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 37 Jobs

Small CL Senior Field Underwriter

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 1 day ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 1 day ago

skill and coverage knowledge; ability to make underwriting decisions on POS and CPP accounts up to $50,000 premium size....

Excess Casualty Underwriter II

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 1 day ago
  • Schaumburg, IL (9 miles from Hoffman Estates, 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....

Inside Underwriter/Broker

  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 2 days ago
  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 2 days ago

Evaluate & Quote (New & Renewal) Property & Casualty risks to meet company standards, underwriting guidelines and production quota/goals 2....

Remote Work

Account Executive/Underwriter, Small Commercial. Job in Downers Grove Gr8Jobs

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

CPCU designation. What is a Must Have? Two years of underwriting experience. What Is in It for You?...

Senior Underwriter

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

and guidelines Appraise and underwrite complex risks for life insurance and ensure underwriting decisions are sound, competitive, and profitable Maintain detailed records of underwriting decisions...

Insurance Underwriter (Hybrid)

  • Lake Forest, IL (15 miles from Hoffman Estates, IL)
  • 8 days ago
  • Lake Forest, IL (15 miles from Hoffman Estates, IL)
  • 8 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....

Account Executive / Underwriter - Small Commercial

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

CPCU designation. What is a Must Have? Two years of underwriting experience. What Is in It for You?...

Commercial Surety Underwriter/Credit Analyst

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

Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability....

E&S Primary Casualty Underwriter (Senior or AVP)

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 11 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 11 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....

Commercial Underwriter II/III C&I

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

MRSGM NA Underwriting Assistant, Terrorism

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

Accurately issue quotes, binders, policy wordings and endorsements for underwriting review and approval....

Senior Credit Underwriter - Distribution Finance

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

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

Remote Work

Insurance Underwriter Real Estate Investor P&C

  • Elgin, IL (10 miles from Hoffman Estates, IL)
  • 21 days ago
  • Elgin, IL (10 miles from Hoffman Estates, IL)
  • 21 days ago

Hotels Motels Apartment Buildings Boarding Houses Mobile Home Parks Student Housing General Liability Property Casualty E&S Excess Surplus Workers Compensation Employment Practices Errors & Omissions...

Remote Work

Middle Market Lead Underwriter - IL/IN/MI Region

  • Saint Charles, IL (17 miles from Hoffman Estates, IL)
  • 23 days ago
  • Saint Charles, IL (17 miles from Hoffman Estates, IL)
  • 23 days ago

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products...

Lower Middle Market Underwriter

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

This individual reports into a Commercial Insurance branch office and matrixes into a regional LMM underwriting team....

Demographic Data for Hoffman Estates, IL

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


Local
National
12,812,477
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.
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...
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...
Mastering Mortgage Underwriting: A Crash Course
What is mortgage underwriting? How can I start a career as a mortgage underwriter?Start a career in underwriting by unlocking the world of mortgage underwriting in this comprehensive crash course...

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
14.6%
Associate's Degree
11.3%
High School or GED
9.9%
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 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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