Underwriting Jobs in Downers Grove, 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.

Senior Underwriter, Inland Marine
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 days ago
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 4 days ago
assistant Knowledge Command of insurance finance and actuarial concepts Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory...

Senior Underwriter, Middle Markets Construction
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 6 days ago
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 6 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...

Executive Underwriter, Middle Market Technology
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 8 days ago
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 8 days ago
Qualifications Advanced-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control...

Executive Underwriter, Middle Market Life Sciences
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 9 days ago
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 9 days ago
property, general liability, products liability, clinical trials liability, errors & omissions (E&O), cyber, excess/umbrella, workers' compensation, auto, and multinational coverages....

Senior Underwriting Manager, Middle Market Life Sciences
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 9 days ago
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 9 days ago
of 2 years of proven underwriting management experience is preferred CPCU or professional insurance designation preferred Proven track record of developing and underwriting profitable business Proven...

Executive Underwriter, Loss Sensitive - Large Construction
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 12 days ago
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 12 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...

Underwriting Officer, Multi-Buyer Trade Credit
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 12 days ago
- Liberty Mutual Insurance
- Chicago, IL (20 miles from Downers Grove, IL)
- 12 days ago
Liberty Mutual Insurance Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability...
Underwriter Trainee, Trade Credit
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 hour ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 hour ago
Job Duties and Responsibilities: Provide underwriting support to the underwriters in the region - application processing and input, preparation of underwriting tools for new and renewal business and...
Wholesale Excess Casualty Underwriter - Navigators, a Brand of The Hartford
- Chicago, IL (20 miles from Downers Grove, IL)
- 13 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 13 hours ago
Qualifications: Bachelors Degree strongly preferred, or equivalent combination of education, training and experience 4+ years of wholesale E&S casualty underwriting experience; excess casualty underwriting...
Impact Finance - Affordable Housing Project Manager/Underwriter
- Chicago, IL (20 miles from Downers Grove, IL)
- 21 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 21 hours ago
Job Description Negotiates, structures, underwrites, and closes equity and debt investments that utilize Low-Income Housing Tax Credits (LIHTC) programs in market areas serviced by U.S....
- Chicago, IL (20 miles from Downers Grove, IL)
- 22 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 22 hours ago
Minimum of five years underwriting experience with authority, preferably in excess and surplus lines Garage business. Previous insurance educational work, IIA and CPCU desirable....
Underwriter/Senior Underwriter II - Asset Based Finance
- Chicago, IL (20 miles from Downers Grove, IL)
- 22 hours ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 22 hours ago
Required Qualifications: 4+ years experience credit, underwriting, and structuring of corporate lending transactions for the AB Underwriter 7+ years experience credit, underwriting, and structuring...
National Commercial Underwriter
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
- Chicago, IL (20 miles from Downers Grove, IL)
- 1 day ago
Responsibilities Include, But Are Not Limited To Underwrite title insurance policy coverages for commercial real estate transactions....
Position Overview The Senior Commercial Underwriter is responsible for analyzing customer financial information and underwriting commercial loans....
SBA Business Banking Underwriter IV
- Rosemont, IL (14 miles from Downers Grove, IL)
- 1 day ago
- Rosemont, IL (14 miles from Downers Grove, IL)
- 1 day ago
related field + 3-4 years leadership / management experience + Ability to underwrite credit exposures in excess of $4MM. + Previous authority to underwrite and decision credits without additional signers...
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Salary for Underwriting Jobs in Downers Grove, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Downers Grove, 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
- Property and Casualty Insurance
- Commercial Insurance
- Insurance Underwriting
- Umbrella Insurance
- Professional Liability
- Property Insurance
- Loss Control
- Premium Audit
- Agency Management
- Employee Benefits
- Cross Selling
- Underwriting
- Mortgage Underwriting
- Claims
- Financial Statements
- Workers' Compensation
- Mortgage Processing
- Building Relationships
- File Management
- Financial Analysis
- Referrals
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Retail
- Analytical Skills
- Auditing
- Negotiation
- Accounting
- High School Diploma
- Written Communication
- Presentation
- Mentoring
- Documentation
- Flexibility
- Coaching
- Reporting
- Critical Thinking
- Collaboration
- Filing
- Bachelor's Degree
- Policy Development
- Problem Solving
- Sales
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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