Underwriting Jobs in Wauconda, 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 26 Jobs

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

  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 10 hours ago
  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 10 hours 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....

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

  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 10 hours ago
  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 10 hours 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....

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

  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 10 hours ago
  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 10 hours 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....

Residential Insurance Underwriter

  • Hoffman Estates, IL (8 miles from Wauconda, IL)
  • 2 days ago
  • Hoffman Estates, IL (8 miles from Wauconda, IL)
  • 2 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 (21 miles from Wauconda, IL)
  • 3 days ago
  • Itasca, IL (21 miles from Wauconda, IL)
  • 3 days ago

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

Business Banking Underwriter III - Practice Finance

  • Rosemont, IL (22 miles from Wauconda, IL)
  • 8 days ago
  • Rosemont, IL (22 miles from Wauconda, IL)
  • 8 days ago

field Proven track record to support high levels of loan volume Ability to underwrite credit exposures in excess of $2.5MM Previous authority to underwrite and decision credits without additional signers...

Remote Work

Senior Underwriter

  • Rolling Meadows, IL (14 miles from Wauconda, IL)
  • 9 days ago
  • Rolling Meadows, IL (14 miles from Wauconda, IL)
  • 9 days ago

Has frequent contact with field to gather information on which to base and defend underwriting decisions. Does not have any assigned Production goals....

Senior Underwriter, Insurance

  • Itasca, IL (21 miles from Wauconda, IL)
  • 11 days ago
  • Itasca, IL (21 miles from Wauconda, IL)
  • 11 days ago

Research underwriting issues and marketplace conditions and report to underwriting and marketing team to maintain competitive edge and industry awareness....

Specialty Lines Underwriting Officer

  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 16 days ago
  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 16 days ago

Basic Qualifications: Bachelors Degree and 12 or more years of experience in the Property & Casualty Commercial Insurance Industry AND Supervisory or management experience Specialty lines of business...

Executive Underwriter, Casualty

  • Hoffman Estates, IL (8 miles from Wauconda, IL)
  • 18 days ago
  • Hoffman Estates, IL (8 miles from Wauconda, IL)
  • 18 days ago

Responsibilities: Underwrite profitable new and renewal business to meet Umbrella/Excess Liability portfolio targets in accordance with underwriting guidelines and underwriting authority....

Insurance Underwriter (Hybrid)

  • Lake Forest, IL (13 miles from Wauconda, IL)
  • 28 days ago
  • Lake Forest, IL (13 miles from Wauconda, IL)
  • 28 days ago

Responsible for underwriting applications by evaluating and selecting risks in accordance with established underwriting guidelines, standards of quality, quantity, and Federal/State legislation....

Commercial Underwriter II/III C&I

  • McHenry, IL (9 miles from Wauconda, IL)
  • 30+ days ago
  • McHenry, IL (9 miles from Wauconda, IL)
  • 30+ days ago

Key Accountabilities Underwrite Loans Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting...

MRSGM NA Underwriting Assistant, Terrorism

  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 30+ days ago
  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 30+ days ago

Accurately issue quotes, binders, policy wordings and endorsements for underwriting review and approval....

Senior Credit Underwriter - Distribution Finance

  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 30+ days ago
  • Schaumburg, IL (16 miles from Wauconda, IL)
  • 30+ days ago

Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans....

Remote Work

Insurance Underwriter Real Estate Investor P&C

  • Elgin, IL (18 miles from Wauconda, IL)
  • 30+ days ago
  • Elgin, IL (18 miles from Wauconda, IL)
  • 30+ days ago

Hotels Motels Apartment Buildings Boarding Houses Mobile Home Parks Student Housing General Liability Property Casualty E&S Excess Surplus Workers Compensation Employment Practices Errors & Omissions...

Remote Work

Demographic Data for Wauconda, IL

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


Local
National
17,029
556
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...
Pre-underwrite a Mortgage with DU & LP
Have you ever wanted to start learning underwriting skills that will open future job opportunities? This course goes over one of the most important steps in the underwriting process which is...

Title Synonyms

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Salary for Underwriting Jobs in Wauconda, 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 Wauconda, 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
9.9%
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 Wauconda, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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