Underwriting Jobs in Salem, 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.

1-4 of 4 Jobs

Group Underwriting Consultant

  • Roanoke, VA (9 miles from Salem, VA)
  • 7 days ago
  • Roanoke, VA (9 miles from Salem, VA)
  • 7 days ago

Preferred Skills, Capabilities and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred....

Underwriting Assistant II (Hybrid)

  • Salem, VA
  • 11 days ago
  • Salem, VA
  • 11 days ago

Performs training of other, less experienced Underwriting Assistants as needed. Assists with a variety of administrative tasks and special projects as needed....

Group Underwriter, Senior

  • Roanoke, VA (9 miles from Salem, VA)
  • 30+ days ago
  • Roanoke, VA (9 miles from Salem, VA)
  • 30+ days ago

Preferred Skills, Capabilities and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred....

Small CL Senior Portfolio Underwriter

  • Roanoke, VA (9 miles from Salem, VA)
  • 45+ days ago
  • Roanoke, VA (9 miles from Salem, VA)
  • 45+ days ago

experience including proven results in production, service and quality metrics Strong underwriting skill and coverage knowledge; ability to make underwriting decisions on multi-line accounts up to...

Remote Work

Demographic Data for Salem, VA

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


Local
National
38,728
1,163
Medium

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.
AI for Loan Underwriting
Artificial Intelligence (AI) is transforming the financial landscape, particularly in loan underwriting, by enhancing efficiency, accuracy, and risk assessment. This course, AI for Loan...
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...
How to Underwrite Multifamily Real Estate Investments
Welcome to the Multifamily Real Estate Underwriting mastery course. If you are new to real estate investment underwriting and would like to develop working knowledge and skills so that you can...

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Salary for Underwriting Jobs in Salem, 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 Salem, VA offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.9%
Vocational Degree or Certification
9.8%
Some College
2.3%
Doctorate Degree
2.1%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Underwritings in Salem, VA
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

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