Underwriting Jobs in Barrington, 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.

1-15 of 37 Jobs

Senior Underwriter

  • Rolling Meadows, IL (8 miles from Barrington, IL)
  • 15 days ago
  • Rolling Meadows, IL (8 miles from Barrington, IL)
  • 15 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....

Senior Data Analyst/Underwriter - Employee Health & Benefits

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 6 hours ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 6 hours ago

About Marsh McLennan Agency Midwest Marsh McLennan Agencys Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement...

E&S Primary Casualty Underwriter (Senior or AVP)

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 1 day ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 1 day ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Technical Underwriter, Workers Compensation

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 1 day ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 1 day ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Commercial Underwriter, Sr

  • McHenry, IL (14 miles from Barrington, IL)
  • 1 day ago
  • McHenry, IL (14 miles from Barrington, IL)
  • 1 day ago

Key Accountabilities Underwrite Loans Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting...

Construction Professional Liability Underwriter (Mid-Level II or Sr. Level III)

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 5 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 5 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Construction Professional Liability Underwriter (Level I or Mid Level II)

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 5 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 5 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Construction Professional Liability Underwriter (Sr. Level III or AVP Level IV)

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 5 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 5 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Sr. Technology & Life Sciences Loss Sensitive Underwriter, Account Executive Officer

  • Downers Grove, IL (24 miles from Barrington, IL)
  • 7 days ago
  • Downers Grove, IL (24 miles from Barrington, IL)
  • 7 days ago

decisions in alignment with our risk appetite. + Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers. + CPCU designation....

Senior Ocean Marine Underwriter, Account Executive Officer

  • Downers Grove, IL (24 miles from Barrington, IL)
  • 7 days ago
  • Downers Grove, IL (24 miles from Barrington, IL)
  • 7 days ago

in alignment with our risk appetite. + Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers. + CPCU designation....

Residential Insurance Underwriter

  • Hoffman Estates, IL
  • 7 days ago
  • Hoffman Estates, IL
  • 7 days ago

Responsibilities: Analyze new and renewal business; manage and control underwriting exposure and pricing strategy consistent with company product guidelines and profitability objectives Perform Peer...

Assistant Manager-Underwriting-Workers' Compensation-Salary Grade P

  • Itasca, IL (14 miles from Barrington, IL)
  • 8 days ago
  • Itasca, IL (14 miles from Barrington, IL)
  • 8 days ago

Under general direction, oversees the operations, processes and workflow of an underwriting team. Team may include professional employees and/or support staff....

Account Executive/Underwriter Small Commercial

  • Downers Grove, IL (24 miles from Barrington, IL)
  • 9 days ago
  • Downers Grove, IL (24 miles from Barrington, IL)
  • 9 days ago

The Account Executive (AE), Select will partner with agents to provide property, general liability, commercial auto, workers' compensation, and/or umbrella coverage for new business based on customers...

Stop Loss Sr Underwriter

  • Downers Grove, IL (24 miles from Barrington, IL)
  • 11 days ago
  • Downers Grove, IL (24 miles from Barrington, IL)
  • 11 days ago

Preferred Job Qualifications: For Large Group and/or Major National Accounts: Demonstrated experience to underwrite experience rated and manually rated health insurance products with sound underwriting...

Business Banking Underwriter III - Practice Finance

  • Rosemont, IL (17 miles from Barrington, IL)
  • 13 days ago
  • Rosemont, IL (17 miles from Barrington, IL)
  • 13 days ago

field Proven track record to support high levels of loan volume Ability to underwrite credit exposures in excess of $2.5MM Previous authority to underwrite and decision credits without additional signers...

Remote Work

Demographic Data for Barrington, IL

Moving to Barrington, IL? Find some basic demographic data about Barrington, IL below.


Local
National
46,365
2,025
Medium

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 Risks Regulatory Practices
Introduction: Insurance underwriting plays a crucial role in assessing risk, determining premiums, and ensuring the financial stability of insurance providers. This course offers an in-depth...
Mortgage Underwriting Problems & Solutions Mastercourse
Are you looking to master the mortgage underwriting process and confidently solve complex loan scenarios? Do you want to start working as an underwriter but need real-life underwriting...

Title Synonyms

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Salary for Underwriting Jobs in Barrington, IL

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 Barrington, IL offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.8%
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 Barrington, IL
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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