Underwriting Jobs in Abbott Park, IL
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.
Senior Surety Underwriter - Core Contract (Chicago)
- Liberty Mutual Insurance
- Hoffman Estates, IL (19 miles from Abbott Park, IL)
- 1 day ago
- Liberty Mutual Insurance
- Hoffman Estates, IL (19 miles from Abbott Park, IL)
- 1 day ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
MRSGM NA Associate Underwriter, Surety
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 1 day ago
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 1 day ago
Job Profile Handling risks submitted by field offices/agents and specific risks assigned by management Gather underwriting information and make underwriting recommendations on bonds/aggregates (new...
Sr. Credit Underwriter - Distribution Finance
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 2 days ago
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 2 days ago
Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans....
Remote Work- Rosemont, IL (22 miles from Abbott Park, IL)
- 2 days ago
- Rosemont, IL (22 miles from Abbott Park, IL)
- 2 days ago
Basic Qualifications: Bachelor's Degree Minimum of 5 years' experience analyzing and underwriting loans for business/commercial clients....
Remote Work- Hoffman Estates, IL (19 miles from Abbott Park, IL)
- 3 days ago
- Hoffman Estates, IL (19 miles from Abbott Park, IL)
- 3 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
AVP Underwriting Manager - Group Captives
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 4 days ago
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 4 days ago
Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....
Secured Lending Underwriting Associate
- Hoffman Estates, IL (19 miles from Abbott Park, IL)
- 10 days ago
- Hoffman Estates, IL (19 miles from Abbott Park, IL)
- 10 days ago
**In this role, you will:** + Participate in the underwriting of less complex floor plan lending transactions within Distribution Finance Underwriting functional area + Review less complex issues, policies...
Referral Underwriting Manager - Garage Insurance
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 11 days ago
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 11 days ago
The Opportunity The Referral Underwriting Manager oversees Underwriting Guidelines and underwriting referral submissions from third party insurance carriers and MGA partners....
Business Banking Underwriter IV - Practice Finance
- Rosemont, IL (22 miles from Abbott Park, IL)
- 14 days ago
- Rosemont, IL (22 miles from Abbott Park, IL)
- 14 days ago
Basic Qualifications: Bachelor's Degree Minimum 5 years of experience analyzing and underwriting loans for business/commercial clients....
Remote WorkE&S Primary Casualty Underwriter (Senior or AVP)
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 17 days ago
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 17 days ago
Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....
- Rolling Meadows, IL (19 miles from Abbott Park, IL)
- 22 days ago
- Rolling Meadows, IL (19 miles from Abbott Park, IL)
- 22 days ago
How will you contribute to the business: Establish and cultivate insurance broker relationships, with regular check-ins to review their book of insurance with us and any comments/concerns Underwrite...
MRSGNA Associate Underwriter, Surety
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 22 days ago
- Schaumburg, IL (23 miles from Abbott Park, IL)
- 22 days ago
Job Profile Handling risks submitted by field offices/agents and specific risks assigned by management Gather underwriting information and make underwriting recommendations on bonds/aggregates (new...
Underwriter/Broker - Wholesale Insurance
- Rolling Meadows, IL (19 miles from Abbott Park, IL)
- 23 days ago
- Rolling Meadows, IL (19 miles from Abbott Park, IL)
- 23 days ago
Proactively stay abreast on relevant industry and market trends that impact underwriting guidelines, pricing and premiums....
- Rosemont, IL (22 miles from Abbott Park, IL)
- 24 days ago
- Rosemont, IL (22 miles from Abbott Park, IL)
- 24 days ago
Minimum 10 years' experience in ABL Underwriting or Portfolio Management. Preferred Qualifications: Sharp analytical and decision-making skills....
Remote WorkBusiness Banking Underwriter IV
- Rosemont, IL (22 miles from Abbott Park, IL)
- 24 days ago
- Rosemont, IL (22 miles from Abbott Park, IL)
- 24 days ago
Previous authority to underwrite and decision credits without additional signers....
Remote WorkDemographic Data for Abbott Park, IL
Moving to Abbott Park, IL? Find some basic demographic data about Abbott Park, IL below.
Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Abbott Park, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Abbott Park, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Underwriting
- Lending
- Cash Flow Analysis
- Mortgage Underwriting
- FHLMC
- Federal National Morgage Association
- Jumbo Loans
- General Liability
- Property and Casualty Insurance
- Personal Lines
- Professional Liability
- Insurance Underwriting
- Umbrella Insurance
- Loss Control
- Property Insurance
- Commercial Insurance
- Premium Audit
- Agency Management
- Cross Selling
- Underwriting
- Claims
- Balance Sheets
- Financial Statements
- Mortgage Processing
- Appraisal
- Workers' Compensation
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Finance
- Analytical Skills
- Accounting
- Retail
- High School Diploma
- Decision Making
- Negotiation
- Written Communication
- Auditing
- Presentation
- Mentoring
- Documentation
- Collaboration
- Reporting
- Employee Development
- Interpersonal Skills
- Coaching
- Bachelor's Degree
- Filing
- Sales
- Policy Development
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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