Underwriting Jobs in Norfolk, VA

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.

1-6 of 6 Jobs

Group Underwriter Senior

  • Elevance Health
  • Norfolk, VA
  • 1 day ago
  • Norfolk, VA
  • 1 day ago

Underwriter Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting...

In Person

Group Underwriter Consultant

  • Elevance Health
  • Norfolk, VA
  • 6 days ago
  • Norfolk, VA
  • 6 days ago

Large group underwriting experience preferred....

In Person

Consumer Loan Underwriter

  • ABNB Federal Credit Union
  • Chesapeake, VA (7 miles from Norfolk, VA)
  • 9 days ago
  • Chesapeake, VA (7 miles from Norfolk, VA)
  • 9 days ago

Apply Description ABNB Federal Credit Union is dedicated to being the best place you will ever work, starting with our comprehensive employee benefits package, which features affordable medical,...

In Person

Group Underwriter Consultant Senior

  • Elevance Health
  • Norfolk, VA
  • 13 days ago
  • Norfolk, VA
  • 13 days ago

Position is the most senior technical underwriting expert....

In Person

Level IV Underwriter

  • American Neighborhood Mortgage Acceptance Company
  • Virginia Beach, VA (16 miles from Norfolk, VA)
  • 16 days ago
  • Virginia Beach, VA (16 miles from Norfolk, VA)
  • 16 days ago

Consult with the Processing and Closing departments to ensure that all underwriting conditions are met prior to closing the loan. Review and clear all underwriting conditions prior to closing....

In Person

PBM Pricing Strategy Analyst Manager - Underwriting

  • Elevance Health
  • Norfolk, VA
  • 25 days ago
  • Norfolk, VA
  • 25 days ago

Assists with developing pharmacy pricing training to underwriters and updates to underwriting guidelines....

In Person

Demographic Data for Norfolk, VA

Moving to Norfolk, VA? Find some basic demographic data about Norfolk, VA below.


Local
National
237,981
5,383
Large

Underwriting Online Courses and Training Opportunities

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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...

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Salary for Underwriting Jobs in Norfolk, VA

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 Norfolk, VA 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 Norfolk, VA
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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