Underwriting Jobs in Somerset, 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.
Underwriting Assistant - Specialty Package - Hybrid - NYC, Uniondale, NY or Morristown
- Morristown, NJ (19 miles from Somerset, NJ)
- 4 hours ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 4 hours ago
The Underwriting Assistant supports various underwriting processes, including communication with our producers and other departments within the company to meet service needs....
Underwriting Assistant - GL and Excess - Remote
- Morristown, NJ (19 miles from Somerset, NJ)
- 4 hours ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 4 hours ago
Job Description The S&S Operations Underwriting Assistant will support the business strategies and activities of the underwriting departments at the Managers directive....
Remote WorkSenior Securities Based Lending Wealth Underwriter
- Summit, NJ (17 miles from Somerset, NJ)
- 8 hours ago
- Summit, NJ (17 miles from Somerset, NJ)
- 8 hours ago
**In this role, you will:** + Lead or participate in moderately complex initiatives and deliverables and contribute to large-scale planning related to Wealth Underwriting + Review, analyze, and evaluate...
- Matawan, NJ (15 miles from Somerset, NJ)
- 17 hours ago
- Matawan, NJ (15 miles from Somerset, NJ)
- 17 hours ago
Coordinate risk assessment with Underwriting team. Underwrite and price exposures in accordance with filed and approved program rate levels and guidelines....
Lead Securities Based Lending Wealth Underwriter
- Springfield, NJ (17 miles from Somerset, NJ)
- 1 day ago
- Springfield, NJ (17 miles from Somerset, NJ)
- 1 day ago
In this role, you will: Lead complex initiatives including those that are cross-functional with broad impact and act as a key participant in large-scale planning for Wealth Underwriting Review, analyze...
- Morristown, NJ (19 miles from Somerset, NJ)
- 1 day ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 1 day ago
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Br idge Specialty Group is seeking an Assistant Broker...
- Morristown, NJ (19 miles from Somerset, NJ)
- 1 day ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 1 day ago
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Br idge Specialty Group is seeking an Assistant Broker...
Underwriting Assistant, Environmental
- Iselin, NJ (12 miles from Somerset, NJ)
- 2 days ago
- Iselin, NJ (12 miles from Somerset, NJ)
- 2 days ago
The Underwriting Assistant will be responsible for supporting the underwriting team and operations with all steps of the underwriting process....
Senior Underwriter - Accident and Health (Hybrid)
- Morristown, NJ (19 miles from Somerset, NJ)
- 3 days ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 3 days ago
Makes underwriting decisions to accept, decline, or modify risks within assigned underwriting authority level in partnership with underwriting team....
- Hamilton Square, NJ (19 miles from Somerset, NJ)
- 4 days ago
- Hamilton Square, NJ (19 miles from Somerset, NJ)
- 4 days ago
forms of communication Accurately document underwriting thought process and authority reviews through company journal and filing system Collaborate with underwriting management to review more complex...
VP, Senior Underwriting Officer
- Trenton, NJ (22 miles from Somerset, NJ)
- 4 days ago
- Trenton, NJ (22 miles from Somerset, NJ)
- 4 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....
Senior Specialist Underwriting Operations, Healthcare Liability
- Newark, NJ (24 miles from Somerset, NJ)
- 6 days ago
- Newark, NJ (24 miles from Somerset, NJ)
- 6 days ago
Maintain streamlined underwriting processes by processing new business, renewals, and cancellations accurately. Leverage underwriting data to accurately reflect in pricing models....
Underwriter II - Seneca Specialty Package
- Morristown, NJ (19 miles from Somerset, NJ)
- 7 days ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 7 days ago
Knowledge of commercial insurance products. What C&F will bring to you At C&F you will BELONG We value inclusivity and diversity....
- Trenton, NJ (22 miles from Somerset, NJ)
- 8 days ago
- Trenton, NJ (22 miles from Somerset, NJ)
- 8 days ago
Due to growth, CVS is looking to add Manager of Underwriting, Pharmacy....
Lead Underwriter, HNW Tailored Lending
- Florham Park, NJ (20 miles from Somerset, NJ)
- 9 days ago
- Florham Park, NJ (20 miles from Somerset, NJ)
- 9 days ago
This role will be responsible for underwriting Tailored Loans to RBC UHNW clients in the US including Commercial Real Estate, Residential Real Estate, Securities Based Loans, Yacht, Aircraft, other...
Demographic Data for Somerset, NJ
Moving to Somerset, NJ? Find some basic demographic data about Somerset, NJ below.
Underwriting Online Courses and Training Opportunities
Title Synonyms
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Salary for Underwriting Jobs in Somerset, NJ
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Somerset, NJ 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
- Cash Flow Analysis
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- 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
- Agency Management
- Underwriting
- Balance Sheets
- Claims
- Financial Statements
- Mortgage Processing
- Workers' Compensation
- Appraisal
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Accounting
- Retail
- Auditing
- High School Diploma
- Negotiation
- Written Communication
- Policy Administration
- Presentation
- Mentoring
- Flexibility
- Collaboration
- Reporting
- Documentation
- Coaching
- Bachelor's Degree
- Filing
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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