Underwriting Jobs in Newark, DE

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.

1-8 of 8 Jobs

SBA Underwriter - R-101873-2554

  • Wilmington, DE (12 miles from Newark, DE)
  • 2 hours ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 2 hours ago

Must have 2-4 years of credit review experience, preferably underwriting SBA loans....

Group Underwriter Consultant, Senior

  • Wilmington, DE (12 miles from Newark, DE)
  • 7 hours ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 7 hours ago

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

Manager Mortgage Loan Underwriter

  • Newark, DE
  • 1 day ago
  • Newark, DE
  • 1 day ago

, and general oversite of the underwriting team that reports to them....

Commercial Underwriter III

  • Wilmington, DE (12 miles from Newark, DE)
  • 13 days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 13 days ago

Competencies Accuracy and Attention to Detail, Coaching Others, Credit Analysis and Verification, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Knowledge of Underwriting...

Group Underwriting Consultant Senior

  • Wilmington, DE (12 miles from Newark, DE)
  • 20 days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 20 days ago

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

Mortgage Loan Underwriter Senior

  • Newark, DE
  • 45+ days ago
  • Newark, DE
  • 45+ days ago

Minimum 7 years of experience in jumbo and super jumbo underwriting to investor or organization's guidelines required Minimum 7 years of experience with state and federal lending regulations (i.e.,...

Commercial Associate Renewal Underwriter

  • Wilmington, DE (12 miles from Newark, DE)
  • 45+ days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 45+ days ago

This is a professional Underwriting position within Chubb's Property & Casualty Underwriting Centers....

Mortgage Loan Underwriter II

  • Newark, DE
  • 90+ days ago
  • Newark, DE
  • 90+ days ago

Minimum 5 years of experience in jumbo underwriting to investor or organization's guidelines required....

Demographic Data for Newark, DE

Moving to Newark, DE? Find some basic demographic data about Newark, DE below.


Local
National
142,240
3,583
Medium/Lg

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...
Insurance Underwriting Techniques for Insurance Brokers
Insurance underwriting is a critical pillar of the insurance industry, ensuring that the balance between risk and reward is maintained for both insurers and policyholders. This course provides an...

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Salary for Underwriting Jobs in Newark, DE

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 Newark, DE offer the following education background
Bachelor's Degree
49.5%
Master's Degree
14.3%
Associate's Degree
11.2%
High School or GED
10.1%
Vocational Degree or Certification
10.0%
Some College
2.4%
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 Newark, DE
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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