Underwriting Jobs in Palo Alto, CA

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.

1-6 of 6 Jobs

Commercial Underwriting Analyst - Fremont Insurance

  • AAA Southern New England
  • Fremont, CA (12 miles from Palo Alto, CA)
  • 18 days ago
  • Fremont, CA (12 miles from Palo Alto, CA)
  • 18 days ago

insurance product lines investigating and validating proper rating Knowledge and Skills: company underwriting policies, procedures and practices inspection techniques related to commercial insurance...

Remote Hybrid

Commercial Underwriting Technician- Fremont Insurance

  • AAA Southern New England
  • Fremont, CA (12 miles from Palo Alto, CA)
  • 18 days ago
  • Fremont, CA (12 miles from Palo Alto, CA)
  • 18 days ago

Commercial Underwriting Technician - Fremont Insurance What you will do: Perform various risk analysis and support activities relating to commercial insurance underwriting functions based on area of...

Remote Hybrid

Sr. Commercial Lines Underwriter - Fremont Insurance

  • AAA Southern New England
  • Fremont, CA (12 miles from Palo Alto, CA)
  • 20 days ago
  • Fremont, CA (12 miles from Palo Alto, CA)
  • 20 days ago

insurance experience underwriting policies, procedures and practices working in a commercial underwriting environment inspection techniques related to commercial insurance working with mathematical...

Remote

Territory Underwriter Specialist

  • Sentry
  • San Jose, CA (15 miles from Palo Alto, CA)
  • 30+ days ago
  • San Jose, CA (15 miles from Palo Alto, CA)
  • 30+ days ago

As a Territory Underwriter Specialist, youll market & underwrite Sentrys products & services to select Commercial Lines independent agents & brokers in a defined territory....

In Person

Senior Underwriter- Employee Benefits (Northern, CA)

  • EPIC Brokers
  • San Ramon, CA (24 miles from Palo Alto, CA)
  • 45+ days ago
  • San Ramon, CA (24 miles from Palo Alto, CA)
  • 45+ days ago

This role also provides mentorship and oversight to underwriting and analytical support staff and plays a key role in advancing EPIC's value proposition....

Hybrid

Small Business Administration - Underwriter

  • BMO (Bank of Montreal)
  • San Ramon, CA (24 miles from Palo Alto, CA)
  • 60+ days ago
  • San Ramon, CA (24 miles from Palo Alto, CA)
  • 60+ days ago

The ideal candidate will be a collaborative team player with a thorough understanding of SBA Standard Operating Procedures (SOPs) and the ability to apply them effectively in underwriting decisions....

In Person

Demographic Data for Palo Alto, CA

Moving to Palo Alto, CA? Find some basic demographic data about Palo Alto, CA below.


Local
National
98,808
3,890
Medium/Lg

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.
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...
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...
U.K. Insurance Industry Overview 101
The UK insurance industry is structured across life and health insurance, property and casualty (P&C), protection products, pensions, and the global specialty market centered around Lloyds of...

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Salary for Underwriting Jobs in Palo Alto, CA

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 Palo Alto, CA offer the following education background
Bachelor's Degree
50.3%
Master's Degree
14.8%
Associate's Degree
11.3%
Vocational Degree or Certification
9.6%
High School or GED
9.5%
Some College
2.2%
Doctorate Degree
2.0%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Underwritings in Palo Alto, CA
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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