Underwriting Jobs in Chicago, 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 Markets Construction
- Liberty Mutual Insurance
- Chicago, IL
- 3 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 3 days ago
If you're a talented commercial insurance underwriter with construction expertise, confidence, and a deal-oriented mindset, this is an excellent opportunity for you....
Executive Underwriter, Middle Market Technology
- Liberty Mutual Insurance
- Chicago, IL
- 5 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 5 days ago
A related bachelor's degree; seven to ten years of relevant experience preferred; CPCU or professional insurance designation strongly preferred....
Executive Underwriter, Liberty Mutual Mobility Solutions
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
commercial and personal lines capabilities to bring a full range of tailored solutions and nuanced approaches to the rapidly evolving mobility landscape....
Executive Underwriter, Loss Sensitive - Large Construction
- Liberty Mutual Insurance
- Chicago, IL
- 9 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 9 days ago
Solve complex problems Establish and build healthy working relationships exceeds in mentoring relationships, and negotiate as normally acquired Bachelor's degree CPCU or CRIS professional insurance...
Underwriting Officer, Multi-Buyer Trade Credit
- Liberty Mutual Insurance
- Chicago, IL
- 9 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 9 days ago
Beyond underwriting production responsibilities supported by higher level underwriting authority, the MBTC Underwriting Officer utilizes skills and experience to support and mentor team members and...
Chief Underwriter, North America Middle Market
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
Product, pricing & underwriting expertise in Commercial & Specialty Lines. Manages underwriting results to achieve corporate profitability....
Marketing Underwriter, Program Business (Commercial P&C)(Hybrid or Remote)
- Lisle, IL (23 miles from Chicago, IL)
- 1 day ago
- Lisle, IL (23 miles from Chicago, IL)
- 1 day 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...
Remote Work- Downers Grove, IL (20 miles from Chicago, IL)
- 1 day ago
- Downers Grove, IL (20 miles from Chicago, IL)
- 1 day 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...
Sourcing - Executive Underwriter, Loss Sensitive - Large Construction - Chi
- Chicago, IL
- 1 day ago
- Chicago, IL
- 1 day ago
Solve complex problems Establish and build healthy working relationships exceeds in mentoring relationships, and negotiate as normally acquired CPCU or CRIS professional insurance designation strongly...
compensation, general liability and commercial auto for Captive programs....
RESPONSIBILITIES: Focus on development of new Underwriting and Administration platforms as they relate to underwriting functionality Engage with Sales on how best to present a competitive Chubb proposal...
Property, Auto, General Liability, Umbrella, and Workers' Compensation Experience with accounts of all sizes involving large brokerage houses, agents, and specialty retailers Proven track record in...
Liability, Workers' Compensation, Automobile, Umbrella) Good understanding of pricing components and rating methodology; prices risk based on financial and competitive analysis....
profitable book of business Effective negotiation skills Proficient in MS Word, Excel and Outlook Education and Experience: Bachelors Degree, ideally in Economics, Business, Finance or Accounting RPLU or CPCU...
Responsibilities We have an opportunity for a Personal Lines Underwriter t o join our Berkley One team!...
Demographic Data for Chicago, IL
Moving to Chicago, IL? Find some basic demographic data about Chicago, IL below.
Underwriting Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Underwriting Jobs in Chicago, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Chicago, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Credit Underwriting
- Lending
- Cash Flow Analysis
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- Jumbo Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Insurance Underwriting
- Professional Liability
- Umbrella Insurance
- Commercial Insurance
- Property Insurance
- Loss Control
- Premium Audit
- Mortgage Underwriting
- Agency Management
- Employee Benefits
- Underwriting
- Balance Sheets
- Claims
- Financial Statements
- Mortgage Processing
- Workers' Compensation
- Appraisal
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Referrals
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Accounting
- Retail
- Auditing
- High School Diploma
- Negotiation
- Written Communication
- Presentation
- Mentoring
- Flexibility
- Collaboration
- Coaching
- Documentation
- Bachelor's Degree
- Reporting
- Filing
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills