Underwriting Jobs in Hoffman Estates, IL

An Underwriter in the insurance industry is responsible for assessing risk and eligibility of potential clients. They play a key role by examining insurance applications and determining whether to provide insurance, and under what terms. Insurance underwriters use software to help analyze information and make decisions. They are essentially the ones who decide if an insurance company should take on a potential policyholder and how much premium to charge for taking on risk. This decision is made based on the potential client's risk profile, which is evaluated using technical data and statistical models.

Important skills for an insurance Underwriter include analytical skills, decision-making abilities, attention to detail, and good judgment. They must be able to process complex information and make sound decisions. To increase their competency and credibility in the industry, Underwriters can pursue professional certifications such as Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (ACU), or Associate in Personal Insurance (API). Prior to becoming an underwriter, individuals may have roles such as Insurance Agent, Claims Adjuster, or Risk Analyst. These roles provide valuable exposure and experience in the field of insurance which can be helpful in understanding the fundamentals of risk evaluation.

1-15 of 28 Jobs

Underwriting Manager

  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 1 day ago
  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 1 day ago

Assists assigned staff in the resolution of underwriting problems. Has overall responsibility for the Underwriting function within a branch or unit....

Collateral Review Underwriter-Residential Appraisal Review

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 15 hours ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 15 hours ago

Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service,...

Remote Work

Business Banking Underwriter II

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 1 day ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 1 day ago

Summary: The Business Banking Underwriter II is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy....

Remote Work

Sr. Technology Commercial Underwriter, Account Executive Officer

  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 1 day ago
  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 1 day ago

decisions in alignment with our risk appetite. + Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers. + CPCU designation....

Senior E&S Casualty Underwriter

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 2 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 2 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Underwriter - Commercial Lines - Multi-Line Middle Market

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 2 days ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 2 days ago

We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers....

Commercial Underwriter CRE

  • Gurnee, IL (18 miles from Hoffman Estates, IL)
  • 4 days ago
  • Gurnee, IL (18 miles from Hoffman Estates, IL)
  • 4 days ago

POSITION SUMMARY: You will be responsible for performing financial analysis and underwriting for Commercial Real Estate loan transactions....

Employee Benefits Senior Underwriter - R_315926-6153

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 4 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 4 days ago

at Marsh & McLennan Cos in Schaumburg, Illinois, United States Job Description About Marsh McLennan Agency Midwest Marsh McLennan Agency's Midwest Region is a full-service brokerage providing...

AVP/VP Senior Commercial Underwriter

  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 8 days ago
  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 8 days ago

Position Overview The Senior Commercial Underwriter is responsible for analyzing customer financial information and underwriting commercial loans....

Sr Underwriter, Business Development - Surety (Large Commercial)

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 8 days ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 8 days ago

Experience: Five years experience in surety underwriting preferred....

Underwriter Personal Lines

  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 11 days ago
  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 11 days ago

Underwrites, services, and manages assigned accounts. Has Production and Service goals assigned and is measured on attainment of both....

Underwriter

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 12 days ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 12 days ago

Regulatory and compliance issues in insurance underwriting. Strong analytical and problem-solving abilities. Proficiency in underwriting software (Connexure ESL Office)....

Employee Benefits Senior Underwriter

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 13 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 13 days ago

Company: Marsh McLennan Agency Description: About Marsh McLennan Agency Midwest Marsh McLennan Agency's Midwest Region is a full-service brokerage providing business insurance, employee benefits,...

Contract Surety Bonds Senior Underwriter - Chicago

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 14 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 14 days ago

Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Fidelity and Surety Bonding (AFSB), Chartered Property Casualty Underwriter (CPCU), Certified...

MRSGM Associate Underwriter, Surety

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 15 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 15 days ago

Job Profile Handling risks submitted by field offices/agents and specific risks assigned by management Gather underwriting information and make underwriting recommendations on bonds/aggregates (new...

Demographic Data for Hoffman Estates, IL

Moving to Hoffman Estates, IL? Find some basic demographic data about Hoffman Estates, IL below.


Local
National
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Underwriting Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Insurance Underwriting Principles and Practices
Within the ever-evolving insurance landscape, the significance of underwriters has reached unprecedented heights. These professionals play a crucial role in evaluating risks, establishing policy...
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
AI for Loan Underwriting
Artificial Intelligence (AI) is transforming the financial landscape, particularly in loan underwriting, by enhancing efficiency, accuracy, and risk assessment. This course, AI for Loan...

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Salary for Underwriting Jobs in Hoffman Estates, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Underwriting positions.



Highest Education Level

Underwritings in Hoffman Estates, IL offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.8%
Vocational Degree or Certification
9.8%
Some College
2.3%
Doctorate Degree
2.1%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Underwritings in Hoffman Estates, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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