What to do if I don’t like underwriting?
I’ve currently been out of work for about 8 months and testing the waters looking to get back into working in the insurance industry. Formerly, my role could best be described as a UA at a smaller company that worked with group captives. I was there for 2 years. I left because of burnout, mostly due to the toxic company culture, but also other factors outside of work.
I had previously done broker licensing in the compliance department of a big wholesaler prior, for a little over two years as well. I got a promotion from that job to an underwriting tech at the same company and worked that for 8 months until my job was outsourced, which sucked, because I liked all the teams I worked with at that company. I managed to luck out on getting the UA position almost immediately after.
I don’t know if it was working with all the niche details that captives entail, or working with brokers as a UA and having to fight tooth and nail to get completed ACORDs, or having to deal with underwriters who never wanted to write anything for our program, but I genuinely hated my day-to-day as a UA. The whole renewal cycle was a massive pain in the ass and took me away from holidays, because all of our policies in our program renewed on 1/1.
Now that I want to start working again, is it even worth going back to a UA position, or did I just get stuck with a shitty company? It really just feels like I’m gonna be dodging layoffs and outsourcing if I go back to a bigger company or carrier side, so I’m almost hesitant to do that as well, even though I had a better experience. What might be some other roles I could get back into the industry with besides the UA route? Could I do anything with my captive knowledge?
I’m 29 with a degree in a big US city, if that helps. Also, the LOBs that I have experience with is commercial property, with a bit of commercial casualty. Thanks.