Underwriting Jobs in Carpentersville, 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 24 Jobs

Manager, Underwriting - Inventory Finance

  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 1 day ago
  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 1 day 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

CRE Commercial Underwriter

  • McHenry, IL (15 miles from Carpentersville, IL)
  • 2 days ago
  • McHenry, IL (15 miles from Carpentersville, IL)
  • 2 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...

Consultant, Field Underwriter - Small Commercial (IL/WI)

  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 2 days ago
  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 2 days ago

Advanced insurance designations (e.g., CPCU, ARM) strongly preferred....

Business Banking Underwriter II

  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 3 days ago
  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 3 days ago

Description Summary: The Business Banking Underwriter II is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy....

Remote Work

MRSGM NA Underwriting Assistant, Terrorism

  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 3 days ago
  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 3 days ago

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

Secured Lending Underwriting Analyst

  • Hoffman Estates, IL (7 miles from Carpentersville, IL)
  • 4 days ago
  • Hoffman Estates, IL (7 miles from Carpentersville, 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 (12 miles from Carpentersville, IL)
  • 6 days ago
  • Schaumburg, IL (12 miles from Carpentersville, 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 (12 miles from Carpentersville, IL)
  • 8 days ago
  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 8 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...

Senior Underwriter, Excess Casualty

  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 10 days ago
  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 10 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...

SBA Business Banking Underwriter IV

  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 11 days ago
  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 11 days ago

Previous authority to underwrite and decision credits without additional signers....

Remote Work

Surety Underwriting Associate

  • Itasca, IL (17 miles from Carpentersville, IL)
  • 12 days ago
  • Itasca, IL (17 miles from Carpentersville, IL)
  • 12 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....

Underwriting Manager

  • Rolling Meadows, IL (14 miles from Carpentersville, IL)
  • 17 days ago
  • Rolling Meadows, IL (14 miles from Carpentersville, 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....

Underwriter - Commercial Lines - Multi-Line Middle Market

  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 18 days ago
  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 18 days ago

We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers....

Employee Benefits Senior Underwriter - R_315926-6153

  • Schaumburg, IL (12 miles from Carpentersville, IL)
  • 20 days ago
  • Schaumburg, IL (12 miles from Carpentersville, 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...

Sr Underwriter, Business Development - Surety (Large Commercial)

  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 24 days ago
  • Rosemont, IL (22 miles from Carpentersville, IL)
  • 24 days ago

Experience: Five years experience in surety underwriting preferred....

Demographic Data for Carpentersville, IL

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


Local
National
38,762
575
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.
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...
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...

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Salary for Underwriting Jobs in Carpentersville, 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 Carpentersville, 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 Carpentersville, 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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