Underwriting Jobs in New Jersey

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.

1-15 of 81 Jobs

National Commercial Underwriting Manager I - Small Business Portfolio Management

  • TD Bank
  • Mount Laurel, NJ
  • 16 hours ago
  • Mount Laurel, NJ
  • 16 hours ago

Line of Business: Personal & Commercial Banking Job Description: The National Commercial Underwriting Manager I manages the credit underwriting and credit administration functions for assigned portfolio...

In Person

Middle Market Underwriting Manager

  • Provident Bank
  • Woodbridge, NJ
  • 1 day ago
  • Woodbridge, NJ
  • 1 day ago

-Acts as a mentor to the underwriting team and participate in special projects as assigned -May be required to assist or underwrite complex credits from time to time as needed....

In Person

Underwriter Assistant, E&S/Specialty (E-Risk Services - Rockaway, New Jersey)

  • Nationwide
  • Rockaway, NJ
  • 1 day ago
  • Rockaway, NJ
  • 1 day ago

Knowledge of underwriting and pricing risks. Knowledge of company underwriting standards and philosophy....

Hybrid

Underwriter - Merchant Cash Advance (MCA) - (Onsite NYC)

  • Edison, NJ
  • 1 day ago
  • Edison, NJ
  • 1 day ago

What You Will Be Doing Tech Breakdown 70% Underwriting & Risk Analysis Software 30% CRM, Excel, and Data Modeling Tools Daily Responsibilities 60% Hands-On Underwriting & Deal Structuring 20% Fraud...

In Person

Commercial Credit Underwriter I (US)-1

  • TD Bank
  • Mount Laurel, NJ
  • 2 days ago
  • Mount Laurel, NJ
  • 2 days ago

Line of Business: Personal & Commercial Banking Job Description: The Commercial Credit Underwriter I analyzes, underwrites and may act as the final decision authority on commercial loan applications...

In Person

eRisk/Cyber Small Business Underwriter

  • Crum & Forster Holdings Corp.
  • Morristown, NJ
  • 2 days ago
  • Morristown, NJ
  • 2 days ago

Responsibilities: - Achieve underwriting production, profitability, and other financial targets for assigned brokers. - Review insurance applications and related underwriting information to evaluate...

Remote

Merchant Cash Advance (MCA) Underwriter / Processor (Onsite NYC)

  • Edison, NJ
  • 2 days ago
  • Edison, NJ
  • 2 days ago

What You Will Be Doing Tech Breakdown 70% Underwriting & Risk Analysis Software 30% CRM, Excel, and Data Modeling Tools Daily Responsibilities 60% Hands-On Underwriting & Deal Structuring 20% Fraud...

In Person

Senior Commercial Renewal Underwriter

  • Chubb
  • Lebanon, NJ
  • 2 days ago
  • Lebanon, NJ
  • 2 days ago

Qualifications Minimum 3-5 years of commercial P&C underwriting experience In-depth knowledge of commercial insurance products, including but not limited to auto, property, general liability, workers...

In Person

Stop Loss Group Underwriter Consultant, Senior

  • Elevance Health
  • Woodbridge, NJ
  • 3 days ago
  • Woodbridge, NJ
  • 3 days ago

Job Order Number: DF0786926 Job Title: Stop Loss Group Underwriter Consultant, Senior Company: Elevance Health Location: Woodbridge, NJ Salary: Education: Information Not Provided Experience:...

In Person

Underwriting Manager

  • CNA Financial Corp.
  • Warren, NJ
  • 4 days ago
  • Warren, NJ
  • 4 days ago

JOB DESCRIPTION: This Underwriting Manager position is part of the Underwriting Hub-a growing team designed to provide expanded underwriting capabilities for the organization....

Hybrid

Sr Underwriter

  • Munich Re
  • Princeton, NJ
  • 5 days ago
  • Princeton, NJ
  • 5 days ago

Support and implement underwriting guidelines, underwriting training, underwriting audits, and due diligence, including follow-up actions....

In Person

Underwriting Technician, Primary Retail Casualty

  • Sompo International
  • Morristown, NJ
  • 5 days ago
  • Morristown, NJ
  • 5 days ago

This role is responsible for providing technical support to the Underwriter by assisting in evaluating the risk and the development and growth of the portfolio for Auto, General Liability and Workers...

In Person

Technical Underwriting Assistant (Reinsurance)

  • Everest Re Group
  • Warren, NJ
  • 5 days ago
  • Warren, NJ
  • 5 days ago

Technical Underwriting Assistant (Reinsurance) Company: Everest Reinsurance Company Job Category: Underwriting Operations Job Description: About Everest: Everest is a global leader in risk management...

Hybrid

Senior Underwriter, C&F Stop Loss

  • Crum & Forster Holdings Corp.
  • Morristown, NJ
  • 6 days ago
  • Morristown, NJ
  • 6 days ago

What you will do: Demonstrate understanding and proper use of underwriting tools Apply underwriting rules, risk management principles and regulations to ensure compliance with all currently applicable...

Remote

eRisk/Cyber Underwriter

  • Crum & Forster
  • Morristown, NJ
  • 6 days ago
  • Morristown, NJ
  • 6 days ago

Responsibilities : Achieve underwriting production, profitability, and other financial targets for assigned brokers....

Remote

Demographic Data for New Jersey

Moving to New Jersey? Find some basic demographic data about New Jersey below.


Local
National
9,288,994
232,891

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...

Title Synonyms

Users interested in this job title also searched for the following job titles


Salary for Underwriting Jobs in New Jersey

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 New Jersey 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 New Jersey
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

Here are some other career titles that require similar skills