Underwriting Jobs in Minooka, 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.

1-5 of 5 Jobs

Underwriting Analyst

  • Batavia, IL (24 miles from Minooka, IL)
  • 5 days ago
  • Batavia, IL (24 miles from Minooka, IL)
  • 5 days ago

Property and Casualty License Required Requires broad knowledge of the technical and operational practices within the insurance underwriting field....

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

  • Lisle, IL (23 miles from Minooka, IL)
  • 10 days ago
  • Lisle, IL (23 miles from Minooka, IL)
  • 10 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

Insurance Underwriter - Pollution & Environmental

  • Bolingbrook, IL (18 miles from Minooka, IL)
  • 30+ days ago
  • Bolingbrook, IL (18 miles from Minooka, IL)
  • 30+ days ago

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

Remote Work

Senior Underwriter (Inland Marine & Property)

  • Naperville, IL (21 miles from Minooka, IL)
  • 30+ days ago
  • Naperville, IL (21 miles from Minooka, IL)
  • 30+ days ago

Preferred to Have: CPCU, ARM, or AU industry designations preferred. INS21, 22 and 23 or equivalent is a plus....

Underwriting Analyst

  • Naperville, IL (21 miles from Minooka, IL)
  • 90+ days ago
  • Naperville, IL (21 miles from Minooka, IL)
  • 90+ days ago

Role overview: Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit....

Demographic Data for Minooka, IL

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


Local
National
15,750
300
Medium/Sm

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...
Commercial Real Estate Acquisition Underwriting Strategies
Welcome to Commercial Real Estate Acquisition Underwriting Strategies, a comprehensive and practical course designed to teach you professional techniques to underwrite investment opportunities in...

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Salary for Underwriting Jobs in Minooka, 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 Minooka, 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 Minooka, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


Other Career Titles

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