Underwriting Jobs in Elwood, 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.
Multinational Executive Underwriter
- Naperville, IL (24 miles from Elwood, IL)
- 1 day ago
- Naperville, IL (24 miles from Elwood, 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...
- Hickory Hills, IL (24 miles from Elwood, IL)
- 2 days ago
- Hickory Hills, IL (24 miles from Elwood, IL)
- 2 days ago
Minimum of 3 years commercial underwriting experience. Agricultural underwriting experience is a plus....
Insurance Underwriter - Pollution Risks
- Orland Park, IL (18 miles from Elwood, IL)
- 4 days ago
- Orland Park, IL (18 miles from Elwood, IL)
- 4 days ago
Duties: *** Accept, modify, or decline risks. *** Underwrite Environmental risks for coverage lines including General Liability, Contractors Pollution Liability, Professional Liability, Premises Pollution...
Remote WorkInsurance Underwriter - Pollution & Environmental
- Bolingbrook, IL (19 miles from Elwood, IL)
- 11 days ago
- Bolingbrook, IL (19 miles from Elwood, IL)
- 11 days ago
Required: *** 3+ years of Environmental Insurance or similar Underwriting experience....
Remote WorkCommercial Underwriter II/III C&I
- Hickory Hills, IL (24 miles from Elwood, IL)
- 11 days ago
- Hickory Hills, IL (24 miles from Elwood, 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 (24 miles from Elwood, IL)
- 12 days ago
- Naperville, IL (24 miles from Elwood, IL)
- 12 days ago
Preferred to Have: CPCU, ARM, or AU industry designations preferred. INS21, 22 and 23 or equivalent is a plus....
P&C Middle Market Renewal Center Underwriter
- Naperville, IL (24 miles from Elwood, IL)
- 30+ days ago
- Naperville, IL (24 miles from Elwood, IL)
- 30+ days ago
basis, including the following responsibilities: Underwriting: Underwrites renewal business including some account rounding opportunities Seamlessly applies all applicable Underwriting guidelines when...
Excess Casualty Underwriting Specialist (market facing)
- Naperville, IL (24 miles from Elwood, IL)
- 30+ days ago
- Naperville, IL (24 miles from Elwood, IL)
- 30+ days ago
, ARM, or AU industry designations INS21, 22, and 23 or equivalent is a plus Eight or more years of experience in commercial Insurance Our Culture IAT is the largest private, family- owned property...
- Naperville, IL (24 miles from Elwood, IL)
- 90+ days ago
- Naperville, IL (24 miles from Elwood, IL)
- 90+ days ago
Role overview: Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit....
Demographic Data for Elwood, IL
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Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Elwood, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Elwood, 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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