Underwriting Jobs in Elmwood Park, 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 233 Jobs
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....

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, 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...

Assistant Underwriter, Equipment Breakdown

  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 6 hours ago
  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 6 hours ago

Continuing education or professional designations in insurance underwriting and information privacy including Registered Professional Liability Underwriter (RPLU), Certified Information Privacy Professional...

Underwriter, Commercial Surety

  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 7 hours ago
  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 7 hours ago

Drives the dual underwriting process by providing intelligent, well thought out recommendations and company analyses....

Underwriting Specialist Healthcare Professional Liability Programs

  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 19 hours ago
  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 19 hours ago

Notifies agencies of adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations....

Cyber Underwriter - Chicago

  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 20 hours ago
  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 20 hours ago

Perform all aspects of the underwriting process and due diligence including review and analysis of underwriting documents, third party vendor reports, current trends and individual risk factors....

Group Underwriting Consultant Senior (National Accounts)

  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 1 day ago
  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 1 day ago

Preferred Skills, Capabilities, and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred....

SVP Contract Surety Large Accounts Underwriting Manager, Central

  • Schaumburg, IL (16 miles from Elmwood Park, IL)
  • 1 day ago
  • Schaumburg, IL (16 miles from Elmwood Park, 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....

Senior Specialist Underwriting Operations, Profess

  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 1 day ago
  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 1 day ago

Maintain streamlined underwriting processes by processing new business, renewals, and cancellations accurately. Leverage underwriting data to accurately reflect in pricing models....

Technical Underwriting Manager - Inland Marine

  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 1 day ago
  • Chicago, IL (7 miles from Elmwood Park, IL)
  • 1 day ago

We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry....

Demographic Data for Elmwood Park, IL

Moving to Elmwood Park, IL? Find some basic demographic data about Elmwood Park, IL below.

Local
National
43,241
776
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...
Alison
Insurance Underwriting Principles and Practices
Within the ever-evolving insurance landscape, the significance of underwriters has reached unprecedented heights. These professionals play a crucial role in evaluating risks, establishing policy...
Udemy
Learn Commercial Underwriting and Credit Analysis
Have you noticed that Commercial Lenders have not been as open or willing to take a chance on inexperienced Commercial Underwriters due to the amount of training and effort required to bring one...
Register to search for more online courses. >>>

Title Synonyms

Users interested in this job title also searched for the following job titles

Salary for Underwriting Jobs in Elmwood Park, 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 Elmwood Park, 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 Elmwood Park, 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!

Other Career Titles

Here are some other career titles that require similar skills