consistently demonstrated my ability to assess risks accurately, make sound decisions, and contribute to the company's profitability.

In my current role, I have successfully:

• Evaluated and underwrote complex commercial property and casualty risks, resulting in a 15% increase in premium volume while maintaining a loss ratio below industry average. • Implemented a new risk assessment model that improved efficiency by 20% and reduced turnaround time for quote generation. • Mentored junior underwriters, leading to a 30% improvement in their performance and accuracy.

I am particularly drawn to ABC Insurance's commitment to innovation and your focus on emerging risks in the cyber insurance market. My experience in developing tailored insurance solutions for technology companies aligns perfectly with your strategic goals.

I am confident that my strong analytical skills, attention to detail, and passion for the underwriting profession would make me a valuable addition to your team. I look forward to the opportunity to discuss how I can contribute to ABC Insurance's continued success.

Why is this a strong example?

This is a strong example of a cover letter body for an Underwriter position for several reasons:

  1. Relevance: The content directly addresses the job of an underwriter and highlights specific, relevant experience.

  2. Quantifiable achievements: The letter includes concrete examples of the candidate's accomplishments, supported by numerical data (e.g., 15% increase in premium volume, 20% improvement in efficiency).

  3. Alignment with company goals: The applicant demonstrates knowledge of the company (ABC Insurance) and explains how their experience aligns with the company's focus on cyber insurance and innovation.

  4. Specific skills: The letter highlights key skills for an underwriter, such as risk assessment, decision-making, and attention to detail.

  5. Professional growth: It shows the candidate's ability to mentor others, indicating leadership potential.

  6. Clear structure: The letter is well-organized, making it easy for the hiring manager to quickly grasp the candidate's qualifications.

  7. Enthusiasm: The tone conveys genuine interest in the position and the company.

This example effectively showcases the candidate's qualifications and potential value to the company, making it a strong cover letter body.

Weak Example

I am writing to apply for the Underwriter position at your company. I have some experience in financial services and I think I would be a good fit for this role. I am a hard worker and I am willing to learn new things. I have attached my resume for your review. Please let me know if you have any questions. Thank you for your time and consideration.

Why is this a weak example?

This is a weak example of a cover letter body for an Underwriter position for several reasons. First, it lacks specificity and fails to demonstrate a deep understanding of the underwriting role or the company. The applicant mentions 'some experience in financial services' without providing any concrete details or achievements. There's no mention of specific underwriting skills, risk assessment abilities, or relevant industry knowledge. The language used is generic and could apply to almost any job, failing to showcase the applicant's unique qualifications for this particular position. Additionally, the body is too brief and doesn't take the opportunity to elaborate on how the applicant's skills and experience align with the job requirements. It also lacks enthusiasm and fails to convey a compelling reason why the company should consider the applicant. Overall, this weak example does little to differentiate the applicant or demonstrate their suitability for an Underwriter role.

How to Close Your Cover Letter

To conclude your underwriter cover letter on a strong note, craft a compelling closing paragraph that leaves a lasting impression. This final section should reinforce your enthusiasm for the position, summarize your key qualifications, and include a clear call to action.

Begin by reiterating your interest in the role and the company. Express your excitement about the possibility of contributing to the organization's success. Briefly remind the reader of your most relevant skills or experiences that make you an ideal candidate for the underwriter position.

Next, thank the hiring manager for their time and consideration. This gesture of appreciation demonstrates your professionalism and courtesy.

Finally, include a call to action that encourages the reader to take the next step. This could be a request for an interview or a statement indicating that you'll follow up on your application. Close the letter with a professional sign-off, such as "Sincerely" or "Best regards," followed by your full name.

Remember to keep your closing paragraph concise and impactful. It should leave the reader with a positive impression and a clear understanding of your enthusiasm for the opportunity.

Strong Example

Thank you for considering my application. I am excited about the opportunity to contribute my underwriting expertise to XYZ Insurance Company and help maintain its reputation for excellence in risk assessment. I look forward to discussing how my skills and experience align with your team's needs. Please feel free to contact me at your convenience to arrange an interview.

Why is this a strong example?

This is a strong cover letter closing for several reasons. First, it expresses gratitude for the reader's consideration, which is polite and professional. It then reiterates enthusiasm for the specific position and company, demonstrating genuine interest. The closing also highlights the applicant's relevant expertise (underwriting) and connects it to the company's goals (maintaining a reputation for excellence in risk assessment). This shows the applicant has done research on the company and understands its values. The closing ends with a clear call to action, inviting further discussion and an interview, which shows confidence and proactivity. Overall, this closing is concise yet impactful, leaving a positive final impression on the hiring manager.

Weak Example

Thanks for considering me. I hope to hear from you soon. Have a nice day!

Why is this a weak example?

This closing is weak for several reasons. First, it's overly casual and lacks professionalism, which is crucial for an Underwriter position. The phrase 'Thanks for considering me' doesn't convey confidence or enthusiasm about the role. 'I hope to hear from you soon' is passive and doesn't prompt action. 'Have a nice day' is too informal for a business letter. The closing fails to reiterate interest in the position, doesn't include a call to action, and doesn't thank the reader for their time. It also misses an opportunity to summarize key qualifications or express eagerness to contribute to the company. Overall, this closing doesn't leave a strong, lasting impression and could potentially harm the applicant's chances of securing an interview.

Cover Letter FAQs for Underwriter


What is the ideal format and length for an underwriter cover letter?


An underwriter cover letter should follow a standard business letter format and be no longer than one page. It should include your contact information, the date, the employer's contact information, a formal salutation, 3-4 concise paragraphs highlighting your qualifications, a closing paragraph, and your signature. Aim for 250-400 words to keep it focused and impactful.


What key skills should I emphasize in my underwriter cover letter?


In your underwriter cover letter, emphasize skills such as risk assessment, financial analysis, attention to detail, strong communication, decision-making abilities, and knowledge of industry regulations. Also highlight your proficiency with underwriting software and your understanding of various insurance or loan products relevant to the position.


How can I make my underwriter cover letter stand out?


To make your underwriter cover letter stand out, tailor it to the specific job and company, use concrete examples of your achievements in previous roles, demonstrate your knowledge of the industry and company's products, and show enthusiasm for the position. Include any relevant certifications or specialized training you've completed in underwriting.


Should I include quantifiable achievements in my underwriter cover letter?


Yes, including quantifiable achievements in your underwriter cover letter can significantly strengthen your application. For example, mention specific metrics like the number of applications processed, approval rates, or any improvements in efficiency or accuracy you've achieved. This provides concrete evidence of your skills and impact in previous roles.


How should I address any gaps in experience in my underwriter cover letter?


If you have gaps in your underwriting experience, address them proactively in your cover letter. Focus on transferable skills you've gained from other experiences, any relevant training or education you've pursued during the gap, and your enthusiasm for returning to or entering the field. Be honest but positive, emphasizing your current qualifications and readiness for the role.