Underwriting Jobs in Batavia, 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 23 Jobs

Manager, Underwriting - Inventory Finance

  • Schaumburg, IL (18 miles from Batavia, IL)
  • 11 hours ago
  • Schaumburg, IL (18 miles from Batavia, 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

MRSGM NA Underwriting Assistant, Terrorism

  • Schaumburg, IL (18 miles from Batavia, IL)
  • 3 days ago
  • Schaumburg, IL (18 miles from Batavia, IL)
  • 3 days ago

Accurately issue quotes, binders, policy wordings and endorsements for underwriting review and approval....

Secured Lending Underwriting Analyst

  • Hoffman Estates, IL (18 miles from Batavia, IL)
  • 4 days ago
  • Hoffman Estates, IL (18 miles from Batavia, IL)
  • 4 days ago

About this role: Wells Fargo is seeking a Secured Lending Underwriting Analyst within our Commercial Banking group....

E&S Casualty Underwriter (Senior or AVP)

  • Schaumburg, IL (18 miles from Batavia, IL)
  • 6 days ago
  • Schaumburg, IL (18 miles from Batavia, IL)
  • 6 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....

Property & Casualty Underwriter Graduate

  • Schaumburg, IL (18 miles from Batavia, IL)
  • 7 days ago
  • Schaumburg, IL (18 miles from Batavia, IL)
  • 7 days ago

About the Role As our Graduate and future underwriting professional, you will work right in the heart of our business, interacting daily with diverse teams across the company that assist in the underwriting...

CRE Commercial Underwriter

  • Sycamore, IL (21 miles from Batavia, IL)
  • 8 days ago
  • Sycamore, IL (21 miles from Batavia, IL)
  • 8 days 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...

Medical Underwriter Hybrid Downers Grove, IL or Richardson, TX Contract

  • Downers Grove, IL (15 miles from Batavia, IL)
  • 9 days ago
  • Downers Grove, IL (15 miles from Batavia, IL)
  • 9 days ago

Knowledge of state and federal legislation governing underwriting practices. JOB RESPONSIBILITIES: Learn and apply standard underwriting principles and procedures to evaluate risk....

Executive Underwriter, Middle Market (Remote or Hybrid)

  • Lisle, IL (13 miles from Batavia, IL)
  • 9 days ago
  • Lisle, IL (13 miles from Batavia, IL)
  • 9 days ago

As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as...

Senior Underwriter, Excess Casualty

  • Schaumburg, IL (18 miles from Batavia, IL)
  • 9 days ago
  • Schaumburg, IL (18 miles from Batavia, IL)
  • 9 days ago

Develop and implement marketing plans with applicable commercial insurance managers, Achieve renewal retention of at least 90% Adhere to Chubb Commercial Insurance standards for underwriting, pricing...

Surety Underwriting Associate

  • Itasca, IL (18 miles from Batavia, IL)
  • 11 days ago
  • Itasca, IL (18 miles from Batavia, IL)
  • 11 days ago

Our Specialty Operations team is seeking an Underwriting Associate to join the Surety team in our Itasca, IL office. This is a full time, non-exempt role. This is a hybrid opportunity....

Commercial Credit Underwriter I, II

  • Downers Grove, IL (15 miles from Batavia, IL)
  • 16 days ago
  • Downers Grove, IL (15 miles from Batavia, IL)
  • 16 days ago

large and/or complex commercial credits Specialty lending underwriting....

Underwriting Manager

  • Rolling Meadows, IL (22 miles from Batavia, IL)
  • 17 days ago
  • Rolling Meadows, IL (22 miles from Batavia, IL)
  • 17 days ago

Assists assigned staff in the resolution of underwriting problems. Has overall responsibility for the Underwriting function within a branch or unit....

Sr. Technology Commercial Underwriter, Account Executive Officer

  • Downers Grove, IL (15 miles from Batavia, IL)
  • 17 days ago
  • Downers Grove, IL (15 miles from Batavia, IL)
  • 17 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....

Employee Benefits Senior Underwriter - R_315926-6153

  • Schaumburg, IL (18 miles from Batavia, IL)
  • 20 days ago
  • Schaumburg, IL (18 miles from Batavia, IL)
  • 20 days ago

at Marsh & McLennan Cos in Schaumburg, Illinois, United States Job Description About Marsh McLennan Agency Midwest Marsh McLennan Agency's Midwest Region is a full-service brokerage providing...

Underwriter Personal Lines

  • Rolling Meadows, IL (22 miles from Batavia, IL)
  • 26 days ago
  • Rolling Meadows, IL (22 miles from Batavia, IL)
  • 26 days ago

Underwrites, services, and manages assigned accounts. Has Production and Service goals assigned and is measured on attainment of both....

Demographic Data for Batavia, IL

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


Local
National
28,156
946
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...
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 Batavia, 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 Batavia, 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 Batavia, 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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