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, Liberty Mutual Mobility Solutions
- Liberty Mutual Insurance
- Chicago, IL
- 10 hours ago
- Liberty Mutual Insurance
- Chicago, IL
- 10 hours ago
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...
Sr Underwriting Officer, Liberty Mutual Mobility Solutions
- Liberty Mutual Insurance
- Chicago, IL
- 5 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 5 days ago
Responsibilities: Provides expert technical underwriting assistance and formal referral approval for multiple lines of business (auto, general liability, workers compensation) in Mobility Solutions....
Chief Underwriter, North America Middle Market
- Liberty Mutual Insurance
- Chicago, IL
- 6 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 6 days ago
Product, pricing & underwriting expertise in Commercial & Specialty Lines. Manages underwriting results to achieve corporate profitability....
Senior Underwriter, Fine Art & Specie
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
Minimum 5+ years underwriting experience in Fine Arts and/or High Net Worth Inland Marine Requires knowledge of underwriting concepts, practices, and procedures....
Executive Underwriter, Ironshore Environmental Wholesale Distribution
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
They contribute to maintaining a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/brokers relationships, and application of underwriting...
Executive Underwriter, Loss Sensitive - Large Construction
- Liberty Mutual Insurance
- Chicago, IL
- 8 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 8 days ago
Expert-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering...
Executive Underwriter, Middle Markets Construction
- Liberty Mutual Insurance
- Chicago, IL
- 11 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 11 days ago
Qualifications Intermediate-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control...
Commercial Lines Underwriter (Remote)
- WAHVE
- Chicago, IL (9 miles from Chicago, IL)
- 14 days ago
- WAHVE
- Chicago, IL (9 miles from Chicago, IL)
- 14 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
Executive Underwriter, Middle Market Technology
- Liberty Mutual Insurance
- Chicago, IL
- 14 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 14 days ago
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...
Crop Technical Underwriting Director
- Schaumburg, IL (23 miles from Chicago, IL)
- 8 days ago
- Schaumburg, IL (23 miles from Chicago, IL)
- 8 days ago
Basic Qualifications: Bachelors Degree and 10 or more years of experience in the Property & Casualty Commercial Insurance Industry AND Crop line of business experience Preferred Qualifications: Advanced...
Senior Credit Underwriter, Global Wealth & Investment Management Custom Lending
- Chicago, IL
- 1 hour ago
- Chicago, IL
- 1 hour ago
Purpose: The purpose of the SCU is to use key financial measures and a consistent, structured financial approach to underwrite custom lending requests and mange a loan portfolio in alignment with our...
As a credit strategist on the Commercial Business Risk team, you will underwrite and manage a portfolio of our largest and fastest growing businesses in order to facilitate Stripe's growth objectives...
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....
Uses all appropriate underwriting tools (e.g. RQI, WC RST, UWWS, and CLAY.), disciplines and knowledge of strategies to ensure underwriting guidelines are followed....
years of experience driving Agency relationships resulting in profitable new and renewal business Extensive underwriting experience, deep understanding of the commercial insurance industry including...
Demographic Data for Chicago, IL
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Underwriting Online Courses and Training Opportunities
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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
- Federal Housing Administration
- Lending
- Cash Flow Analysis
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- Jumbo Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Professional Liability
- Insurance Underwriting
- Umbrella Insurance
- Loss Control
- Commercial Insurance
- Property Insurance
- Premium Audit
- Agency Management
- Mortgage Underwriting
- Cross Selling
- Underwriting
- Claims
- Financial Statements
- Mortgage Processing
- Workers' Compensation
- File Management
- Financial Analysis
- Goal Oriented
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Analytical Skills
- Accounting
- Decision Making
- Retail
- Written Communication
- Negotiation
- Auditing
- Presentation
- Mentoring
- Documentation
- Collaboration
- Employee Development
- Interpersonal Skills
- Coaching
- Bachelor's Degree
- Reporting
- Filing
- Critical Thinking
- Sales
- Policy Development
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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