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.

1-15 of 273 Jobs

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

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

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

Beyond underwriting production responsibilities supported by higher level underwriting authority, the MBTC Underwriting Officer utilizes skills and experience to support and mentor team members and...

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...

Product, pricing & underwriting expertise in Commercial & Specialty Lines. Manages underwriting results to achieve corporate profitability....

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

Private Equity Underwriter, Middle Markets (Senior or AVP)

  • Chicago, IL
  • 30+ days ago
  • Chicago, IL
  • 30+ days 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....

Small CL Senior Field Underwriter

  • Itasca, IL
  • moments ago
  • Itasca, IL
  • moments ago

skill and coverage knowledge; ability to make underwriting decisions on POS and CPP accounts up to $50,000 premium size....

Multinational Executive Underwriter

  • Chicago, IL
  • 1 hour ago
  • Chicago, IL
  • 1 hour ago

More specifically, partnered with our home office and regional underwriting teams, this role will underwrite Controlled Master Programs (CMPs), manage the placement of compliant locally admitted policies...

Senior Analyst, Underwriter

  • Chicago, IL
  • 2 hours ago
  • Chicago, IL
  • 2 hours ago

rate/fee, accounting balance development and communicating underwriting policy....

Excess Casualty Underwriter II

  • Schaumburg, IL
  • 2 hours ago
  • Schaumburg, IL
  • 2 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....

Mortgage Underwriter III

  • Peoria, IL
  • 2 hours ago
  • Peoria, IL
  • 2 hours ago

ESSENTIAL DUTIES AND RESPONSIBILITIES: Utilize all systems in place, including automated underwriting to underwrite files in a timely manner Underwrite conventional, portfolio loans, and FHA/VA loans...

AVP, Excess Casualty Underwriter

  • Chicago, IL
  • 6 hours ago
  • Chicago, IL
  • 6 hours ago

In depth experience of working in an underwriting environment within a specialised/complex underwriting area....

Underwriting Manager

  • Moline, IL
  • 6 hours ago
  • Moline, IL
  • 6 hours ago

Summary of Position: The Underwriting Manager will oversee the underwriting and decisioning of loan requests from our Retail, Loan Center, and Mortgage channels....

Demographic Data for Illinois

Moving to Illinois? Find some basic demographic data about Illinois below.


Local
National
12,812,477
319,486

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.
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
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...

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Salary for Underwriting Jobs in Illinois

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 Illinois offer the following education background
Bachelor's Degree
49.6%
Master's Degree
14.6%
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 Illinois
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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