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.

1-15 of 230 Jobs

We encourage you to apply and bring your expertise if you're a: Strategic Account Manager : As part of your portfolio strategy, you'll ensure a profitable book of Property and Casualty insurance by...

Remote Work

Qualifications Intermediate-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control...

WAHVE

Commercial Lines Underwriter (Remote)

  • WAHVE
  • Chicago, IL (9 miles from Chicago, IL)
  • 5 days ago
  • WAHVE
  • Chicago, IL (9 miles from Chicago, IL)
  • 5 days ago

TO BECOME A WORK-AT-HOME VINTAGE EXPERT, WE REQUIRE 25 years of full-time work experience 10 most recent years of Commercial Lines Property & Casualty insurance experience BENEFITS OF BECOMING A WAHVE...

Remote Work

CPCU or professional insurance designation preferred Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility Demonstrated ability to communicate complex analyses...

Description Liberty Mutual Mobility Solutions (LMMS) is a highly collaborative team that draws on the firm's vast commercial and personal lines capabilities to bring a full range of tailored solutions...

Responsibilities: Provides expert technical underwriting assistance and formal referral approval for multiple lines of business (auto, general liability, workers compensation) in Mobility Solutions....

Product, pricing & underwriting expertise in Commercial & Specialty Lines. Manages underwriting results to achieve corporate profitability....

They contribute to maintaining a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/brokers relationships, and application of underwriting...

Minimum 5+ years underwriting experience in Fine Arts and/or High Net Worth Inland Marine Requires knowledge of underwriting concepts, practices, and procedures....

Expert-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering...

Loss Mitigation Underwriter

  • Palatine, IL (23 miles from Chicago, IL)
  • 1 hour ago
  • Palatine, IL (23 miles from Chicago, IL)
  • 1 hour ago

Two (2) to three (3) years' of underwriting background or servicing/loss mitigation experience Strong working knowledge of Microsoft Suite (Word, Excel, Outlook, etc.)....

Senior Residential Underwriter

  • Chicago, IL
  • 11 hours ago
  • Chicago, IL
  • 11 hours ago

Underwrite loans by analyzing credit reports, tax returns, pay statements and W2 forms....

Remote Work

Senior Underwriter, Structured Reinsurance

  • Chicago, IL
  • 16 hours ago
  • Chicago, IL
  • 16 hours ago

and casualty insurance industry....

E&S Property Underwriter Manager II/III

  • Chicago, IL
  • 1 day ago
  • Chicago, 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....

Underwriting Consultant (National Accounts, Primary Casualty)

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day ago

Completes underwriting write ups to detail the underwriting thought process including analysis of operations, exposures, coverage and losses....

Demographic Data for Chicago, IL

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


Local
National
2,729,418
63,356
Large

Title Synonyms

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Salary for Underwriting Jobs in Chicago, 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 Chicago, IL offer the following education background
Bachelor's Degree
49.6%
Master's Degree
14.5%
Associate's Degree
11.2%
High School or GED
10.0%
Vocational Degree or Certification
9.9%
Some College
2.4%
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 Chicago, 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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