Underwriting Jobs in Elk Grove Village, 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 238 Jobs
Liberty Mutual Insurance

Executive Underwriter, Middle Market Technology

A related bachelor's degree; seven to ten years of relevant experience preferred; CPCU or professional insurance designation strongly preferred....

Liberty Mutual Insurance

Senior Underwriting Manager, Middle Market Life Sciences

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...

Liberty Mutual Insurance

Executive Underwriter, Middle Market Life Sciences

property, general liability, products liability, clinical trials liability, errors & omissions (E&O), cyber, excess/umbrella, workers' compensation, auto, and multinational coverages....

Liberty Mutual Insurance

Executive Underwriter, Liberty Mutual Mobility Solutions

commercial and personal lines capabilities to bring a full range of tailored solutions and nuanced approaches to the rapidly evolving mobility landscape....

Liberty Mutual Insurance

Executive Underwriter, Loss Sensitive - Large Construction

Solve complex problems Establish and build healthy working relationships exceeds in mentoring relationships, and negotiate as normally acquired Bachelor's degree CPCU or CRIS professional insurance...

Liberty Mutual Insurance

Underwriting Officer, Multi-Buyer Trade Credit

Liberty Mutual Insurance Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability...

Liberty Mutual Insurance

Executive Underwriter, Ironshore Environmental Wholesale Distribution

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

Liberty Mutual Insurance

Executive Underwriter, Middle Markets Construction

If you're a talented commercial insurance underwriter with construction expertise, confidence, and a deal-oriented mindset, this is an excellent opportunity for you....

Senior Underwriter

  • Rolling Meadows, IL (4 miles from Elk Grove Village, IL)
  • 15 days ago
  • Rolling Meadows, IL (4 miles from Elk Grove Village, IL)
  • 15 days ago

Has frequent contact with field to gather information on which to base and defend underwriting decisions. Does not have any assigned Production goals....

Senior Data Analyst/Underwriter - Employee Health & Benefits

  • Schaumburg, IL (4 miles from Elk Grove Village, IL)
  • 4 hours ago
  • Schaumburg, IL (4 miles from Elk Grove Village, IL)
  • 4 hours ago

About Marsh McLennan Agency Midwest Marsh McLennan Agencys Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement...

Senior Underwriter - Management Liability New Business

  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 8 hours ago
  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 8 hours ago

Berkley, founded in 1967, is one of the nations premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB)....

Underwriter - Financial Lines (Management Liability Coverage - Private)

  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 17 hours ago
  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 17 hours ago

We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business...

Underwriting Technician, Financial Lines

  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 17 hours ago
  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 17 hours ago

information; pre or post binding as needed to underwrite and complete file documentation Confirms underwriting terms and conditions and determines appropriate conditions for quote/binder/policy with...

Underwriter (Management Liability Lines - PNP)

  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 1 day ago
  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 1 day ago

Completion of a formal underwriting training program or minimum one year underwriting experience....

Underwriting Assistant

  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 1 day ago
  • Chicago, IL (18 miles from Elk Grove Village, IL)
  • 1 day ago

Performs quality control of adjustments prior to underwriting review; documents discrepancies and works with CS adjustment team for resolution....

Demographic Data for Elk Grove Village, IL

Moving to Elk Grove Village, IL? Find some basic demographic data about Elk Grove Village, IL below.

Local
National
33,670
2,518
Medium

Underwriting Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Udemy
AI for Loan Underwriting
Artificial Intelligence (AI) is transforming the financial landscape, particularly in loan underwriting, by enhancing efficiency, accuracy, and risk assessment. This course, AI for Loan...
Udemy
Insurance: Underwriting Risks Regulatory Practices
Introduction: Insurance underwriting plays a crucial role in assessing risk, determining premiums, and ensuring the financial stability of insurance providers. This course offers an in-depth...
Udemy
Mortgage Underwriting Problems & Solutions Mastercourse
Are you looking to master the mortgage underwriting process and confidently solve complex loan scenarios? Do you want to start working as an underwriter but need real-life underwriting...
Register to search for more online courses. >>>

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Salary for Underwriting Jobs in Elk Grove Village, 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 Elk Grove Village, IL offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.8%
Vocational Degree or Certification
9.8%
Some College
2.3%
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 Elk Grove Village, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Underwriting position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

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