Question

What does the underwriting support team do?

a.

Manage and control the administration of underwriting activities

b.

Handle technical underwriting decisions

c.

Coordinate with the actuarial department of an insurance company

d.

Set financial limits for insurers and individual underwriters

Answer: (a).Manage and control the administration of underwriting activities Explanation:The underwriting support team manages and controls the administration of various activities and sub-activities other than underwriting, from the point of entry of insurance applications in the underwriting department up to the stage of final underwriting decisioning (excluding technical underwriting, which is done by the underwriters).

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