Underwriting Jobs in Augusta, ME

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.

1-7 of 7 Jobs

Commercial Underwriter - Renewable Energy

  • Travelers Insurance Company
  • Augusta, ME
  • 16 days ago
  • Augusta, ME
  • 16 days ago

+ Two years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience. What Is in It for You?...

In Person

Sr Underwriter Consultant - GRP Employee Benefits

  • The Hartford
  • Augusta, ME
  • 18 days ago
  • Augusta, ME
  • 18 days ago

Your underwriting career here means collaboration, inclusivity, innovative thinking and so much more. Here, doing things the way theyve always been done isnt a part of the job....

In Person

Underwriting Consultant

  • Guardian Life
  • Augusta, ME
  • 18 days ago
  • Augusta, ME
  • 18 days ago

As an Underwriting Consultant, you will serve as a senior technical expert within the Life Underwriting practice for Financial Protection and Retirement Solutions....

In Person

Senior Disability Underwriter

  • Guardian Life
  • Augusta, ME
  • 21 days ago
  • Augusta, ME
  • 21 days ago

Explain 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 Person

Senior Medical Underwriter

  • Highmark Health
  • Augusta, ME
  • 27 days ago
  • Augusta, ME
  • 27 days ago

Fulfills Highmarks mission to provide and maintain affordable products, by performing ongoing review of the medical underwriting guidelines and departmental procedures....

In Person

Executive Underwriter or AVP, Underwriting Director - Group Captives

  • Zurich NA
  • Augusta, ME
  • 30+ days ago
  • Augusta, ME
  • 30+ days ago

at Zurich NA in Augusta, Maine, United States Job Description Executive Underwriter or AVP, Underwriting Director Group Captives 132487 Zurich is currently hiring an Executive Underwriter or AVP, Underwriting...

Hybrid Full Time

Associate Medical Stop Loss Underwriter

  • Highmark Health
  • Augusta, ME
  • 45+ days ago
  • Augusta, ME
  • 45+ days ago

Science or other quantitative analysis discipline Substitutions + 6 years relevant, progressive experience in the area of specialization Preferred + None EXPERIENCE Minimum + 0 2 years of experience in Insurance...

In Person

Demographic Data for Augusta, ME

Moving to Augusta, ME? Find some basic demographic data about Augusta, ME below.


Local
National
26,322
1,036
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.
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...
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...
U.K. Insurance Industry Overview 101
The UK insurance industry is structured across life and health insurance, property and casualty (P&C), protection products, pensions, and the global specialty market centered around Lloyds of...

Title Synonyms

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Salary for Underwriting Jobs in Augusta, ME

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 Augusta, ME offer the following education background
Bachelor's Degree
50.3%
Master's Degree
14.8%
Associate's Degree
11.3%
Vocational Degree or Certification
9.6%
High School or GED
9.5%
Some College
2.2%
Doctorate Degree
2.0%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Underwritings in Augusta, ME
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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