underwriter
Policy approval specialist
An underwriter is someone who assumes financial risk on behalf of others.
Insurance underwriters assess applicants and decide whether to offer coverage and at what premium.
In securities, underwriters guarantee the sale of new stock or bond issues, buying what the public doesn't.
Banks employ underwriters to evaluate loan applications.
The term comes from the practice of signing one's name under the terms of a risk agreement: The underwriter approved the mortgage application.
Adopted principle of action
- premiumsPayments for insurance coverage
- coverageExtent of inclusion
- claimsStatements of truth
- actuaryFinancial risk analyst
reinsurance · deductible · liability · indemnity · insured · beneficiary · exclusions · endorsement
First public stock offering
- prospectusFormal investment disclosure document
- equityImpartial treatment or ownership value
- bondsTies that unite
- stocksOwnership stakes or inventory
shares · securities · offering · syndicate · allocation · pricing · flotation · issuance
Backer of obligation
- cosignerSecondary loan obligor
- endorserOne who publicly approves
- sponsorFunder of activities
- backerFinancial supporter
warrantor · guarantor · backstop · bondsman · pledger · assurer · collateral · creditworthy
Determining worth or quality
- appraisalEstimation of worth
- analysisMethodical study of parts
- scrutinyClose, careful examination
- exposureState of being unprotected
probability · actuarial · hazard · peril · loss · vulnerability · rating · creditworthiness
policy
Adopted principle of action
actuary · reinsurance · deductible · liability · indemnity · insured · beneficiary · exclusions · endorsement · adjuster
IPO
First public stock offering
- prospectusFormal investment disclosure document
- equityImpartial treatment or ownership value
- bondsTies that unite
stocks · shares · securities · offering · syndicate · allocation · pricing · flotation · issuance · roadshow
surety
Backer of obligation
backer · warrantor · guarantor · backstop · bondsman · pledger · assurer · collateral · creditworthy · obligor
evaluation
Determining worth or quality
exposure · probability · actuarial · hazard · peril · loss · vulnerability · rating · creditworthiness · guidelines
- surety bondsbonding company, obligee, bail bonds, guarantor, financial guarantee
- business jobsaccountant, consultant, analyst, manager, banker
- financial rolesinvestor, borrower, lender, creditor, debtor
- fundingfunding, grant, loan, grants, venture capital
- Fundraiserpledge drive, telethon, donation, donor, contribution
- licensed professionalsdoctor, dentist, lawyer, attorney, pharmacist
underwriterinvestor
One who allocates capital
buyer · subscriber · shareholder · bondholder · retail investor
underwriterapplicant
One who formally requests
borrower · loan applicant · candidate · petitioner · submitter
- insurance underwritersThose who assess policy risks
- loan underwritingAssessing borrower creditworthiness
underwrite, underwriting, underwritten, underwrites, underwriters, underwritings