Underwriting Jobs in Elk River, MN
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.
- Brooklyn Park, MN (21 miles from Elk River, MN)
- 13 hours ago
- Brooklyn Park, MN (21 miles from Elk River, MN)
- 13 hours ago
Must have experience with Excess & Surplus lines and MGA knowledge Property and Casualty license CIC, CPCU, or other insurance designations are desirable Ability to provide consultation and expert...
- Maple Grove, MN (14 miles from Elk River, MN)
- 24 days ago
- Maple Grove, MN (14 miles from Elk River, MN)
- 24 days ago
of underwriting decisions Strong problem-solving skills and ability to negotiate while managing competing priorities Ability to work independently within a team environment Thinks curiously and seeks...
- Maple Grove, MN (14 miles from Elk River, MN)
- 24 days ago
- Maple Grove, MN (14 miles from Elk River, MN)
- 24 days ago
Review underwriting information, develop rates and terms for Managed Care accounts based upon underwriting principles, guidelines, and account specific data Interact with brokers, consultants and reinsurance...
- Plymouth, MN (23 miles from Elk River, MN)
- 45+ days ago
- Plymouth, MN (23 miles from Elk River, MN)
- 45+ days ago
Assists with training of Underwriting Assistant and part-time personnel, as necessary. Assists with other duties as necessary....
Demographic Data for Elk River, MN
Moving to Elk River, MN? Find some basic demographic data about Elk River, MN below.
Underwriting Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Underwriting Jobs in Elk River, MN
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Elk River, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Credit Underwriting
- Lending
- Commercial Lending
- Cash Flow Analysis
- Jumbo Loans
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Insurance Underwriting
- Professional Liability
- Umbrella Insurance
- Commercial Insurance
- Property Insurance
- Loss Control
- Premium Audit
- Agency Management
- Cross Selling
- Mortgage Underwriting
- Employee Benefits
- Underwriting
- Balance Sheets
- Claims
- Financial Statements
- Mortgage Processing
- Workers' Compensation
- Appraisal
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Decision Making
- Analytical Skills
- Accounting
- Retail
- High School Diploma
- Negotiation
- Auditing
- Presentation
- Written Communication
- Flexibility
- Mentoring
- Collaboration
- Coaching
- Documentation
- Bachelor's Degree
- Reporting
- Filing
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills