Chartered Life Underwriter (CLU)

Chartered Life Underwriter Jobs

Chartered Life Underwriters, or CLUs, are financial services professionals who specialize in life insurance and estate planning. They have rigorous training that covers topics like insurance, annuities and risk management. These professionals can be found in many different industries, including banks, loan brokerages and securities firms. They may also work in government enterprises or as independent financial advisors. SmartAsset’s free advisor matching tool can help you find a local CLU in your area.

CLUs are often financial professionals who want to launch their careers in the field, but they can also be those who already hold a professional designation such as a Certified Financial Planner (CFP) or Chartered Financial Consultant (ChFC). The CLU is the industry’s oldest credential and requires extensive education, exam preparation, and continuing education.

A CLU works as a fiduciary, meaning they will only sell policies that are in their clients’ best interests. They may also help them with other aspects of their financial security, such as retirement planning. They can find jobs with life insurance companies or work as independent financial advisors.

If you are preparing for the CLU exam, you may also benefit from reviewing material for other professional designations, such as the CU practice test, which covers foundational underwriting principles that overlap with several CLU topics.

Candidates with a background in financial planning and accounting can sharpen their analytical skills by working through the CAIA practice test, which tests knowledge of alternative investments and portfolio management relevant to advanced insurance planning.