Underwriting Jobs in Spring Valley, 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.

1-3 of 3 Jobs

Senior Underwriter

  • Ohio, IL (18 miles from Spring Valley, IL)
  • 8 days ago
  • Ohio, IL (18 miles from Spring Valley, IL)
  • 8 days ago

What it Takes Bachelor's Degree or equivalent work experience Minimum 2 years of related middle-market commercial lines underwriting experience: Previous Commercial Property Casualty insurance underwriting...

Small Business Underwriter

  • Ohio, IL (18 miles from Spring Valley, IL)
  • 90+ days ago
  • Ohio, IL (18 miles from Spring Valley, IL)
  • 90+ days ago

Two years insurance experience in the property and casualty insurance market preferred....

Senior Underwriter - Middle Market Solutions

  • Ohio, IL (18 miles from Spring Valley, IL)
  • 90+ days ago
  • Ohio, IL (18 miles from Spring Valley, IL)
  • 90+ days ago

Strong underwriting knowledge of Property, General Liability, Automobile, Umbrella, and Workers Compensation....

Demographic Data for Spring Valley, IL

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


Local
National
5,961
116
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...
Mortgage Underwriting Problems & Solutions Mastercourse
Are you looking to master the mortgage underwriting process and confidently solve complex loan scenarios? Do you want to start working as an underwriter but need real-life underwriting...

Title Synonyms

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


Salary for Underwriting Jobs in Spring Valley, 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 Spring Valley, 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 Spring Valley, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


Other Career Titles

Here are some other career titles that require similar skills