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.
- 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)
- 11 hours ago
- Schaumburg, IL (22 miles from Great Lakes, IL)
- 11 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
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....
- 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)
- 5 days ago
- Schaumburg, IL (22 miles from Great Lakes, IL)
- 5 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....
Construction Professional Liability Underwriter (Level I or Mid Level II)
- Schaumburg, IL (22 miles from Great Lakes, IL)
- 5 days ago
- Schaumburg, IL (22 miles from Great Lakes, IL)
- 5 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....
Construction Professional Liability Underwriter (Sr. Level III or AVP Level IV)
- Schaumburg, IL (22 miles from Great Lakes, IL)
- 5 days ago
- Schaumburg, IL (22 miles from Great Lakes, IL)
- 5 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....
Residential Insurance Underwriter
- Hoffman Estates, IL (18 miles from Great Lakes, IL)
- 7 days ago
- Hoffman Estates, IL (18 miles from Great Lakes, IL)
- 7 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- 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....
Underwriting Online Courses and Training Opportunities
Title Synonyms
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Salary for Underwriting Jobs in Great Lakes, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Great Lakes, 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
- 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
- Mortgage Underwriting
- Cross Selling
- Agency Management
- Employee Benefits
- Underwriting
- Balance Sheets
- Claims
- Financial Statements
- Mortgage Processing
- Workers' Compensation
- Building Relationships
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Referrals
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Accounting
- Retail
- Auditing
- High School Diploma
- Negotiation
- Written Communication
- Presentation
- Mentoring
- Flexibility
- Collaboration
- Reporting
- Documentation
- Coaching
- Filing
- Bachelor's Degree
- Policy Development
- Microsoft Office
- Problem Solving
- Sales
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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