Underwriting Jobs in Watertown, 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.
- Minnetonka, MN (19 miles from Watertown, MN)
- 2 days ago
- Minnetonka, MN (19 miles from Watertown, MN)
- 2 days ago
This role applies underwriting guidelines and sound business judgment to develop strategic pricing recommendations that support Medica's financial performance and client retention goals....
- Saint Louis Park, MN (24 miles from Watertown, MN)
- 2 days ago
- Saint Louis Park, MN (24 miles from Watertown, MN)
- 2 days ago
Key Accountabilities Underwrite Loans Underwrite new credit requests, renewals, and modifications focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality...
Business Banking Scored Underwriter II
- Minnetonka, MN (19 miles from Watertown, MN)
- 4 days ago
- Minnetonka, MN (19 miles from Watertown, MN)
- 4 days ago
Duties and Responsibilities: Independently underwrites and approves Business Banking loans up to $1,000,000....
Remote Work- Maple Grove, MN (20 miles from Watertown, MN)
- 9 days ago
- Maple Grove, MN (20 miles from Watertown, MN)
- 9 days ago
About the role: Review underwriting information, develop rates and terms for Employer Stop Loss accounts based upon underwriting rules, guidelines, pricing methodologies and account specific date Interact...
Business Banking Underwriter III - Practice Finance
- Minnetonka, MN (19 miles from Watertown, MN)
- 15 days ago
- Minnetonka, MN (19 miles from Watertown, MN)
- 15 days ago
field Proven track record to support high levels of loan volume Ability to underwrite credit exposures in excess of $2.5MM Previous authority to underwrite and decision credits without additional signers...
Remote WorkUnderwriting Consultant - Remote
- Eden Prairie, MN (21 miles from Watertown, MN)
- 21 days ago
- Eden Prairie, MN (21 miles from Watertown, MN)
- 21 days ago
The Underwriting Consultant will analyze health benefit plan characteristics and assess risks as to frequency and potential severity of losses of clients....
Remote Work- St Louis Park, MN (24 miles from Watertown, MN)
- 28 days ago
- St Louis Park, MN (24 miles from Watertown, MN)
- 28 days ago
Minimum of 3 years commercial underwriting experience. Agricultural underwriting experience is a plus....
- Minnetonka, MN (19 miles from Watertown, MN)
- 30+ days ago
- Minnetonka, MN (19 miles from Watertown, MN)
- 30+ days ago
Duties & Responsibilities: Responsible for underwriting Business Banking SBA loans to determine credit worthiness and compliance with Bank and SBA lending policies....
Remote WorkSBA/USDA Business Banking Underwriter IV
- Minnetonka, MN (19 miles from Watertown, MN)
- 30+ days ago
- Minnetonka, MN (19 miles from Watertown, MN)
- 30+ days ago
Previous authority to underwrite and decision credits without additional signers....
Remote WorkCommercial Underwriter II/III C&I
- St Louis Park, MN (24 miles from Watertown, MN)
- 30+ days ago
- St Louis Park, MN (24 miles from Watertown, MN)
- 30+ days ago
Key Accountabilities Underwrite Loans Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting...
Senior Credit Underwriter - Distribution Finance
- Minnetonka, MN (19 miles from Watertown, MN)
- 30+ days ago
- Minnetonka, MN (19 miles from Watertown, MN)
- 30+ days ago
Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans....
Remote WorkFinancial Institutions Underwriter, Middle Markets (Mid-Senior - Senior)
- Minetonka Mls, MN (21 miles from Watertown, MN)
- 45+ days ago
- Minetonka Mls, MN (21 miles from Watertown, MN)
- 45+ 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....
- Maple Grove, MN (20 miles from Watertown, MN)
- 45+ days ago
- Maple Grove, MN (20 miles from Watertown, MN)
- 45+ 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...
Business Banking Underwriter II
- Minnetonka, MN (19 miles from Watertown, MN)
- 45+ days ago
- Minnetonka, MN (19 miles from Watertown, MN)
- 45+ days ago
Description Summary: The Business Banking Underwriter II is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy....
Remote Work- Plymouth, MN (20 miles from Watertown, MN)
- 60+ days ago
- Plymouth, MN (20 miles from Watertown, MN)
- 60+ days ago
Assists with training of Underwriting Assistant and part-time personnel, as necessary. Assists with other duties as necessary....
Demographic Data for Watertown, MN
Moving to Watertown, MN? Find some basic demographic data about Watertown, MN below.
Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Watertown, MN
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Watertown, 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
- 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
- Mortgage Underwriting
- Cross Selling
- Agency Management
- Employee Benefits
- Underwriting
- Balance Sheets
- Claims
- Financial Statements
- Mortgage Processing
- Workers' Compensation
- Building Relationships
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Referrals
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Accounting
- Retail
- Auditing
- High School Diploma
- Negotiation
- Written Communication
- Verbal Communication
- Presentation
- Mentoring
- Flexibility
- Collaboration
- Reporting
- Documentation
- Coaching
- Filing
- Bachelor's Degree
- Policy Development
- Microsoft Office
- Problem Solving
- Sales
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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