Underwriting Jobs in Oakbrook Terrace, 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, Underwriter Director - Wrap Ups
- Zurich Insurance Company Ltd.
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 6 days ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 6 days ago
As a member of Zurichs Underwriting Team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills while building relationships with Select Brokers focused in the...
HybridUnderwriter OR Underwriting Specialist - E&S Property
- Zurich Insurance Company Ltd.
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
or Underwriting Specialist level....
Hybrid Full TimeExecutive Underwriter or AVP, Underwriting Director - Group Captives
- Zurich Insurance Company Ltd.
- Schaumburg, IL (12 miles from Oakbrook Terrace, IL)
- 45+ days ago
- Schaumburg, IL (12 miles from Oakbrook Terrace, 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%....
HybridAVP, Underwriting Manager- Excess Casualty
- Zurich Insurance Company Ltd.
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 3 days ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 3 days ago
area AND 2 or more years of management experience Preferred Qualifications: CPCU Advanced knowledge of Excess Casualty product lines, the commercial insurance industry Strong Broker relationships in...
Hybrid Full TimeAVP, Underwriting Manager- Middle Markets
- Zurich Insurance Company Ltd.
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 6 days ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 6 days ago
helvetica, sans-serif;font-size:12.0ptMiddle Markets is a key business segment within Zurich, and we are focused on attracting top customer advocates who possess a sales mindset, strong technical underwriting...
HybridUnderwriting Specialist or Executive Underwriter- ES Property
- Zurich Insurance Company Ltd.
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 3 days ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 3 days ago
The proposed salary for the Underwriting Specialist Eamp;S Property is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%....
HybridExecutive Underwriter OR AVP Underwriting Director - E&S Excess Casualty
- Zurich Insurance Company Ltd.
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 30+ days ago
- Chicago, IL (16 miles from Oakbrook Terrace, 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...
In Person Full TimeUnderwriter - Health & Life, Medical Terminology
- Chubb
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 18 hours ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 18 hours ago
With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse...
In Person- Capital One
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 23 hours ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 23 hours ago
You will be responsible for leading a team of associates to underwrite new transactions....
In Person- Elevance Health
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 23 hours ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 23 hours ago
Job Level: Non-Management Exempt Workshift: Job Family: UND > Group Underwriting Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement...
In PersonExecutive Underwriter or AVP, Underwriter Director - Wrap Up's
- Zurich Insurance Company Ltd.
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
As a member of Zurich's Underwriting Team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills while building relationships with Select Brokers focused in the...
In Person Full Time- Starr
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
Join Starr, a global leader in commercial insurance with over a century of expertise....
In Person- Principal Financial Group
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
Responsibilities: Responsible for assisting in the due diligence, credit underwriting, execution, and portfolio monitoring of private debt investments....
In PersonUnderwriting Specialist OR Executive Underwriter, Large Property
- Zurich Insurance
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 1 day ago
Zurich is seeking an Underwriting Specialist OR Executive Underwriter, Large Property for our National Accounts Large Property Underwriting team in our Chicago office....
Hybrid Full TimeUnderwriting Consultant - Fine Arts (Hybrid or Remote)
- Intact Specialty Solutions
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 2 days ago
- Chicago, IL (16 miles from Oakbrook Terrace, IL)
- 2 days ago
Underwrites and manages a Fine Art book of business including transit, exhibition, and static risks. Manages underwriting quality and book management....
HybridDemographic Data for Oakbrook Terrace, IL
Moving to Oakbrook Terrace, IL? Find some basic demographic data about Oakbrook Terrace, IL below.
Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Oakbrook Terrace, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Oakbrook Terrace, 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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