Underwriting Jobs in Newport, RI
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.
Middle Market Underwriter - New England Region (Remote)
- WAHVE
- Providence, RI (24 miles from Newport, RI)
- 7 days ago
- WAHVE
- Providence, RI (24 miles from Newport, RI)
- 7 days ago
TO BECOME A WORK-AT-HOME VINTAGE EXPERT, WE REQUIRE 25 years of full-time work experience 10 most recent years of Commercial Lines Property & Casualty insurance experience BENEFITS OF BECOMING A WAHVE...
Remote- Rhode Island Housing
- Providence, RI (23 miles from Newport, RI)
- 11 hours ago
- Providence, RI (23 miles from Newport, RI)
- 11 hours ago
Expand access to specialized programs by underwriting ancillary loan products such as Clean Water and other missiondriven initiatives....
HybridSr Credit Underwriter/Underwriter II-Global Leasing/Equipment Finance
- Bank of America Corporation
- Providence, RI (23 miles from Newport, RI)
- 13 days ago
- Providence, RI (23 miles from Newport, RI)
- 13 days ago
MBA or CFA preferred Skills: Attention to Detail Credit and Risk Assessment Financial Analysis Underwriting Written Communications Analytical Thinking Credit Documentation Requirements Financial Forecasting...
In Person- United Auto Credit Corporation
- North Kingstown, RI (10 miles from Newport, RI)
- 21 days ago
- North Kingstown, RI (10 miles from Newport, RI)
- 21 days ago
Join our team as a Junior Underwriter and play a key role in turning approvals into contracts. You'll call dealerships on applications that have been approved or conditionally approved through our...
In Person- EMC Insurance
- Providence, RI (23 miles from Newport, RI)
- 30+ days ago
- Providence, RI (23 miles from Newport, RI)
- 30+ days ago
Negotiates terms and pricing on Large Account underwriting. Explains underwriting decisions and outcomes to impacted parties....
In Person- Hub International
- Warwick, RI (16 miles from Newport, RI)
- 90+ days ago
- Warwick, RI (16 miles from Newport, RI)
- 90+ days ago
Functions and Responsibilities: Underwrite new and renewal business within assigned program(s), ensuring compliance with underwriting guidelines and profitability targets....
HybridDemographic Data for Newport, RI
Moving to Newport, RI? Find some basic demographic data about Newport, RI below.
Underwriting Online Courses and Training Opportunities
Title Synonyms
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Salary for Underwriting Jobs in Newport, RI
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Newport, RI offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Analysis
- Federal Housing Administration
- Credit Underwriting
- Lending
- FHLMC
- Federal National Morgage Association
- Loan Documentation
- Conventional Loans
- Jumbo Loans
- General Liability
- Property and Casualty Insurance
- Insurance Underwriting
- Commercial Insurance
- Property Insurance
- Premium Audit
- Professional Liability
- Umbrella Insurance
- Agency Management
- Loss Control
- Mortgage Underwriting
- Underwriting
- Cross Selling
- Claims
- Financial Statements
- Appraisal
- Mortgage Processing
- Financial Modeling
- Workers' Compensation
- File Management
- Financial Analysis
- Referrals
- Reimbursement
- Analytical Skills
- Risk Management
- Relationship Management
- Finance
- Decision Making
- Negotiation
- Retail
- Accounting
- Military Background
- Auditing
- Written Communication
- Presentation
- Mentoring
- Documentation
- Coaching
- Employee Development
- Reporting
- Policy Development
- Critical Thinking
- Filing
- Collaboration
- Flexibility
- Bachelor's Degree
- Sales
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Staff Supervision
- Scheduling
- Customer Service
- Time Management
- Leadership
- Communication Skills
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