Underwriting Jobs in Milton, WI

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.

1-3 of 3 Jobs

Group Underwriter II

  • Cottage Grove, WI (23 miles from Milton, WI)
  • 30+ days ago
  • Cottage Grove, WI (23 miles from Milton, WI)
  • 30+ days ago

Assure compliance with reinsurance underwriting standards and limitations....

Mortgage Loan Underwriter

  • Cottage Grove, WI (23 miles from Milton, WI)
  • moments ago
  • Cottage Grove, WI (23 miles from Milton, WI)
  • moments ago

At Summit, you're not just underwriting loansyou're helping over 250,000 members across Wisconsin build brighter financial futures....

Commercial Underwriter, Sr

  • Janesville, WI (7 miles from Milton, WI)
  • 5 days ago
  • Janesville, WI (7 miles from Milton, WI)
  • 5 days ago

Key Accountabilities Underwrite Loans Underwrite new credit requests, renewals, and modifications focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality...

Demographic Data for Milton, WI

Moving to Milton, WI? Find some basic demographic data about Milton, WI below.


Local
National
11,503
217
Medium/Sm

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...
Learn Commercial Underwriting and Credit Analysis
Have you noticed that Commercial Lenders have not been as open or willing to take a chance on inexperienced Commercial Underwriters due to the amount of training and effort required to bring one...

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Salary for Underwriting Jobs in Milton, WI

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 Milton, WI offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.8%
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 Milton, WI
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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