Underwriting Jobs in Salem, NJ

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.

1-9 of 9 Jobs

E&S Business Development Underwriter

  • Wilmington, DE (13 miles from Salem, NJ)
  • 4 hours ago
  • Wilmington, DE (13 miles from Salem, NJ)
  • 4 hours ago

The lines of coverage we underwrite include general liability, property, and excess liability....

Mortg QC Underwriter

  • Wilmington, DE (13 miles from Salem, NJ)
  • 5 hours ago
  • Wilmington, DE (13 miles from Salem, NJ)
  • 5 hours ago

MORTG QC UNDERWRITER WHAT IS THE OPPORTUNITY? This colleague will have general responsibility for monitoring, testing and reporting of day-to-day lending activities and assisting in compliance and...

Group Underwriter II

  • Wilmington, DE (13 miles from Salem, NJ)
  • 13 days ago
  • Wilmington, DE (13 miles from Salem, NJ)
  • 13 days ago

Preferred Skills, Capabilities and Experiences: CPCU, CLU, LOMA, HIAA or other insurance related courses preferred....

Mortgage Loan Underwriter II

  • Newark, DE (15 miles from Salem, NJ)
  • 14 days ago
  • Newark, DE (15 miles from Salem, NJ)
  • 14 days ago

. * Minimum 5 years of experience in jumbo underwriting to investor or organization's guidelines required. * Minimum 5 years of experience with state and federal lending regulations (i.e., Ability to...

Mortgage Loan Underwriter Senior

  • Wilmington, DE (13 miles from Salem, NJ)
  • 14 days ago
  • Wilmington, DE (13 miles from Salem, NJ)
  • 14 days ago

. * Minimum 7 years of experience in jumbo and super jumbo underwriting to investor or organizations guidelines required * Minimum 7 years of experience with state and federal lending regulations (i.e...

Group Underwriting Consultant

  • Wilmington, DE (13 miles from Salem, NJ)
  • 19 days ago
  • Wilmington, DE (13 miles from Salem, NJ)
  • 19 days ago

Preferred Skills, Capabilities and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred....

Business Loan Center Underwriter

  • Greenville, DE (20 miles from Salem, NJ)
  • 20 days ago
  • Greenville, DE (20 miles from Salem, NJ)
  • 20 days ago

the BLC underwriting and decisioning process....

Corporate Insurance Analyst

  • Wilmington, DE (13 miles from Salem, NJ)
  • 24 days ago
  • Wilmington, DE (13 miles from Salem, NJ)
  • 24 days ago

Substantial knowledge of Property and Casualty insurance and policy terms. Knowledge of Executive, Crime and Cyber lines a plus but not required....

Group Underwriter, Senior

  • Wilmington, DE (13 miles from Salem, NJ)
  • 28 days ago
  • Wilmington, DE (13 miles from Salem, NJ)
  • 28 days ago

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

Demographic Data for Salem, NJ

Moving to Salem, NJ? Find some basic demographic data about Salem, NJ below.


Local
National
10,793
154
Medium/Sm

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...
Insurance: Underwriting Risks Regulatory Practices
Introduction: Insurance underwriting plays a crucial role in assessing risk, determining premiums, and ensuring the financial stability of insurance providers. This course offers an in-depth...
Pre-underwrite a Mortgage with DU & LP
Have you ever wanted to start learning underwriting skills that will open future job opportunities? This course goes over one of the most important steps in the underwriting process which is...

Title Synonyms

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Salary for Underwriting Jobs in Salem, NJ

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 Salem, NJ offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.9%
Vocational Degree or Certification
9.8%
Some College
2.3%
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 Salem, NJ
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


Other Career Titles

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