Underwriting Jobs in Lake Forest, 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.
Executive Underwriter or AVP, Underwriting Director - Group Captives
- Zurich Insurance Company Ltd.
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 45+ days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 45+ days ago
The proposed salary range for the span style=line-height:115%AVP, Underwriting Director/span is $130,000.00 - $215,000.00, with short-term incentive bonus eligibility set at 20%....
Hybrid- Hanover Insurance Group, Inc.
- Itasca, IL (20 miles from Lake Forest, IL)
- 6 days ago
- Itasca, IL (20 miles from Lake Forest, IL)
- 6 days ago
Associate team by supporting various underwriting functions in partnership with assigned underwriters and/or territories....
In Person- AbbVie
- North Chicago, IL (5 miles from Lake Forest, IL)
- 6 days ago
- North Chicago, IL (5 miles from Lake Forest, IL)
- 6 days ago
Company Description About AbbVie AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of...
In PersonMRSGNA Underwriting Assistant Surety TEMP
- Munich Re
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 7 days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 7 days ago
We are seeking a Temporary Position Underwriting Assistant, Surety to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to the VP, Surety Operations...
In Person TemporaryProfessional Liability Underwriting Specialist
- The Hanover Insurance Group
- Itasca, IL (20 miles from Lake Forest, IL)
- 12 days ago
- Itasca, IL (20 miles from Lake Forest, IL)
- 12 days ago
Use all appropriate underwriting tools, disciplines, and strategies to ensure underwriting guidelines are followed....
In PersonCommercial Underwriter III - Healthcare/ Sr Living
- First Midwest Bank
- Deerfield, IL (4 miles from Lake Forest, IL)
- 14 days ago
- Deerfield, IL (4 miles from Lake Forest, IL)
- 14 days ago
Key Accountabilities Structure and Underwrite Loans * Focus primarily on senior housing, hospitals and ancillary medical services * Underwrite new credit requests, renewals, and modifications focusing...
In PersonCommercial Underwriter III - Healthcare/ Sr Living Facilities
- Old National Bank
- Deerfield, IL (4 miles from Lake Forest, IL)
- 19 days ago
- Deerfield, IL (4 miles from Lake Forest, IL)
- 19 days ago
Proficient in excel and a firm understanding of key bank underwriting metrics....
In Person- Hanover Insurance Group, Inc.
- Itasca, IL (20 miles from Lake Forest, IL)
- 22 days ago
- Itasca, IL (20 miles from Lake Forest, IL)
- 22 days ago
This is a hybrid opportunity.POSITION OVERVIEW: This position serves as an essential member of the Marine Underwriting Associate team by supporting various underwriting functions in partnership with...
In PersonCredit Underwriter- Inventory Finance
- Huntington Bancshares Inc
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 28 days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 28 days ago
Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans. Review and analyze various transactions....
RemoteExecutive Underwriter - Group Captives
- Zurich Insurance
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 28 days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 28 days ago
years of experience in the Underwriting or Market Facing area OR Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting...
HybridD&O Asset Management Underwriter
- Great American Insurance Group
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
We are looking for a D&O Asset Management Underwriter to market, underwrite and produce profitable business....
In Person- The Hartford
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
This role will be responsible for underwriting both our open brokerage product as well as our digital product....
HybridExecutive Underwriter - E&S Excess Casualty
- Zurich NA
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
of E&S Commercial Insurance industry experience Technical knowledge of Excess Casualty Underwriting within the E&S space Established wholesale broker relationships Creative problem-solving skills Strong...
Remote Full Time- The Hanover Insurance Group
- Itasca, IL (20 miles from Lake Forest, IL)
- 30+ days ago
- Itasca, IL (20 miles from Lake Forest, IL)
- 30+ days ago
IN THIS ROLE, YOU WILL: Technical Underwriting: Thorough knowledge and understanding of business strategy....
In PersonCredit Underwriter Sr - Inventory Finance
- Huntington Bancshares Inc
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
- Schaumburg, IL (17 miles from Lake Forest, IL)
- 30+ days ago
Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans. Review and analyze various transactions....
RemoteDemographic Data for Lake Forest, IL
Moving to Lake Forest, IL? Find some basic demographic data about Lake Forest, IL below.
Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Lake Forest, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Lake Forest, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Federal Housing Administration
- Credit Underwriting
- Lending
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- Conventional Loans
- Jumbo Loans
- General Liability
- Property and Casualty Insurance
- Insurance Underwriting
- Commercial Insurance
- Property Insurance
- Premium Audit
- Professional Liability
- Umbrella Insurance
- Agency Management
- Loss Control
- Mortgage Underwriting
- Underwriting
- Cross Selling
- Claims
- Financial Statements
- Appraisal
- Mortgage Processing
- Financial Modeling
- Workers' Compensation
- File Management
- Financial Analysis
- Referrals
- Reimbursement
- Analytical Skills
- Risk Management
- Relationship Management
- Finance
- Decision Making
- Negotiation
- Retail
- Accounting
- Military Background
- Auditing
- Written Communication
- Presentation
- Mentoring
- Documentation
- Coaching
- Employee Development
- Reporting
- Policy Development
- Critical Thinking
- Filing
- Collaboration
- Flexibility
- Bachelor's Degree
- Sales
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Staff Supervision
- Scheduling
- Customer Service
- Time Management
- Leadership
- Communication Skills
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