Underwriting Jobs in Mchenry, 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.
Manager, Underwriting - Inventory Finance
- Schaumburg, IL (24 miles from Mchenry, IL)
- 13 hours ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 13 hours ago
Description Summary: The Manager, Underwriting - Inventory Finance is responsible for leading and managing all day-to-day underwriting activities for assigned portfolios to deliver timely adjudications...
Remote WorkKey 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 (24 miles from Mchenry, IL)
- 3 days ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 3 days ago
Accurately issue quotes, binders, policy wordings and endorsements for underwriting review and approval....
Secured Lending Underwriting Analyst
- Hoffman Estates, IL (20 miles from Mchenry, IL)
- 4 days ago
- Hoffman Estates, IL (20 miles from Mchenry, IL)
- 4 days ago
About this role: Wells Fargo is seeking a Secured Lending Underwriting Analyst within our Commercial Banking group....
E&S Casualty Underwriter (Senior or AVP)
- Schaumburg, IL (24 miles from Mchenry, IL)
- 6 days ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 6 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....
Property & Casualty Underwriter Graduate
- Schaumburg, IL (24 miles from Mchenry, IL)
- 7 days ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 7 days ago
About the Role As our Graduate and future underwriting professional, you will work right in the heart of our business, interacting daily with diverse teams across the company that assist in the underwriting...
Senior Underwriter, Excess Casualty
- Schaumburg, IL (24 miles from Mchenry, IL)
- 9 days ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 9 days ago
Develop and implement marketing plans with applicable commercial insurance managers, Achieve renewal retention of at least 90% Adhere to Chubb Commercial Insurance standards for underwriting, pricing...
- Rolling Meadows, IL (23 miles from Mchenry, IL)
- 17 days ago
- Rolling Meadows, IL (23 miles from Mchenry, IL)
- 17 days ago
Assists assigned staff in the resolution of underwriting problems. Has overall responsibility for the Underwriting function within a branch or unit....
Employee Benefits Senior Underwriter - R_315926-6153
- Schaumburg, IL (24 miles from Mchenry, IL)
- 20 days ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 20 days ago
at Marsh & McLennan Cos in Schaumburg, Illinois, United States Job Description About Marsh McLennan Agency Midwest Marsh McLennan Agency's Midwest Region is a full-service brokerage providing...
- Rolling Meadows, IL (23 miles from Mchenry, IL)
- 26 days ago
- Rolling Meadows, IL (23 miles from Mchenry, IL)
- 26 days ago
Underwrites, services, and manages assigned accounts. Has Production and Service goals assigned and is measured on attainment of both....
Contract Surety Bonds Senior Underwriter - Chicago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 30+ days ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 30+ days ago
Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Fidelity and Surety Bonding (AFSB), Chartered Property Casualty Underwriter (CPCU), Certified...
- Lake Forest, IL (21 miles from Mchenry, IL)
- 30+ days ago
- Lake Forest, IL (21 miles from Mchenry, IL)
- 30+ days ago
Responding to internal underwriting-related inquiries via email or other channels. Acting as a subject matter expert for underwriting policies, product changes, and investor requirements....
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...
AVP, Construction Professional Liability Underwriter
- Schaumburg, IL (24 miles from Mchenry, IL)
- 30+ days ago
- Schaumburg, IL (24 miles from Mchenry, IL)
- 30+ 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 (14 miles from Mchenry, IL)
- 45+ days ago
- Hoffman Estates, IL (14 miles from Mchenry, IL)
- 45+ 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...
Demographic Data for Mchenry, IL
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Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Mchenry, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Mchenry, 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
- Loan Origination
- Credit Underwriting
- Lending
- Mortgage Lending
- Conventional Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Coverage Analysis
- Commercial Insurance
- Insurance Underwriting
- Umbrella Insurance
- Property Insurance
- Professional Liability
- Premium Audit
- Loss Control
- Agency Management
- Cross Selling
- Mortgage Underwriting
- Underwriting
- Financial Statements
- Claims
- Workers' Compensation
- Mortgage Processing
- Appraisal
- File Management
- Goal Oriented
- Financial Analysis
- Referrals
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Retail
- Analytical Skills
- Auditing
- Negotiation
- Written Communication
- Accounting
- Documentation
- Presentation
- Driving
- Coaching
- Mentoring
- Flexibility
- Reporting
- Collaboration
- Critical Thinking
- Filing
- Bachelor's Degree
- Policy Development
- Problem Solving
- Sales
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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