Underwriting Jobs in Newtown, CT

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.

1-5 of 5 Jobs

Underwriter, Commercial Insurance Specialty

  • New Haven, CT (21 miles from Newtown, CT)
  • 23 days ago
  • New Haven, CT (21 miles from Newtown, CT)
  • 23 days ago

Products include Package, Property, General Liability, Auto, Worker's Compensation, Umbrella/Excess and International. Programs are guaranteed cost and Loss Sensitive structures....

Underwriter

  • Brewster, NY (14 miles from Newtown, CT)
  • 30+ days ago
  • Brewster, NY (14 miles from Newtown, CT)
  • 30+ days ago

Has frequent contact with field to gather information on which to base and defend underwriting decisions. Does not have any assigned Production goals....

Ins Underwriter Med-Mal & Allied Healthcare - Bridgeport, CT

  • Bridgeport, CT (16 miles from Newtown, CT)
  • 45+ days ago
  • Bridgeport, CT (16 miles from Newtown, CT)
  • 45+ days ago

Liability GL _....

Remote Work

Commercial Lines Marketing Underwriter - Middle Markets

  • Bridgeport, CT (16 miles from Newtown, CT)
  • 45+ days ago
  • Bridgeport, CT (16 miles from Newtown, CT)
  • 45+ days ago

, general liability, property, construction, and inland marine. *** Perform hazard analysis and assess prospect financial standing, operational strategy, and industry trends to determine whether to...

Remote Work

Senior Underwriting Specialist - Workers Comp and Commercial Liability

  • Bridgeport, CT (16 miles from Newtown, CT)
  • 90+ days ago
  • Bridgeport, CT (16 miles from Newtown, CT)
  • 90+ days ago

In this position, you will underwrite new and renewal business which includes solicitation, selection and pricing of highly complex multi-line risks (workers compensation, commercial auto, general liability...

Demographic Data for Newtown, CT

Moving to Newtown, CT? Find some basic demographic data about Newtown, CT below.


Local
National
16,284
484
Medium/Sm

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.
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...
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...
Learn Commercial Underwriting and Credit Analysis
Have you noticed that Commercial Lenders have not been as open or willing to take a chance on inexperienced Commercial Underwriters due to the amount of training and effort required to bring one...

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Salary for Underwriting Jobs in Newtown, CT

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 Newtown, CT offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.9%
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 Newtown, CT
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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