Underwriting Jobs in Salt Lake City, UT

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.

1-12 of 12 Jobs

Consumer Underwriter - Utah

  • Ally
  • Salt Lake City, UT
  • 22 hours ago
  • Salt Lake City, UT
  • 22 hours ago

A Consumer Underwriter - Auto Finance evaluates, negotiates, and decisions consumer offerings within Allys underwriting policies to further grow application and contract volume....

Remote

Senior Underwriter

  • Unum Group
  • Salt Lake City, UT
  • 4 days ago
  • Salt Lake City, UT
  • 4 days ago

Job Posting End Date: June 29 When you join the team at Unum, you become part of an organization committed to helping you thrive. Here, we work to provide the employee benefits and service...

In Person

Underwriting Consultant

  • Unum Group
  • Salt Lake City, UT
  • 4 days ago
  • Salt Lake City, UT
  • 4 days ago

General Summary: The Underwriting Consultant will demonstrate expert risk evaluation, selection and retention of profitable business within assigned authority limits....

In Person

Asset Based Lending Business Development & Preflight Underwriter - Salt Lake City, Dallas or Houston

  • Zions Bancorporation
  • Salt Lake City, UT
  • 19 days ago
  • Salt Lake City, UT
  • 19 days ago

Prepares loan packages for loan approval, including the submission and presentation of underwriting memo for approval....

In Person

Associate Underwriter

  • Kaufman Financial Group
  • Salt Lake City, UT
  • 22 days ago
  • Salt Lake City, UT
  • 22 days ago

Our Associate Underwriters underwrite and supervise a portion of an Underwriters book of business, support renewal and new business development, and have the opportunity to achieve full underwriting...

In Person

Asset Based Lending Underwriter/Portfolio Manager - SLC, Dallas or Houston

  • Zions Bancorporation
  • Salt Lake City, UT
  • 25 days ago
  • Salt Lake City, UT
  • 25 days ago

Prepares loan packages for loan approval, including the submission and presentation of underwriting memo for approval....

In Person

Small Business Administration - Underwriter

  • BMO Financial
  • Salt Lake City, UT
  • 30+ days ago
  • Salt Lake City, UT
  • 30+ days ago

The ideal candidate will be a collaborative team player with a thorough understanding of SBA Standard Operating Procedures (SOPs) and the ability to apply them effectively in underwriting decisions....

In Person

Garage Renewal Underwriter

  • Gallagher
  • South Jordan, UT (6 miles from Salt Lake City, UT)
  • 30+ days ago
  • South Jordan, UT (6 miles from Salt Lake City, UT)
  • 30+ days ago

Work closely with field teams to gather information and support your underwriting decisions....

In Person

Personal Lines Underwriter

  • Gallagher
  • South Jordan, UT (6 miles from Salt Lake City, UT)
  • 30+ days ago
  • South Jordan, UT (6 miles from Salt Lake City, UT)
  • 30+ days ago

Overview Join our team as a Personal Lines Underwriter, where you'll play a key role in evaluating and managing insurance applications....

In Person

Underwriter, Private Client

  • Kaufman Financial Group
  • Salt Lake City, UT
  • 45+ days ago
  • Salt Lake City, UT
  • 45+ days ago

growth, and loss ratio Lead, train, and develop Assistant and Associate Underwriters Qualifications Bachelor's degree or equivalent combination of education and experience Minimum 3 years of Personal insurance...

In Person

Commercial Acquisition & Development Construction Loan Underwriter

  • Guild Mortgage Company
  • Draper, UT (13 miles from Salt Lake City, UT)
  • 45+ days ago
  • Draper, UT (13 miles from Salt Lake City, UT)
  • 45+ days ago

Experience Minimum five year's experience in commercial credit or underwriting experience At least three (3) years underwriting acquisition, development, and/or construction loans Builder/developer...

In Person

Senior Underwriting Specialist - Life Sciences (Remote/Hybrid)

  • Hanover Insurance Group, Inc.
  • Salt Lake City, UT
  • 90+ days ago
  • Salt Lake City, UT
  • 90+ days ago

The Hanover Life Science Underwriting Department is seeking a highly skilled, results-oriented Senior Underwriting Specialist Life Sciences to join our growing team....

Hybrid

Demographic Data for Salt Lake City, UT

Moving to Salt Lake City, UT? Find some basic demographic data about Salt Lake City, UT below.


Local
National
502,892
18,085
Large

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

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Salary for Underwriting Jobs in Salt Lake City, UT

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 Salt Lake City, UT 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 Salt Lake City, UT
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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