Underwriting Jobs in Westbrook, 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.

1-3 of 3 Jobs

Group Underwriter, Senior

  • Wallingford, CT (20 miles from Westbrook, CT)
  • 14 hours ago
  • Wallingford, CT (20 miles from Westbrook, CT)
  • 14 hours ago

Preferred Skills, Capabilities and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred Level Funded medical underwriting experience strongly preferred....

Group Underwriting Consultant Senior

  • Wallingford, CT (20 miles from Westbrook, CT)
  • 12 days ago
  • Wallingford, CT (20 miles from Westbrook, CT)
  • 12 days ago

Preferred Skills, Capabilities, and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred....

Underwriter - Marine (Inland Marine & Ocean Cargo)

  • New Haven, CT (24 miles from Westbrook, CT)
  • 22 days ago
  • New Haven, CT (24 miles from Westbrook, CT)
  • 22 days ago

Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel....

Demographic Data for Westbrook, CT

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


Local
National
6,793
197
Medium/Sm

Underwriting Online Courses and Training Opportunities

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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...
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...

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Salary for Underwriting Jobs in Westbrook, 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 Westbrook, CT offer the following education background
Bachelor's Degree
49.6%
Master's Degree
14.5%
Associate's Degree
11.2%
High School or GED
10.0%
Vocational Degree or Certification
9.9%
Some College
2.4%
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 Westbrook, 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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