Underwriting Jobs in South Elgin, 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 35 Jobs

SVP Contract Surety Large Accounts Underwriting Manager, Central

Schaumburg, IL (12 miles from South Elgin, IL)
1 day ago

Schaumburg, IL (12 miles from South Elgin, IL)
1 day 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....

Senior Data Underwriter - Employee Health & Benefits

Schaumburg, IL (12 miles from South Elgin, IL)
2 days ago

Schaumburg, IL (12 miles from South Elgin, IL)
2 days ago

Senior Data Underwriter - Employee Health & Benefits About Marsh McLennan Agency Midwest Marsh McLennan Agency's Midwest Region is a full-service brokerage providing business insurance, employee...

Underwriting Specialist (Commercial P&C)(Remote or Hybrid)

Lisle, IL (18 miles from South Elgin, IL)
5 days ago

Lisle, IL (18 miles from South Elgin, IL)
5 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...

Senior Data Analyst/Underwriter - Employee Health & Benefits

Schaumburg, IL (12 miles from South Elgin, IL)
5 days ago

Schaumburg, IL (12 miles from South Elgin, IL)
5 days ago

About Marsh McLennan Agency Midwest Marsh McLennan Agencys Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement...

E&S Primary Casualty Underwriter (Senior or AVP)

Schaumburg, IL (12 miles from South Elgin, IL)
6 days ago

Schaumburg, IL (12 miles from South Elgin, IL)
6 days ago

Technical Underwriter, Workers Compensation

Schaumburg, IL (12 miles from South Elgin, IL)
6 days ago

Schaumburg, IL (12 miles from South Elgin, IL)
6 days ago

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

Schaumburg, IL (12 miles from South Elgin, IL)
11 days ago

Schaumburg, IL (12 miles from South Elgin, IL)
11 days ago

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

Schaumburg, IL (12 miles from South Elgin, IL)
11 days ago

Schaumburg, IL (12 miles from South Elgin, IL)
11 days ago

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

Schaumburg, IL (12 miles from South Elgin, IL)
11 days ago

Schaumburg, IL (12 miles from South Elgin, IL)
11 days ago

Sr. Technology & Life Sciences Loss Sensitive Underwriter, Account Executive Officer

Downers Grove, IL (19 miles from South Elgin, IL)
13 days ago

Downers Grove, IL (19 miles from South Elgin, IL)
13 days ago

decisions in alignment with our risk appetite. + Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers. + CPCU designation....

Senior Ocean Marine Underwriter, Account Executive Officer

Downers Grove, IL (19 miles from South Elgin, IL)
13 days ago

Downers Grove, IL (19 miles from South Elgin, IL)
13 days ago

in alignment with our risk appetite. + Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers. + CPCU designation....

Residential Insurance Underwriter

Hoffman Estates, IL (14 miles from South Elgin, IL)
13 days ago

Hoffman Estates, IL (14 miles from South Elgin, IL)
13 days ago

Responsibilities: Analyze new and renewal business; manage and control underwriting exposure and pricing strategy consistent with company product guidelines and profitability objectives Perform Peer...

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

Itasca, IL (15 miles from South Elgin, IL)
14 days ago

Itasca, IL (15 miles from South Elgin, IL)
14 days ago

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

Account Executive/Underwriter Small Commercial

Downers Grove, IL (19 miles from South Elgin, IL)
14 days ago

Downers Grove, IL (19 miles from South Elgin, IL)
14 days ago

The Account Executive (AE), Select will partner with agents to provide property, general liability, commercial auto, workers' compensation, and/or umbrella coverage for new business based on customers...

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

Lisle, IL (18 miles from South Elgin, IL)
17 days ago

Lisle, IL (18 miles from South Elgin, IL)
17 days ago

Remote Work

View all 35 jobs

Demographic Data for South Elgin, IL

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

Median Age

Average Household Income

Home Value vs Household Income in South Elgin, IL

Local

National

Total Population

24,361

Number of Businesses

590

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...

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...

Learn Commercial Underwriting and Credit Analysis

Have you noticed that Commercial Lenders have not been as open or willing to take a chance on inexperienced Commercial Underwriters due to the amount of training and effort required to bring one...

Title Synonyms

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Salary for Underwriting Jobs in South Elgin, 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 South Elgin, 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 South Elgin, 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!

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