Underwriting Jobs in Illinois
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
- Aurora, IL
- 7 hours ago
- Liberty Mutual Insurance
- Aurora, IL
- 7 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 Work
Executive Underwriter, Middle Markets Construction
- Liberty Mutual Insurance
- Chicago, IL
- 2 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 2 days ago
Qualifications Intermediate-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control...
TO BECOME A WORK-AT-HOME VINTAGE EXPERT, WE REQUIRE 25 years of full-time work experience 10 most recent years of Commercial Lines Property & Casualty insurance experience BENEFITS OF BECOMING A WAHVE...
Remote Work
Executive Underwriter, Middle Market Technology
- Liberty Mutual Insurance
- Chicago, IL
- 5 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 5 days ago
CPCU or professional insurance designation preferred Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility Demonstrated ability to communicate complex analyses...
Executive Underwriter, Liberty Mutual Mobility Solutions
- Liberty Mutual Insurance
- Chicago, IL
- 6 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 6 days ago
Description Liberty Mutual Mobility Solutions (LMMS) is a highly collaborative team that draws on the firm's vast commercial and personal lines capabilities to bring a full range of tailored solutions...
Sr Underwriting Officer, Liberty Mutual Mobility Solutions
- Liberty Mutual Insurance
- Chicago, IL
- 11 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 11 days ago
Responsibilities: Provides expert technical underwriting assistance and formal referral approval for multiple lines of business (auto, general liability, workers compensation) in Mobility Solutions....
Chief Underwriter, North America Middle Market
- Liberty Mutual Insurance
- Chicago, IL
- 12 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 12 days ago
Product, pricing & underwriting expertise in Commercial & Specialty Lines. Manages underwriting results to achieve corporate profitability....
Senior Surety Underwriter - Core Contract (Chicago)
- Liberty Mutual Insurance
- Hoffman Estates, IL
- 12 days ago
- Liberty Mutual Insurance
- Hoffman Estates, IL
- 12 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
Executive Underwriter, Ironshore Environmental Wholesale Distribution
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
They contribute to maintaining a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/brokers relationships, and application of underwriting...
Senior Underwriter, Fine Art & Specie
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
Minimum 5+ years underwriting experience in Fine Arts and/or High Net Worth Inland Marine Requires knowledge of underwriting concepts, practices, and procedures....
- Liberty Mutual Insurance
- Warrenville, IL
- 14 days ago
- Liberty Mutual Insurance
- Warrenville, IL
- 14 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
Executive Underwriter, Loss Sensitive - Large Construction
- Liberty Mutual Insurance
- Chicago, IL
- 14 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 14 days ago
Expert-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering...
Two (2) to three (3) years' of underwriting background or servicing/loss mitigation experience Strong working knowledge of Microsoft Suite (Word, Excel, Outlook, etc.)....
Underwrite loans by analyzing credit reports, tax returns, pay statements and W2 forms....
Remote Workand casualty insurance industry....
Demographic Data for Illinois
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Underwriting Online Courses and Training Opportunities
Title Synonyms
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Salary for Underwriting Jobs in Illinois
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Illinois 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
- Balance Sheets
- 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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