Underwriting Jobs in Morton, 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.

1-4 of 4 Jobs

Mortgage Underwriter III

  • Peoria, IL (10 miles from Morton, IL)
  • 2 days ago
  • Peoria, IL (10 miles from Morton, IL)
  • 2 days ago

ESSENTIAL DUTIES AND RESPONSIBILITIES: Utilize all systems in place, including automated underwriting to underwrite files in a timely manner Underwrite conventional, portfolio loans, and FHA/VA loans...

Crop Associate Underwriting Manager

  • Peoria, IL (10 miles from Morton, IL)
  • 9 days ago
  • Peoria, IL (10 miles from Morton, IL)
  • 9 days ago

Ensures Associate Underwriting staff is well-versed in company policy, procedures, and relevant underwriting regulations....

Underwriting Assistant

  • Pekin, IL (10 miles from Morton, IL)
  • 12 days ago
  • Pekin, IL (10 miles from Morton, IL)
  • 12 days ago

Our client, a leading regional insurance company, is looking to add an Underwriting Assistant to their Pekin, IL team....

Underwriter

  • Peoria, IL (10 miles from Morton, IL)
  • 90+ days ago
  • Peoria, IL (10 miles from Morton, IL)
  • 90+ days ago

This job performs and applies insurance coverage, rules and guidelines to execute the underwriting decision-making process according to Company underwriting philosophy....

Remote Work

Demographic Data for Morton, IL

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


Local
National
18,488
550
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.
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...
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...

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Salary for Underwriting Jobs in Morton, 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 Morton, 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 Morton, 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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