Underwriting Jobs in Great Lakes, 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 29 Jobs

Senior Underwriter

Rolling Meadows, IL (18 miles from Great Lakes, IL)
15 days ago

Rolling Meadows, IL (18 miles from Great Lakes, 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 (22 miles from Great Lakes, IL)
13 hours ago

Schaumburg, IL (22 miles from Great Lakes, IL)
13 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...

E&S Primary Casualty Underwriter (Senior or AVP)

Schaumburg, IL (22 miles from Great Lakes, IL)
1 day ago

Schaumburg, IL (22 miles from Great Lakes, 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....

Technical Underwriter, Workers Compensation

Schaumburg, IL (22 miles from Great Lakes, IL)
1 day ago

Schaumburg, IL (22 miles from Great Lakes, IL)
1 day ago

Commercial Underwriter, Sr

McHenry, IL (21 miles from Great Lakes, IL)
1 day ago

McHenry, IL (21 miles from Great Lakes, IL)
1 day 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...

Construction Professional Liability Underwriter (Mid-Level II or Sr. Level III)

Schaumburg, IL (22 miles from Great Lakes, IL)
6 days ago

Schaumburg, IL (22 miles from Great Lakes, IL)
6 days ago

Construction Professional Liability Underwriter (Level I or Mid Level II)

Schaumburg, IL (22 miles from Great Lakes, IL)
6 days ago

Schaumburg, IL (22 miles from Great Lakes, IL)
6 days ago

Construction Professional Liability Underwriter (Sr. Level III or AVP Level IV)

Schaumburg, IL (22 miles from Great Lakes, IL)
6 days ago

Schaumburg, IL (22 miles from Great Lakes, IL)
6 days ago

Residential Insurance Underwriter

Hoffman Estates, IL (18 miles from Great Lakes, IL)
8 days ago

Hoffman Estates, IL (18 miles from Great Lakes, IL)
8 days ago

Responsibilities: Analyze new and renewal business; manage and control underwriting exposure and pricing strategy consistent with company product guidelines and profitability objectives Perform Peer...

Assistant Manager-Underwriting-Workers' Compensation-Salary Grade P

Itasca, IL (24 miles from Great Lakes, IL)
9 days ago

Itasca, IL (24 miles from Great Lakes, IL)
9 days ago

Under general direction, oversees the operations, processes and workflow of an underwriting team. Team may include professional employees and/or support staff....

Business Banking Underwriter III - Practice Finance

Rosemont, IL (21 miles from Great Lakes, IL)
14 days ago

Rosemont, IL (21 miles from Great Lakes, IL)
14 days ago

field Proven track record to support high levels of loan volume Ability to underwrite credit exposures in excess of $2.5MM Previous authority to underwrite and decision credits without additional signers...

Remote Work

Senior Underwriter, Insurance

Itasca, IL (24 miles from Great Lakes, IL)
17 days ago

Itasca, IL (24 miles from Great Lakes, IL)
17 days ago

Research underwriting issues and marketplace conditions and report to underwriting and marketing team to maintain competitive edge and industry awareness....

Specialty Lines Underwriting Officer

Schaumburg, IL (22 miles from Great Lakes, IL)
22 days ago

Schaumburg, IL (22 miles from Great Lakes, IL)
22 days ago

Basic Qualifications: Bachelors Degree and 12 or more years of experience in the Property & Casualty Commercial Insurance Industry AND Supervisory or management experience Specialty lines of business...

Executive Underwriter, Casualty

Hoffman Estates, IL (18 miles from Great Lakes, IL)
24 days ago

Hoffman Estates, IL (18 miles from Great Lakes, IL)
24 days ago

Responsibilities: Underwrite profitable new and renewal business to meet Umbrella/Excess Liability portfolio targets in accordance with underwriting guidelines and underwriting authority....

Insurance Underwriter (Hybrid)

Lake Forest, IL (4 miles from Great Lakes, IL)
30+ days ago

Lake Forest, IL (4 miles from Great Lakes, IL)
30+ 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....

View all 29 jobs

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.

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...

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...

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...

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Salary for Underwriting Jobs in Great Lakes, 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 Great Lakes, 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 Great Lakes, 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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