Underwriting Jobs in Hoffman Estates, 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 32 Jobs

Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....

Liberty Mutual Insurance

Senior Surety Underwriter

Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....

Loss Mitigation Underwriter

  • Palatine, IL (7 miles from Hoffman Estates, IL)
  • 9 hours ago
  • Palatine, IL (7 miles from Hoffman Estates, IL)
  • 9 hours ago

Two (2) to three (3) years' of underwriting background or servicing/loss mitigation experience Strong working knowledge of Microsoft Suite (Word, Excel, Outlook, etc.)....

Senior Commercial Underwriter

  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 2 days ago
  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 2 days ago

Insurance designations, such as CPCU preferred Knowledge, Skills & Abilities: Excellent knowledge of underwriting and risk analysis Exceptional problem-solving skills and the ability to make sound...

Production Underwriter

  • Park Ridge, IL (18 miles from Hoffman Estates, IL)
  • 4 days ago
  • Park Ridge, IL (18 miles from Hoffman Estates, IL)
  • 4 days ago

largest FM Affiliated office is extremely important because the FM Affiliated Production Underwriter I is responsible for both new business production as well as renewal retention while maintaining underwriting...

Wholesale Management Liability Underwriter - Navigators, a Brand of The Hartford

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 5 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 5 days ago

As an Underwriter on the Wholesale Management Liability Team at Navigators, a Brand of The Hartford, your primary role will be to underwrite and actively pursue new business, underwrite and maintain...

Underwriting Analyst

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 5 days ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 5 days ago

The Underwriting Analyst is responsible for setting up new and renewal prospects for Stop Loss/Captive Underwriters, as well as performing all other necessary functions required to underwrite the prospect...

Underwriter Senior - Home Lending

  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 7 days ago
  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 7 days ago

Basic Qualifications: High school diploma or equivalent Three or more years of mortgage underwriting experience in the 1st mortgage arena (includes FHMA and FHLMC) Must have recent underwriting experience...

Remote Work

Middle Market Sr Sales Underwriting Specialist

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 10 days ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 10 days ago

Uses all appropriate underwriting tools (e.g. RQI, WC RST, UWWS, and CLAY.), disciplines and knowledge of strategies to ensure underwriting guidelines are followed....

Underwriter

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 11 days ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 11 days ago

The Underwriter is responsible for evaluating and underwriting stop-loss insurance....

Sr. Credit Underwriter - Distribution Finance

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 13 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 13 days ago

Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans....

Remote Work

SBA Portfolio Underwriter II

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 13 days ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 13 days ago

Basic Qualifications: Bachelor's Degree Minimum of 5 years' experience analyzing and underwriting loans for business/commercial clients....

Remote Work

AVP Underwriting Manager - Group Captives

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 15 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 15 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....

Sr. Technology & Life Sciences Loss Sensitive Underwriter, Account Executive Officer

  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 16 days ago
  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 16 days ago

+ Four years of underwriting experience. What Is in It for You?...

Senior Underwriter

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 21 days ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 21 days ago

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

Demographic Data for Hoffman Estates, IL

Moving to Hoffman Estates, IL? Find some basic demographic data about Hoffman Estates, IL below.


Local
National
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319,486

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...
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
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...

Title Synonyms

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Salary for Underwriting Jobs in Hoffman Estates, 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 Hoffman Estates, IL offer the following education background
Bachelor's Degree
49.6%
Master's Degree
14.5%
Associate's Degree
11.2%
High School or GED
10.0%
Vocational Degree or Certification
9.9%
Some College
2.4%
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 Hoffman Estates, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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