Underwriting Jobs in Springfield, 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.
Remote Senior Underwriter, Small Commercial - Central
- Liberty Mutual Insurance
- Springfield, IL
- 15 hours ago
- Liberty Mutual Insurance
- Springfield, IL
- 15 hours ago
We encourage you to apply and bring your expertise if you're a: Strategic Account Manager : As part of your portfolio strategy, you'll ensure a profitable book of Property and Casualty insurance by...
Remote WorkPosition Summary Would you like to join CVS Health, a Fortune 5 company, on our multifaceted Underwriting team?...
Minimum 7 years of experience in jumbo and super jumbo underwriting to investor or organization's guidelines required Minimum 7 years of experience with state and federal lending regulations (i.e.,...
. * Minimum 5 years of experience in jumbo underwriting to investor or organization's guidelines required. * Minimum 5 years of experience with state and federal lending regulations (i.e., Ability to...
The incumbent uses discretion of Underwriting authority within the policies of HMIG and ensures appropriate levels of profitability and growth over time....
EDUCATION/EXPERIENCE REQUIREMENTS Minimum Education: College degree or a minimum of 4 years of commercial insurance experience in the workers compensation field....
Home Office Underwriting Manager - Commercial Surety
- Springfield, IL
- 8 days ago
- Springfield, IL
- 8 days ago
Travelers is seeking a collaborative and analytical individual with underwriting expertise to join the Commercial Surety Home Office Underwriting team....
Remote Underwriting Manager, TPO Specialty Products
- Springfield, IL
- 13 days ago
- Springfield, IL
- 13 days ago
Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Remote Work, and general oversite of the underwriting team that reports to them....
Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Act as lead Underwriting Assistant on key large group accounts. Responsible for delegating Underwriting Assistant work & participation in projects. Participates in renewal underwriting process....
Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Underwriter, Wholesale, Specialty Products
- Springfield, IL
- 30+ days ago
- Springfield, IL
- 30+ days ago
Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Underwriting Officer, Ocean Marine - Hull & Liabilities
- Springfield, IL
- 30+ days ago
- Springfield, IL
- 30+ days ago
As an Underwriting Officer, Ocean Marine, you are an underwriting subject matter expert and integral member of a field leadership team....
Will be part of the Open Market underwriting team. The Skills You Bring 2+ years in financial services or similar industry is needed....
Demographic Data for Springfield, IL
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Underwriting Online Courses and Training Opportunities
Title Synonyms
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Salary for Underwriting Jobs in Springfield, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Springfield, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Lending
- Cash Flow Analysis
- Mortgage Underwriting
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- Jumbo Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Professional Liability
- Insurance Underwriting
- Umbrella Insurance
- Loss Control
- Commercial Insurance
- Property Insurance
- Premium Audit
- Agency Management
- Cross Selling
- Underwriting
- Claims
- Financial Statements
- Mortgage Processing
- Appraisal
- Workers' Compensation
- File Management
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Analytical Skills
- Accounting
- Decision Making
- Retail
- Written Communication
- Negotiation
- Auditing
- Presentation
- Mentoring
- Documentation
- Collaboration
- Interpersonal Skills
- Coaching
- Bachelor's Degree
- Reporting
- Filing
- Critical Thinking
- Sales
- Policy Development
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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