Underwriting Jobs in Lockport, 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 21 Jobs

Underwriting Specialist (Commercial P&C)(Remote or Hybrid)

  • Lisle, IL (12 miles from Lockport, IL)
  • 3 days ago
  • Lisle, IL (12 miles from Lockport, IL)
  • 3 days ago

As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as...

Commercial Underwriter, Sr

  • Hickory Hills, IL (14 miles from Lockport, IL)
  • 5 days ago
  • Hickory Hills, IL (14 miles from Lockport, IL)
  • 5 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...

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

  • Downers Grove, IL (13 miles from Lockport, IL)
  • 11 days ago
  • Downers Grove, IL (13 miles from Lockport, IL)
  • 11 days ago

decisions in alignment with our risk appetite. + Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers. + CPCU designation....

Senior Ocean Marine Underwriter, Account Executive Officer

  • Downers Grove, IL (13 miles from Lockport, IL)
  • 11 days ago
  • Downers Grove, IL (13 miles from Lockport, IL)
  • 11 days ago

in alignment with our risk appetite. + Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers. + CPCU designation....

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

  • Itasca, IL (24 miles from Lockport, IL)
  • 12 days ago
  • Itasca, IL (24 miles from Lockport, IL)
  • 12 days ago

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

Account Executive/Underwriter Small Commercial

  • Downers Grove, IL (13 miles from Lockport, IL)
  • 12 days ago
  • Downers Grove, IL (13 miles from Lockport, IL)
  • 12 days ago

The Account Executive (AE), Select will partner with agents to provide property, general liability, commercial auto, workers' compensation, and/or umbrella coverage for new business based on customers...

Marketing Underwriter, Program Business (Commercial P&C)(Hybrid or Remote)

  • Lisle, IL (12 miles from Lockport, IL)
  • 15 days ago
  • Lisle, IL (12 miles from Lockport, IL)
  • 15 days ago

As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as...

Remote Work

Senior Underwriter, Insurance

  • Itasca, IL (24 miles from Lockport, IL)
  • 20 days ago
  • Itasca, IL (24 miles from Lockport, IL)
  • 20 days ago

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

BBCC Underwriter

  • Hickory Hills, IL (14 miles from Lockport, IL)
  • 30+ days ago
  • Hickory Hills, IL (14 miles from Lockport, IL)
  • 30+ days ago

Minimum of 3 years commercial underwriting experience. Agricultural underwriting experience is a plus....

Senior Underwriter

  • Downers Grove, IL (13 miles from Lockport, IL)
  • 30+ days ago
  • Downers Grove, IL (13 miles from Lockport, IL)
  • 30+ 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 - Pollution Risks

  • Orland Park, IL (11 miles from Lockport, IL)
  • 30+ days ago
  • Orland Park, IL (11 miles from Lockport, IL)
  • 30+ days ago

Duties: *** Accept, modify, or decline risks. *** Underwrite Environmental risks for coverage lines including General Liability, Contractors Pollution Liability, Professional Liability, Premises Pollution...

Remote Work

Commercial Surety Underwriter/Credit Analyst

  • Downers Grove, IL (13 miles from Lockport, IL)
  • 30+ days ago
  • Downers Grove, IL (13 miles from Lockport, IL)
  • 30+ days ago

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

Insurance Underwriter - Pollution & Environmental

  • Bolingbrook, IL (5 miles from Lockport, IL)
  • 30+ days ago
  • Bolingbrook, IL (5 miles from Lockport, IL)
  • 30+ days ago

Required: *** 3+ years of Environmental Insurance or similar Underwriting experience....

Remote Work

Commercial Underwriter II/III C&I

  • Hickory Hills, IL (14 miles from Lockport, IL)
  • 30+ days ago
  • Hickory Hills, IL (14 miles from Lockport, IL)
  • 30+ 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...

Personal Lines Auto Underwriting Supervisor

  • Bedford Park, IL (15 miles from Lockport, IL)
  • 30+ days ago
  • Bedford Park, IL (15 miles from Lockport, IL)
  • 30+ days ago

The Underwriting Supervisor will be responsible for overseeing and monitoring the Personal Lines Underwriting team with a strong focus on quality and timeliness....

Demographic Data for Lockport, IL

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


Local
National
37,093
780
Medium

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...
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...

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Salary for Underwriting Jobs in Lockport, 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 Lockport, 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 Lockport, 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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