Underwriting Jobs in Round Lake, 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.

1-15 of 22 Jobs

Surety Underwriter

Liberty Mutual Insurance
Hoffman Estates, IL (12 miles from Round Lake, IL)
10 days ago

Liberty Mutual Insurance
Hoffman Estates, IL (12 miles from Round Lake, IL)
10 days ago

Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....

Underwriting Analyst

Hoffman Estates, IL (12 miles from Round Lake, IL)
3 hours ago

Hoffman Estates, IL (12 miles from Round Lake, IL)
3 hours ago

An Amwins Company Underwriting Analyst: Underwriting Analysts are a critical component of support for our underwriting functions and staff....

Underwriting Assistant

Rolling Meadows, IL (18 miles from Round Lake, IL)
5 days ago

Rolling Meadows, IL (18 miles from Round Lake, IL)
5 days ago

About You 2+ years of experience in commercial insurance, preferably in an underwriting or processing role....

Remote Work

P&C Middle Market Renewal Center Underwriter

Schaumburg, IL (21 miles from Round Lake, IL)
6 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
6 days ago

basis, including the following responsibilities: Underwriting: Underwrites renewal business including some account rounding opportunities Seamlessly applies all applicable Underwriting guidelines when...

Technical Underwriter, Workers Compensation

Schaumburg, IL (21 miles from Round Lake, IL)
6 days ago

Schaumburg, IL (21 miles from Round Lake, 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....

Underwriting Analyst - Group Accident

Schaumburg, IL (21 miles from Round Lake, IL)
7 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
7 days ago

Group Accident Underwriting Analyst

Schaumburg, IL (21 miles from Round Lake, IL)
9 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
9 days ago

Senior Market Facing Underwriter - Group Captives

Schaumburg, IL (21 miles from Round Lake, IL)
10 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
10 days ago

Commercial Surety Underwriting Officer (AVP or VP)

Schaumburg, IL (21 miles from Round Lake, IL)
11 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
11 days ago

Remote Work

Senior Business Banking Underwriter - 25840

Palatine, IL (16 miles from Round Lake, IL)
12 days ago

Palatine, IL (16 miles from Round Lake, IL)
12 days ago

What Youll Do: Prepare written credit approval memoranda and ancillary forms for various types of credit facilities Structure and underwrite credit facilities in a manner which achieves the business...

Senior Business Banking Underwriter

Palatine, IL (16 miles from Round Lake, IL)
16 days ago

Palatine, IL (16 miles from Round Lake, IL)
16 days ago

E&S Casualty Underwriter (Senior or AVP)

Schaumburg, IL (21 miles from Round Lake, IL)
17 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
17 days ago

Crop Technical Underwriting Director

Schaumburg, IL (21 miles from Round Lake, IL)
18 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
18 days ago

Basic Qualifications: Bachelors Degree and 10 or more years of experience in the Property & Casualty Commercial Insurance Industry AND Crop line of business experience Preferred Qualifications: Advanced...

Loss Mitigation Underwriter

Palatine, IL (16 miles from Round Lake, IL)
19 days ago

Palatine, IL (16 miles from Round Lake, IL)
19 days ago

Two (2) to three (3) years' of underwriting background or servicing/loss mitigation experience Strong working knowledge of Microsoft Suite (Word, Excel, Outlook, etc.)....

Wholesale Management Liability Underwriter - Navigators, a Brand of The Hartford

Schaumburg, IL (21 miles from Round Lake, IL)
24 days ago

Schaumburg, IL (21 miles from Round Lake, IL)
24 days ago

As an Underwriter on the Wholesale Management Liability Team at Navigators, a Brand of The Hartford, your primary role will be to underwrite and actively pursue new business, underwrite and maintain...

View all 22 jobs

Demographic Data for Round Lake, IL

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

Median Age

Average Household Income

Home Value vs Household Income in Round Lake, IL

Local

National

Total Population

61,721

Number of Businesses

969

City Size

Medium

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...

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...

Insurance Underwriting Techniques for Insurance Brokers

Insurance underwriting is a critical pillar of the insurance industry, ensuring that the balance between risk and reward is maintained for both insurers and policyholders. This course provides an...

Title Synonyms

Users interested in this job title also searched for the following job titles

Salary for Underwriting Jobs in Round Lake, 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 Round Lake, 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

10.0%

Vocational Degree or Certification

9.9%

Some College

2.4%

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 Round Lake, IL

None

40.0%

2-4 years

26.7%

1-2 years

20.0%

4-6 years

10.0%

6-8 years

3.3%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Underwriting position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

Other Career Titles

Here are some other career titles that require similar skills