Underwriting Jobs in Addison, 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.
Executive Underwriter, Middle Market Life Sciences
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
property, general liability, products liability, clinical trials liability, errors & omissions (E&O), cyber, excess/umbrella, workers' compensation, auto, and multinational coverages....
Senior Underwriting Manager, Middle Market Life Sciences
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
of 2 years of proven underwriting management experience is preferred CPCU or professional insurance designation preferred Proven track record of developing and underwriting profitable business Proven...
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 6 days ago
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 6 days ago
Schedule: Full-Time Salary Range: USD $45000.00 - $80000.00 Job Category: Underwriting Description This is an entry level position within the Account Analyst job family, with a goal of acquiring a basic...
Senior Underwriter, Inland Marine
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 11 days ago
- Liberty Mutual Insurance
- Chicago, IL (18 miles from Addison, IL)
- 11 days ago
assistant Knowledge Command of insurance finance and actuarial concepts Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory...
Manager, Underwriting - Inventory Finance
- Schaumburg, IL (7 miles from Addison, IL)
- 11 hours ago
- Schaumburg, IL (7 miles from Addison, IL)
- 11 hours ago
Description Summary: The Manager, Underwriting - Inventory Finance is responsible for leading and managing all day-to-day underwriting activities for assigned portfolios to deliver timely adjudications...
Remote Work- Chicago, IL (18 miles from Addison, IL)
- 11 hours ago
- Chicago, IL (18 miles from Addison, IL)
- 11 hours ago
Berkley, founded in 1967, is one of the nation's premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB)....
Senior Underwriter, Financial Institutions - Central Region
- Chicago, IL (18 miles from Addison, IL)
- 11 hours ago
- Chicago, IL (18 miles from Addison, IL)
- 11 hours ago
Fully underwrite all accounts in accordance with underwriting guidelines and individual authority granted by management....
- Chicago, IL (18 miles from Addison, IL)
- 11 hours ago
- Chicago, IL (18 miles from Addison, IL)
- 11 hours ago
Applies underwriting guidelines and grants underwriting exceptions/financial variances for their assigned cases within the authority limit for the position....
Lead Equipment Finance Underwriter
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
or business loan and lease requests within Equipment Finance Underwriting functional area Review and research moderately complex commercial or business loan and lease requests that require an in-depth...
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
Minimum of 3 years in commercial insurance underwriting. Professional designations (e.g., CPCU, ARM) are a plus. Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook)....
Senior Credit Underwriter, Global Wealth & Investment Management Custom Lending
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
Purpose: The purpose of the SCU is to use key financial measures and a consistent, structured financial approach to underwrite custom lending requests and mange a loan portfolio in alignment with our...
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
Work Experience: Preferred Work Experience includes: Significant experience in underwriting. Experience in underwriting multinational cargo programs....
Senior Equipment Finance Underwriter
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
Underwriting functional area Review and research moderately complex commercial or business loan and lease requests that require an in-depth evaluation Perform periodic reviews on assigned portfolio...
Underwriter - Financial Lines (Financial Institutions)
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business...
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
Chartered Property Casualty Underwriter (CPCU) is a plus. Ryan Specialty is an Equal Opportunity Employer....
Demographic Data for Addison, IL
Moving to Addison, IL? Find some basic demographic data about Addison, IL below.
Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Addison, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Addison, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Federal Housing Administration
- Loan Origination
- Credit Underwriting
- Lending
- Mortgage Lending
- Conventional Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Coverage Analysis
- Commercial Insurance
- Insurance Underwriting
- Umbrella Insurance
- Property Insurance
- Professional Liability
- Premium Audit
- Loss Control
- Agency Management
- Cross Selling
- Mortgage Underwriting
- Underwriting
- Financial Statements
- Claims
- Workers' Compensation
- Mortgage Processing
- Appraisal
- File Management
- Goal Oriented
- Financial Analysis
- Referrals
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Retail
- Analytical Skills
- Auditing
- Negotiation
- Written Communication
- Accounting
- Documentation
- Presentation
- Driving
- Coaching
- Mentoring
- Flexibility
- Reporting
- Collaboration
- Critical Thinking
- Filing
- Bachelor's Degree
- Policy Development
- Problem Solving
- Sales
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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