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.
Small CL Senior Field Underwriter
- Itasca, IL (11 miles from Elgin, IL)
- 1 day ago
- Itasca, IL (11 miles from Elgin, IL)
- 1 day ago
skill and coverage knowledge; ability to make underwriting decisions on POS and CPP accounts up to $50,000 premium size....
Multinational Executive Underwriter
- Naperville, IL (17 miles from Elgin, IL)
- 1 day ago
- Naperville, IL (17 miles from Elgin, IL)
- 1 day ago
More specifically, partnered with our home office and regional underwriting teams, this role will underwrite Controlled Master Programs (CMPs), manage the placement of compliant locally admitted policies...
Excess Casualty Underwriter II
- Schaumburg, IL (7 miles from Elgin, IL)
- 1 day ago
- Schaumburg, IL (7 miles from Elgin, 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....
- Rolling Meadows, IL (11 miles from Elgin, IL)
- 2 days ago
- Rolling Meadows, IL (11 miles from Elgin, IL)
- 2 days ago
Evaluate & Quote (New & Renewal) Property & Casualty risks to meet company standards, underwriting guidelines and production quota/goals 2....
Remote WorkAccount Executive/Underwriter, Small Commercial. Job in Downers Grove Gr8Jobs
- Downers Grove, IL (17 miles from Elgin, IL)
- 3 days ago
- Downers Grove, IL (17 miles from Elgin, IL)
- 3 days ago
CPCU designation. What is a Must Have? Two years of underwriting experience. What Is in It for You?...
- Downers Grove, IL (17 miles from Elgin, IL)
- 3 days ago
- Downers Grove, IL (17 miles from Elgin, IL)
- 3 days ago
and guidelines Appraise and underwrite complex risks for life insurance and ensure underwriting decisions are sound, competitive, and profitable Maintain detailed records of underwriting decisions...
Insurance Underwriter (Hybrid)
- Lake Forest, IL (24 miles from Elgin, IL)
- 8 days ago
- Lake Forest, IL (24 miles from Elgin, IL)
- 8 days ago
Responsible for underwriting applications by evaluating and selecting risks in accordance with established underwriting guidelines, standards of quality, quantity, and Federal/State legislation....
Account Executive / Underwriter - Small Commercial
- Downers Grove, IL (17 miles from Elgin, IL)
- 8 days ago
- Downers Grove, IL (17 miles from Elgin, IL)
- 8 days ago
CPCU designation. What is a Must Have? Two years of underwriting experience. What Is in It for You?...
Commercial Surety Underwriter/Credit Analyst
- Downers Grove, IL (17 miles from Elgin, IL)
- 11 days ago
- Downers Grove, IL (17 miles from Elgin, IL)
- 11 days ago
Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability....
E&S Primary Casualty Underwriter (Senior or AVP)
- Schaumburg, IL (7 miles from Elgin, IL)
- 11 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 11 days 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....
Insurance Underwriter - Pollution & Environmental
- Bolingbrook, IL (23 miles from Elgin, IL)
- 11 days ago
- Bolingbrook, IL (23 miles from Elgin, IL)
- 11 days ago
Required: *** 3+ years of Environmental Insurance or similar Underwriting experience....
Remote WorkCommercial Underwriter II/III C&I
- McHenry, IL (23 miles from Elgin, IL)
- 11 days ago
- McHenry, IL (23 miles from Elgin, IL)
- 11 days ago
Key Accountabilities Underwrite Loans Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting...
Senior Underwriter (Inland Marine & Property)
- Naperville, IL (17 miles from Elgin, IL)
- 12 days ago
- Naperville, IL (17 miles from Elgin, IL)
- 12 days ago
Preferred to Have: CPCU, ARM, or AU industry designations preferred. INS21, 22 and 23 or equivalent is a plus....
MRSGM NA Underwriting Assistant, Terrorism
- Schaumburg, IL (7 miles from Elgin, IL)
- 15 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 15 days ago
Accurately issue quotes, binders, policy wordings and endorsements for underwriting review and approval....
Senior Credit Underwriter - Distribution Finance
- Schaumburg, IL (7 miles from Elgin, IL)
- 15 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 15 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
- Credit Underwriting
- Lending
- Commercial Lending
- Cash Flow Analysis
- Jumbo Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Insurance Underwriting
- Professional Liability
- Umbrella Insurance
- Commercial Insurance
- Property Insurance
- Loss Control
- Premium Audit
- Agency Management
- Cross Selling
- Mortgage Underwriting
- Employee Benefits
- Underwriting
- Balance Sheets
- Claims
- Financial Statements
- Mortgage Processing
- Workers' Compensation
- Appraisal
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Decision Making
- Analytical Skills
- Accounting
- Retail
- High School Diploma
- Negotiation
- Auditing
- Presentation
- Written Communication
- Flexibility
- Mentoring
- 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
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