Prize Indemnity Underwriter

Also called: Hole-in-One Insurance Underwriter, Contest Prize Insurance Specialist

Insures prize contests, like a $1 million half-court shot or a hole-in-one car giveaway, so the sponsor doesn't pay if someone actually wins.

A day in the life

A radio station wants to give $1 million to a fan who sinks a half-court shot, and you calculate the odds from years of attempts. You set the premium and the rules: distance, who can try, how it is filmed. When someone does win, you review the video frame by frame before the check goes out.

Pay over a career

Starting
$55k
Typical
$82k
High
$140k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in math, statistics, finance or risk management.

Ways in: 4-year college, On-the-job training. Training cost: $15k – $60k.

Majors to look at: Mathematics, Statistics, Risk Management & Insurance.

Outlook

Growing about average. A small, steady specialty.

Will it last? Our AI estimate

Medium risk for 10 years. Models price standard contests; odd new promotions, rules and big claims still need human judgment.

Start now, in high school

Classes: AP Statistics, Algebra II, Sports team.

Official data: O*NET occupation 13-2053.

More Insurance careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.