Underwriting Jobs in Worcester, MA

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.

1-6 of 6 Jobs

C/L Field Underwriter Senior

  • MAPFRE
  • Webster, MA (14 miles from Worcester, MA)
  • 18 days ago
  • Webster, MA (14 miles from Worcester, MA)
  • 18 days ago

What You'll Do Drive profitable growth across your assigned territory by achieving underwriting and production goals across all Commercial Lines business Evaluate and underwrite new business submissions...

In Person

C/L Underwriting Assistant

  • MAPFRE
  • Webster, MA (14 miles from Worcester, MA)
  • 23 days ago
  • Webster, MA (14 miles from Worcester, MA)
  • 23 days ago

Knowledge of all automated and manual underwriting and rating systems for all assigned lines....

In Person

Commercial Lines Auto Underwriter Sr (Hybrid - Webster or Boston)

  • MAPFRE Insurance
  • Webster, MA (14 miles from Worcester, MA)
  • 24 days ago
  • Webster, MA (14 miles from Worcester, MA)
  • 24 days ago

Conduct underwriting analysis in alignment with established authority levels, guidelines, procedures, and underwriting philosophies....

Hybrid

Underwriting Assistant I

  • Cape Cod Five Cents Savings
  • Leominster, MA (18 miles from Worcester, MA)
  • 27 days ago
  • Leominster, MA (18 miles from Worcester, MA)
  • 27 days ago

Salary Grade: 12 SUMMARY: The Underwriting Assistant I performs a variety of loan processing duties to ensure loans are compliant and meet the standards and documentation required for delivery into...

In Person

Technology Underwriting Specialist

  • Hanover Insurance Group, Inc.
  • Worcester, MA
  • 30+ days ago
  • Worcester, MA
  • 30+ days ago

Our Technology department is seeking an Underwriting Specialist to join the team.This is a Full-time, Exempt role.POSITION OVERVIEW:Responsible for identifying, soliciting, underwriting and selling...

In Person

Commercial Surety - Underwriting Performance Director Surety (Remote/Hybrid)

  • Hanover Insurance Group, Inc.
  • Worcester, MA
  • 30+ days ago
  • Worcester, MA
  • 30+ days ago

Consistent delivery of underwriting excellence and adherence to underwriting standardsStrong portfolio performance aligned with profitability and growth objectivesEffective execution of underwriting...

Hybrid

Demographic Data for Worcester, MA

Moving to Worcester, MA? Find some basic demographic data about Worcester, MA below.


Local
National
206,930
4,089
Large

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...

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Salary for Underwriting Jobs in Worcester, MA

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 Worcester, MA 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 Worcester, MA
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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