Underwriting Jobs in Gaithersburg, MD

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 45 Jobs
Liberty Mutual Insurance

Executive Underwriter, Middle Markets

Qualifications Degree in Business or equivalent typically required A minimum of 2.5 years, typically 5 or more years, of progressive underwriting experience and/or other related experience CPCU or professional...

Liberty Mutual Insurance

Executive Underwriter, Middle Market Technology

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...

Liberty Mutual Insurance

Senior Underwriter, Excess Casualty

; loss control/risk engineering; marketing techniques, regulatory environment and reinsurance; advanced-level knowledge of territory management....

Liberty Mutual Insurance

Senior Underwriter, Fine Art & Specie

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

Senior Underwriter, Loss Sensitive - Large Construction

typically required A minimum of 2.5 years, typically 3 or more years, of progressive underwriting experience and/or other related experience CPCU or professional insurance designation preferred Proven...

Group Underwriter, Senior

  • Ashburn, VA (17 miles from Gaithersburg, MD)
  • 8 hours ago
  • Ashburn, VA (17 miles from Gaithersburg, MD)
  • 8 hours ago

Preferred Skills, Capabilities and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred Level Funded medical underwriting experience strongly preferred....

Agency Underwriting Analyst

  • McLean, VA (14 miles from Gaithersburg, MD)
  • 8 hours ago
  • McLean, VA (14 miles from Gaithersburg, MD)
  • 8 hours ago

About this role: Wells Fargo is seeking a Commercial Real Estate Underwriting Associate who, in coordination with our screening and closing teams and under the supervision of a senior underwriter, will...

Lead Commercial Real Estate Underwriter

  • Bethesda, MD (11 miles from Gaithersburg, MD)
  • 1 day ago
  • Bethesda, MD (11 miles from Gaithersburg, MD)
  • 1 day ago

diligence package and works closely with the client to obtain underwriting documentation ensuring it meets Bank and GSE requirements Coordination of the various Bank and GSE required compliance checks...

Associate, Specialty Underwriter & Portfolio Manager

  • McLean, VA (14 miles from Gaithersburg, MD)
  • 3 days ago
  • McLean, VA (14 miles from Gaithersburg, MD)
  • 3 days ago

Associate, Specialty Underwriter & Portfolio Manager The Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage...

Entry Level Underwriter

  • Columbia, MD (16 miles from Gaithersburg, MD)
  • 4 days ago
  • Columbia, MD (16 miles from Gaithersburg, MD)
  • 4 days ago

This job performs and applies insurance coverage, rules and guidelines to execute the underwriting decision-making process according to Company underwriting philosophy....

LEAN/MAP Loan Underwriter

  • McLean, VA (14 miles from Gaithersburg, MD)
  • 5 days ago
  • McLean, VA (14 miles from Gaithersburg, MD)
  • 5 days ago

Job Description The Loan Underwriting Analyst position will perform underwriting due diligence reviews of loans for residential care facilities, assisted living facilities, and skilled-nursing facilities...

Underwriting Consultant - E07

  • Frederick, MD (23 miles from Gaithersburg, MD)
  • 6 days ago
  • Frederick, MD (23 miles from Gaithersburg, MD)
  • 6 days ago

Qualifications Education BS/BA degree or applicable experience with Industry coursework (LOMA, CLU, and/or ALU) Experience/Knowledge 8-15 years of underwriting experience including large case underwriting...

GSE Underwriting Analyst

  • Bethesda, MD (11 miles from Gaithersburg, MD)
  • 7 days ago
  • Bethesda, MD (11 miles from Gaithersburg, MD)
  • 7 days ago

Department: GSE Underwriting We are Walker & Dunlop....

GSE Underwriting Coordinator

  • Bethesda, MD (11 miles from Gaithersburg, MD)
  • 7 days ago
  • Bethesda, MD (11 miles from Gaithersburg, MD)
  • 7 days ago

Department: GSE Underwriting We are Walker & Dunlop....

Sr Consultant, Credit & Political Risk - E&S/Specialty (Sr. Underwriter, Trade Credit)

  • Washington, DC (18 miles from Gaithersburg, MD)
  • 8 days ago
  • Washington, DC (18 miles from Gaithersburg, MD)
  • 8 days ago

Uses underwriting and research tools, and all other appropriate resources, yto determine acceptability of risk and uses sound underwriting judgment when using company underwriting guidelines and standards...

Demographic Data for Gaithersburg, MD

Moving to Gaithersburg, MD? Find some basic demographic data about Gaithersburg, MD below.


Local
National
143,758
4,551
Medium/Lg

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...
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...

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Salary for Underwriting Jobs in Gaithersburg, MD

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 Gaithersburg, MD offer the following education background
Bachelor's Degree
49.6%
Master's Degree
14.5%
Associate's Degree
11.2%
High School or GED
10.0%
Vocational Degree or Certification
9.9%
Some College
2.4%
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 Gaithersburg, MD
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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