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.
Associate Consumer Underwriter .
- Ally Financial
- Springfield, IL
- 4 days ago
- Springfield, IL
- 4 days ago
General information Career area Underwriting Work Location(s) WFH - Illinois, IL, WFH - Michigan, MI Remote?...
Remoteprocess, and partners with internal collaborators to deliver loans or investment proposals with strong credit underwriting, while balancing risk, return and community impact objectives....
In PersonUnderwriter, Wholesale, Specialty Products
- Carrington
- Springfield, IL
- 12 days ago
- Springfield, IL
- 12 days ago
Applies and interprets company underwriting guidelines and makes sound credit decision....
In PersonAs an Underwriting Consultant, you will serve as a senior technical expert within the Life Underwriting practice for Financial Protection and Retirement Solutions....
In PersonCommercial Underwriter - Renewable Energy
- Travelers Insurance Company
- Springfield, IL
- 17 days ago
- Springfield, IL
- 17 days ago
+ Two years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience. What Is in It for You?...
In PersonExplain Guardian product information, risk classification, and underwriting action to peers and field force + Collaborate with peer underwriting staff, support personnel, and adjacent departments to...
In PersonFulfills Highmark's mission to provide and maintain affordable products, by performing ongoing review of the medical underwriting guidelines and departmental procedures....
In PersonMakes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
RemoteDemographic Data for Springfield, IL
Moving to Springfield, IL? Find some basic demographic data about Springfield, IL below.
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
- Federal Housing Administration
- Credit Underwriting
- Lending
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- Conventional Loans
- Jumbo Loans
- General Liability
- Property and Casualty Insurance
- Insurance Underwriting
- Commercial Insurance
- Property Insurance
- Premium Audit
- Professional Liability
- Umbrella Insurance
- Agency Management
- Loss Control
- Mortgage Underwriting
- Underwriting
- Cross Selling
- Claims
- Financial Statements
- Appraisal
- Mortgage Processing
- Financial Modeling
- Workers' Compensation
- File Management
- Financial Analysis
- Referrals
- Reimbursement
- Analytical Skills
- Risk Management
- Relationship Management
- Finance
- Decision Making
- Negotiation
- Retail
- Accounting
- Military Background
- Auditing
- Written Communication
- Presentation
- Mentoring
- Documentation
- Coaching
- Employee Development
- Reporting
- Policy Development
- Critical Thinking
- Filing
- Collaboration
- Flexibility
- Bachelor's Degree
- Sales
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Staff Supervision
- Scheduling
- Customer Service
- Time Management
- Leadership
- Communication Skills
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