Underwriting Jobs in Woodridge, 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 234 Jobs
Liberty Mutual Insurance

Executive Underwriter, Middle Market Technology

A related bachelor's degree; seven to ten years of relevant experience preferred; CPCU or professional insurance designation strongly preferred....

Liberty Mutual Insurance

Senior Underwriting Manager, Middle Market Life Sciences

of 2 years of proven underwriting management experience is preferred CPCU or professional insurance designation preferred Proven track record of developing and underwriting profitable business Proven...

Liberty Mutual Insurance

Executive Underwriter, Middle Market Life Sciences

property, general liability, products liability, clinical trials liability, errors & omissions (E&O), cyber, excess/umbrella, workers' compensation, auto, and multinational coverages....

Liberty Mutual Insurance

Executive Underwriter, Liberty Mutual Mobility Solutions

commercial and personal lines capabilities to bring a full range of tailored solutions and nuanced approaches to the rapidly evolving mobility landscape....

Liberty Mutual Insurance

Executive Underwriter, Loss Sensitive - Large Construction

Solve complex problems Establish and build healthy working relationships exceeds in mentoring relationships, and negotiate as normally acquired Bachelor's degree CPCU or CRIS professional insurance...

Liberty Mutual Insurance

Underwriting Officer, Multi-Buyer Trade Credit

Liberty Mutual Insurance Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability...

Liberty Mutual Insurance

Executive Underwriter, Ironshore Environmental Wholesale Distribution

They contribute to maintaining a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/brokers relationships, and application of underwriting...

Liberty Mutual Insurance

Executive Underwriter, Middle Markets Construction

If you're a talented commercial insurance underwriter with construction expertise, confidence, and a deal-oriented mindset, this is an excellent opportunity for you....

Senior Underwriter

  • Rolling Meadows, IL (23 miles from Woodridge, IL)
  • 15 days ago
  • Rolling Meadows, IL (23 miles from Woodridge, IL)
  • 15 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....

Underwriter II, Professional Cyber - Tech

  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago
  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago

underwriting unit goals....

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

  • Lisle, IL (4 miles from Woodridge, IL)
  • 1 hour ago
  • Lisle, IL (4 miles from Woodridge, IL)
  • 1 hour 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...

Underwriting Assistant I

  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago
  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago

This role is within Everest's Operations Department and could provide underwriting support for the following lines of business: Lines of Business Include: Commercial Auto, General Liability, Workers...

Credit Risk Strategist, Underwriter

  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago
  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago

As a credit strategist on the Commercial Business Risk team, you will underwrite and manage a portfolio of our largest and fastest growing businesses in order to facilitate Stripe's growth objectives...

Underwriter, Assistant Vice President, Senior Care

  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago
  • Chicago, IL (22 miles from Woodridge, IL)
  • 1 hour ago

Experience underwriting Professional Liability for Senior Care / Aging Services risks. Prior knowledge of complex underwriting, claims, and actuarial concepts....

Senior Data Analyst/Underwriter - Employee Health & Benefits

  • Schaumburg, IL (20 miles from Woodridge, IL)
  • 13 hours ago
  • Schaumburg, IL (20 miles from Woodridge, IL)
  • 13 hours 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...

Demographic Data for Woodridge, IL

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

Local
National
33,276
899
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.
Udemy
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...
Alison
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...
Udemy
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...
Register to search for more online courses. >>>

Title Synonyms

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Salary for Underwriting Jobs in Woodridge, 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 Woodridge, 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 Woodridge, 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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