Underwriting Jobs in Elgin, 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.
Remote Senior Underwriter, Small Commercial - Central
- Liberty Mutual Insurance
- Aurora, IL (15 miles from Elgin, IL)
- 19 hours ago
- Liberty Mutual Insurance
- Aurora, IL (15 miles from Elgin, IL)
- 19 hours ago
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
Senior Surety Underwriter - Core Contract (Chicago)
- Liberty Mutual Insurance
- Hoffman Estates, IL (10 miles from Elgin, IL)
- 13 days ago
- Liberty Mutual Insurance
- Hoffman Estates, IL (10 miles from Elgin, IL)
- 13 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
- Liberty Mutual Insurance
- Warrenville, IL (13 miles from Elgin, IL)
- 14 days ago
- Liberty Mutual Insurance
- Warrenville, IL (13 miles from Elgin, IL)
- 14 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
Crop Technical Underwriting Director
- Schaumburg, IL (7 miles from Elgin, IL)
- 1 hour ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 1 hour 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...
- Palatine, IL (12 miles from Elgin, IL)
- 15 hours ago
- Palatine, IL (12 miles from Elgin, IL)
- 15 hours 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.)....
- Downers Grove, IL (17 miles from Elgin, IL)
- 2 days ago
- Downers Grove, IL (17 miles from Elgin, IL)
- 2 days ago
Insurance designations, such as CPCU preferred Knowledge, Skills & Abilities: Excellent knowledge of underwriting and risk analysis Exceptional problem-solving skills and the ability to make sound...
- Park Ridge, IL (20 miles from Elgin, IL)
- 5 days ago
- Park Ridge, IL (20 miles from Elgin, IL)
- 5 days ago
largest FM Affiliated office is extremely important because the FM Affiliated Production Underwriter I is responsible for both new business production as well as renewal retention while maintaining underwriting...
Wholesale Management Liability Underwriter - Navigators, a Brand of The Hartford
- Schaumburg, IL (7 miles from Elgin, IL)
- 5 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 5 days ago
As an Underwriter on the Wholesale Management Liability Team at Navigators, a Brand of The Hartford, your primary role will be to underwrite and actively pursue new business, underwrite and maintain...
- Itasca, IL (11 miles from Elgin, IL)
- 6 days ago
- Itasca, IL (11 miles from Elgin, IL)
- 6 days ago
The Underwriting Analyst is responsible for setting up new and renewal prospects for Stop Loss/Captive Underwriters, as well as performing all other necessary functions required to underwrite the prospect...
Underwriter Senior - Home Lending
- Downers Grove, IL (17 miles from Elgin, IL)
- 7 days ago
- Downers Grove, IL (17 miles from Elgin, IL)
- 7 days ago
Basic Qualifications: High school diploma or equivalent Three or more years of mortgage underwriting experience in the 1st mortgage arena (includes FHMA and FHLMC) Must have recent underwriting experience...
Remote WorkMiddle Market Sr Sales Underwriting Specialist
- Itasca, IL (11 miles from Elgin, IL)
- 10 days ago
- Itasca, IL (11 miles from Elgin, IL)
- 10 days ago
Uses all appropriate underwriting tools (e.g. RQI, WC RST, UWWS, and CLAY.), disciplines and knowledge of strategies to ensure underwriting guidelines are followed....
- Itasca, IL (11 miles from Elgin, IL)
- 11 days ago
- Itasca, IL (11 miles from Elgin, IL)
- 11 days ago
The Underwriter is responsible for evaluating and underwriting stop-loss insurance....
Underwriting Assistant II - Striior (Hybrid)
- Naperville, IL (17 miles from Elgin, IL)
- 12 days ago
- Naperville, IL (17 miles from Elgin, IL)
- 12 days ago
The opportunity We currently have an opportunity for an Underwriting Assistant II to join our Specialty Striior team based in our Naperville, IL office....
Underwriting Assistant- Striior (Hybrid Full Time or Part Time)
- Naperville, IL (17 miles from Elgin, IL)
- 12 days ago
- Naperville, IL (17 miles from Elgin, IL)
- 12 days ago
Scans and attaches documentation into underwriting system. Orders various reports, such as MVR’s and ISO rate surveys, as applicable....
Sr. Credit Underwriter - Distribution Finance
- Schaumburg, IL (7 miles from Elgin, IL)
- 13 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 13 days ago
Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans....
Remote WorkDemographic Data for Elgin, IL
Moving to Elgin, IL? Find some basic demographic data about Elgin, IL below.
Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Elgin, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Elgin, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Lending
- Cash Flow Analysis
- Mortgage Underwriting
- 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
- Cross Selling
- Underwriting
- Claims
- Financial Statements
- Mortgage Processing
- Appraisal
- Workers' Compensation
- File Management
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Analytical Skills
- Accounting
- Decision Making
- Retail
- Written Communication
- Negotiation
- Auditing
- Presentation
- Mentoring
- Documentation
- Collaboration
- 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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