Underwriting Jobs in Newark, DE
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.
. * Minimum 7 years of experience in jumbo and super jumbo underwriting to investor or organization's guidelines required * Minimum 7 years of experience with state and federal lending regulations (...
, and general oversite of the underwriting team that reports to them....
Group Underwriter Consultant, Senior
- Wilmington, DE (12 miles from Newark, DE)
- 14 days ago
- Wilmington, DE (12 miles from Newark, DE)
- 14 days ago
Position is the most senior technical underwriting expert....
- Wilmington, DE (12 miles from Newark, DE)
- 15 days ago
- Wilmington, DE (12 miles from Newark, DE)
- 15 days ago
Competencies Accuracy and Attention to Detail, Coaching Others, Credit Analysis and Verification, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Knowledge of Underwriting...
Corporate Insurance Analyst - R-102579-2554
- Wilmington, DE (12 miles from Newark, DE)
- 22 days ago
- Wilmington, DE (12 miles from Newark, DE)
- 22 days ago
Substantial knowledge of Property and Casualty insurance and policy terms. Knowledge of Executive, Crime and Cyber lines a plus but not required....
Demographic Data for Newark, DE
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Salary for Underwriting Jobs in Newark, DE
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Newark, DE offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Lending
- Cash Flow Analysis
- Mortgage Underwriting
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- Jumbo Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Professional Liability
- Insurance Underwriting
- Umbrella Insurance
- Loss Control
- Commercial Insurance
- Property Insurance
- Premium Audit
- Agency Management
- Cross Selling
- Underwriting
- Balance Sheets
- Claims
- Financial Statements
- Mortgage Processing
- Appraisal
- Workers' Compensation
- File Management
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Analytical Skills
- Accounting
- Decision Making
- Retail
- Written Communication
- Negotiation
- Auditing
- Presentation
- Mentoring
- Documentation
- Collaboration
- Interpersonal Skills
- Coaching
- Bachelor's Degree
- Reporting
- Filing
- Critical Thinking
- Sales
- Policy Development
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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