Underwriting Jobs in Petersburg, 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.

1-7 of 7 Jobs

Construction Professional Liability Underwriter (Sr. Level III or AVP Level IV)

  • Springfield, IL (20 miles from Petersburg, IL)
  • 4 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 4 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....

Construction Professional Liability Underwriter (Level I or Mid Level II)

  • Springfield, IL (20 miles from Petersburg, IL)
  • 4 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 4 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....

Construction Professional Liability Underwriter (Mid-Level II or Sr. Level III)

  • Springfield, IL (20 miles from Petersburg, IL)
  • 4 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 4 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....

Manager, Underwriting

  • Springfield, IL (20 miles from Petersburg, IL)
  • 6 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 6 days ago

The Underwriting Manager serves as a key support role within the Meritain Underwriting team, providing day-to-day management and mentorship to a group of underwriters....

Market Underwriter - HNAS

  • Springfield, IL (20 miles from Petersburg, IL)
  • 6 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 6 days ago

. + Responsible for portfolio of clients through underwriting engagement, from identification through documentation of final sold-contract details + Assess risk by looking at various risk measures such...

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

  • Springfield, IL (20 miles from Petersburg, IL)
  • 7 days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 7 days ago

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

Underwriter Sr-Business Banking

  • Springfield, IL (20 miles from Petersburg, IL)
  • 30+ days ago
  • Springfield, IL (20 miles from Petersburg, IL)
  • 30+ days ago

**Duties & Responsibilities:** + Analyze financial statements + Utilize bank systems for loan processing and completion of loan proposal + Complete underwriting and communicate credit decisions within...

Demographic Data for Petersburg, IL

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


Local
National
6,044
120
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 Petersburg, 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 Petersburg, 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 Petersburg, 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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